British Expats

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-   -   Moving Money (https://britishexpats.com/forum/usa-57/moving-money-502470/)

Dream2008 Dec 30th 2007 9:38 pm

Moving Money
 
Any suggestions on how we move money to the US??:confused::confused:

Noorah101 Dec 30th 2007 10:04 pm

Re: Moving Money
 

Originally Posted by Dream2008 (Post 5720799)
Any suggestions on how we move money to the US??:confused::confused:

Wire transfer? Cash in hand? traveller's checks? Bank transfer? Western Union?

Elvira Dec 31st 2007 1:00 am

Re: Moving Money
 

Originally Posted by Noorah101 (Post 5720892)
Wire transfer? Cash in hand? traveller's checks? Bank transfer? Western Union?

No.

XE Trade.

Do a search.

Xebedee Dec 31st 2007 11:00 am

Re: Moving Money
 

Originally Posted by Dream2008 (Post 5720799)
Any suggestions on how we move money to the US??:confused::confused:

Henrique DeSantos Ferdinando
3572 San Sebastian
Kankahuani
LaPaz
Bolivia

Just don't ask too many questions and watch out for the cats. :)

Jmaster911 Dec 31st 2007 2:05 pm

Re: Moving Money
 
XE Trade has worked for us

mayhemuk Dec 31st 2007 6:28 pm

Re: Moving Money
 
I found my bank was pretty convenient for quick and easy.
Was looking at XE but the registration process seemed drawn out when I needed to do it quickly.
You pay a fee for the international money mover but you do get a good rate (this is lloydstsb)

I can imagine XE would be worth registering with if you were going to do future transactions.

Dan725 Dec 31st 2007 6:40 pm

Re: Moving Money
 

Originally Posted by Elvira (Post 5721326)
No.

XE Trade.

Do a search.

Seconded or thirded, whichever it is - XE Trade really is the least hassle way to do it once set up, good exchange rates too.

dbark Jan 2nd 2008 11:38 am

Re: Moving Money
 
Has anyone ever used PayPal to send money to someone in the UK? I need to send Christmas money to my daughters and am fed up with MoneyGrams. I thought PayPal might be an easy fix, does anyone know of any drawbacks?

excpomea Jan 2nd 2008 11:41 am

Re: Moving Money
 

Originally Posted by dbark (Post 5729334)
Has anyone ever used PayPal to send money to someone in the UK? I need to send Christmas money to my daughters and am fed up with MoneyGrams. I thought PayPal might be an easy fix, does anyone know of any drawbacks?

Only drawback for you is the cost.
They are quite expensive iirc 2.5 %
Mind you it's convinient. I use it for fleabay purchases all the time.

dbark Jan 2nd 2008 11:55 am

Re: Moving Money
 
Well, MoneyGram would charge me $14 to send $200. :frown: That's pretty hefty. So PayPal would be favourable in comparison, I might give it a try.

Elvira Jan 2nd 2008 3:24 pm

Re: Moving Money
 

Originally Posted by dbark (Post 5729398)
Well, MoneyGram would charge me $14 to send $200. :frown: That's pretty hefty. So PayPal would be favourable in comparison, I might give it a try.

Why on earth would you want to do that? What's wrong with XE Trade?

Big D Jan 2nd 2008 7:08 pm

Re: Moving Money
 

Originally Posted by dbark (Post 5729334)
Has anyone ever used PayPal to send money to someone in the UK? I need to send Christmas money to my daughters and am fed up with MoneyGrams. I thought PayPal might be an easy fix, does anyone know of any drawbacks?

I have received $$$ from the UK that way a few times.

andy1 Jan 2nd 2008 8:48 pm

Re: Moving Money
 
I sent money to my U.S. account through paypal ,no charge and bank rate :thumbsup:

im9907620 Jan 2nd 2008 9:30 pm

Re: Moving Money
 
Another vote for XE. The application is subject to stringent checks, but thats the way it is these days given terrorism and Money Laundering checks. Be patient, open your account and you are away - good exchange rates and real time. I've recommended XE to a lot of my clients too. :thumbup:

dbark Jan 3rd 2008 1:28 am

Re: Moving Money
 

Originally Posted by Elvira (Post 5729936)
Why on earth would you want to do that? What's wrong with XE Trade?

I haven't looked into XE Trade. I don't have an account with them, whereas I do have a PayPal account and so does my daughter. I am having trouble prising her bank account details out of her - she keeps forgetting one detail or another whenever I phone - so I thought that using PayPal would at least have the money definitely deposited in her account.


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