"Instant" money transfer UK to USA
Sep 1st 2011, 6:21 pm
#1
BE Forum Addict
Thread Starter
Joined: Jun 2010
Posts: 2,847
"Instant" money transfer UK to USA
Hi
I've been using Xoom to get a near-instant transfer of funds from the US to the UK - typically 20 mins from my US bank to my UK bank.
I'm trying to find a similarly quick way of doing the reverse - UK to my US bank...
Any ideas/suggestions?
Cheers
HTS
I've been using Xoom to get a near-instant transfer of funds from the US to the UK - typically 20 mins from my US bank to my UK bank.
I'm trying to find a similarly quick way of doing the reverse - UK to my US bank...
Any ideas/suggestions?
Cheers
HTS
Sep 1st 2011, 9:16 pm
#2
BE Site Lead
Joined: Aug 2004
Location: MA, USA
Posts: 92,170
Re: "Instant" money transfer UK to USA
Why so quick? Is speed more important than rate/cost?
Sep 1st 2011, 10:36 pm
#3
BE Forum Addict
Thread Starter
Joined: Jun 2010
Posts: 2,847
Re: "Instant" money transfer UK to USA
yup - sometimes...
Sep 1st 2011, 10:56 pm
#4
Joined: Aug 2004
Location: Eugene, OR
Posts: 1,352
Re: "Instant" money transfer UK to USA
Western Union?
Sep 1st 2011, 11:09 pm
#5
BE Enthusiast
Joined: Nov 2007
Posts: 906
Re: "Instant" money transfer UK to USA
Citibank have an in-house service but you need accounts with them at both ends.
Sep 2nd 2011, 2:20 am
#7
MODERATOR
Joined: Nov 2006
Location: Hong Kong, mostly.
Posts: 5,214
Re: "Instant" money transfer UK to USA
If you have HSBC Premier with accounts in both countries, it is an instant transfer. Not sure how the rate compares though.
Sep 2nd 2011, 11:39 am
#8
Forum Regular
Joined: May 2009
Location: New York
Posts: 61
Re: "Instant" money transfer UK to USA
Sep 2nd 2011, 1:37 pm
#9
Wolf In Sheeps Clothing
Joined: Sep 2008
Location: San Antonio, TX
Posts: 947
Re: "Instant" money transfer UK to USA
Do you have a debit card? I just go into the bank and ask for a cash advance in it happens there and then.
Sep 2nd 2011, 8:03 pm
#10
BE Forum Addict
Thread Starter
Joined: Jun 2010
Posts: 2,847
Re: "Instant" money transfer UK to USA
Thanks everybody for your suggestions.
I bank with CitiBank - the nearest branch location where I can pay in cash and have the immediately credit to my account, is in a different country - Mexico!!
I do have a UK debit card, so I can get some money out of an ATM in cash - fine so long as you don't want too much!
Lesson learned is... plan ahead!!
Cheers
HTS
I bank with CitiBank - the nearest branch location where I can pay in cash and have the immediately credit to my account, is in a different country - Mexico!!
I do have a UK debit card, so I can get some money out of an ATM in cash - fine so long as you don't want too much!
Lesson learned is... plan ahead!!
Cheers
HTS
Sep 4th 2011, 5:27 pm
#11
Just Joined
Joined: Jul 2011
Location: North Yorkshire with a New Orleans connection
Posts: 5
Re: "Instant" money transfer UK to USA
We haven't used it yet but it's FSA covered, good web interface and fees seem reasonable.
http://www.tranzfers.com/
http://www.tranzfers.com/
Sep 5th 2011, 10:23 am
#12
BE Forum Addict
Joined: May 2007
Location: London
Posts: 1,248
Re: "Instant" money transfer UK to USA
I would recommend getting an account with Interactive Brokers. Their exchange rates are much better than with any bank, they pay decent interest rates, and up to USD 100,000 cash you are protected by SIPC.
