GBP/AED rate: who is sending money home now?
#16
womble
Joined: Sep 2005
Posts: 2,675
Re: GBP/AED rate: who is sending money home now?
I've been sending money back every month, to capture the rolls of the exchange rate. When the rate is "good" like it is now, I'll send back a bit extra.
#20
womble
Joined: Sep 2005
Posts: 2,675
Re: GBP/AED rate: who is sending money home now?
I tried using the service that Meow offered to connect me to (after I had asked her, she didn't push it on me). To be frank, I was disappointed at how slow in responding to emails & phone calls the service was, never calling back when they said they would, and never fully explaining how I could transfer from OMR to UK, without involving an AED transfer.
For the sake of 0.01% difference between their rates and my bank (HSBC Premier) I use the bank to transfer directly, and "free", to my GBP bank account with HSBC here. Then when I need cash in the UK, I transfer what I need to my UK HSBC account from here to UK, all in GBP and charge free.
Extra info: 2 years ago during the "Spring" I decided we needed a quick way to empty our accounts if necessary. Direct online transfers is one relatively safe way if it all goes bottoms up.
For the sake of 0.01% difference between their rates and my bank (HSBC Premier) I use the bank to transfer directly, and "free", to my GBP bank account with HSBC here. Then when I need cash in the UK, I transfer what I need to my UK HSBC account from here to UK, all in GBP and charge free.
Extra info: 2 years ago during the "Spring" I decided we needed a quick way to empty our accounts if necessary. Direct online transfers is one relatively safe way if it all goes bottoms up.
Last edited by OriginalSunshine; Feb 24th 2013 at 9:54 am. Reason: extra info
#21
Re: GBP/AED rate: who is sending money home now?
I tried using the service that Meow offered to connect me to (after I had asked her, she didn't push it on me). To be frank, I was disappointed at how slow in responding to emails & phone calls the service was, never calling back when they said they would, and never fully explaining how I could transfer from OMR to UK, without involving an AED transfer.
For the sake of 0.01% difference between their rates and my bank (HSBC Premier) I use the bank to transfer directly, and "free", to my GBP bank account with HSBC here. Then when I need cash in the UK, I transfer what I need to my UK HSBC account from here to UK, all in GBP and charge free.
Extra info: 2 years ago during the "Spring" I decided we needed a quick way to empty our accounts if necessary. Direct online transfers is one relatively safe way if it all goes bottoms up.
For the sake of 0.01% difference between their rates and my bank (HSBC Premier) I use the bank to transfer directly, and "free", to my GBP bank account with HSBC here. Then when I need cash in the UK, I transfer what I need to my UK HSBC account from here to UK, all in GBP and charge free.
Extra info: 2 years ago during the "Spring" I decided we needed a quick way to empty our accounts if necessary. Direct online transfers is one relatively safe way if it all goes bottoms up.
Their rates are best for large transfers.
I've PM'd you.
Last edited by Meow; Feb 24th 2013 at 10:04 am.
#22
Re: GBP/AED rate: who is sending money home now?
I was also wondering whether to transfer some cash in to UKP, but with no immediate plans to go back I can't quite work up the enthusiasm to do so.
#23
Joined: Jan 2012
Posts: 1,107
Re: GBP/AED rate: who is sending money home now?
I tried using the service that Meow offered to connect me to (after I had asked her, she didn't push it on me). To be frank, I was disappointed at how slow in responding to emails & phone calls the service was, never calling back when they said they would, and never fully explaining how I could transfer from OMR to UK, without involving an AED transfer.
For the sake of 0.01% difference between their rates and my bank (HSBC Premier) I use the bank to transfer directly, and "free", to my GBP bank account with HSBC here. Then when I need cash in the UK, I transfer what I need to my UK HSBC account from here to UK, all in GBP and charge free.
Extra info: 2 years ago during the "Spring" I decided we needed a quick way to empty our accounts if necessary. Direct online transfers is one relatively safe way if it all goes bottoms up.
For the sake of 0.01% difference between their rates and my bank (HSBC Premier) I use the bank to transfer directly, and "free", to my GBP bank account with HSBC here. Then when I need cash in the UK, I transfer what I need to my UK HSBC account from here to UK, all in GBP and charge free.
Extra info: 2 years ago during the "Spring" I decided we needed a quick way to empty our accounts if necessary. Direct online transfers is one relatively safe way if it all goes bottoms up.
#24
Re: GBP/AED rate: who is sending money home now?
Consider the currency you want your money in over the long term. If the answer is Sterling, then it's probably worth transferring some now.
#25
Account Closed
Joined: Mar 2012
Location: Dubai, working at Dust World Central
Posts: 3,706
Re: GBP/AED rate: who is sending money home now?
Ditto and they've been excellent, in particular the delicious (and efficient) sounding lady who calls me almost immediately after I hit the email send button requesting a transfer (calls are taped).
#28
Joined: Jan 2012
Posts: 1,107
Re: GBP/AED rate: who is sending money home now?
I guess she's the same one who replied to my email at Xmas! And if you've got her number in your phone and you're on Whats App you can see her picture! Sorry to sound like a perv - oh the irony...
#29
Re: GBP/AED rate: who is sending money home now?
I am sure she'll be delighted by the admiration!
#30
Vendor
Joined: Feb 2013
Location: London
Posts: 139
Re: GBP/AED rate: who is sending money home now?
I suggest you shop around for currency transfer quotes and make sure that you are getting the best rate from an FSA authorised foreign exchange provider. Typically, a foreign exchange broker's rate can be up to 4% better than the banks - as you probably know.
(SNIP)
Hope that helps
Mark
(SNIP)
Hope that helps
Mark
Last edited by Mitzyboy; Feb 25th 2013 at 3:33 pm. Reason: Please .. you cant advertise in the forums