Money transfer

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Old Sep 8th 2005, 5:17 pm
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Default Money transfer

Thanks for all the advice in the previous thread.

Something else occurred to me about moving money to the US. If I sell my house and collate all my savings together, what would be the best way to transfer money to the US?

Two main considerations would be security and cost - with such a high sum of money even a small percentage would make a large difference but the over-riding concern with large sums of money would be the most reliable and secure method of transfer.

Related to this, I presume I would I need to open a US bank acct - which banks would you recommend and is there a problem opening an acct without any credit history?

TIA.
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