Most affordable way to turn your GBP savings to USD savings?
#1
Forum Regular
Thread Starter
Joined: Oct 2015
Posts: 99
Most affordable way to turn your GBP savings to USD savings?
We're planning to have one bank account together in the US once we're married. I have some savings in the UK, and I'd like to merge them into our joined savings account.
What's the most affordable way to go about doing this?
Thanks.
What's the most affordable way to go about doing this?
Thanks.
#2
Re: Most affordable way to turn your GBP savings to USD savings?
Search the US and Trailer Park forums for XE, Forx or World First. There are a great many threads on the subject.
#4
Forum Regular
Thread Starter
Joined: Oct 2015
Posts: 99
Re: Most affordable way to turn your GBP savings to USD savings?
Okay, no worries, I'll see if I can find the other forum threads discussing this issue. I take it there is no consensus?
#5
Re: Most affordable way to turn your GBP savings to USD savings?
Don't use a bank. ...... Otherwise there are many broadly similar on-line exchange/remitting services.
#6
Re: Most affordable way to turn your GBP savings to USD savings?
If you mean consensus on which forex broker to use, not really we all have our favorites. I personally use World First and have done for quite a few years, but they are all very close in costs/exchange rate, just avoid high street banks.
#7
Re: Most affordable way to turn your GBP savings to USD savings?
One thing you may want to consider. If you are thinking of closing your UK bank account, it is very difficult to open a new UK bank account once you leave the UK.