Moving Money
Dec 30th 2007, 9:38 pm
#1
Just Joined
Thread Starter
Joined: Dec 2007
Posts: 10
Moving Money
Any suggestions on how we move money to the US??
Dec 31st 2007, 2:05 pm
#5
Forum Regular
Joined: Nov 2004
Location: Dallas, TX
Posts: 166
Re: Moving Money
XE Trade has worked for us
Dec 31st 2007, 6:28 pm
#6
BE Enthusiast
Joined: Aug 2007
Location: Cornwall >>> Marin, CA >>> Cornwall!
Posts: 740
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.
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.
Jan 2nd 2008, 11:38 am
#8
Just around the next bend
Joined: Sep 2002
Location: Missouri
Posts: 2,276
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?
Jan 2nd 2008, 11:41 am
#9
Sad old Crinkly Member
Joined: Oct 2003
Location: Tallahassee, Florida
Posts: 807
Re: Moving Money
They are quite expensive iirc 2.5 %
Mind you it's convinient. I use it for fleabay purchases all the time.
Jan 2nd 2008, 11:55 am
#10
Just around the next bend
Joined: Sep 2002
Location: Missouri
Posts: 2,276
Re: Moving Money
Well, MoneyGram would charge me $14 to send $200. 
That's pretty hefty. So PayPal would be favourable in comparison, I might give it a try.
That's pretty hefty. So PayPal would be favourable in comparison, I might give it a try.
Jan 2nd 2008, 7:08 pm
#12
BE Forum Addict
Joined: Oct 2004
Location: The Big Apple
Posts: 1,834
Re: Moving Money
Jan 2nd 2008, 8:48 pm
#13
Forum Regular
Joined: Dec 2006
Posts: 167
Re: Moving Money
I sent money to my U.S. account through paypal ,no charge and bank rate 
Last edited by andy1; Jan 2nd 2008 at 8:55 pm.
Jan 2nd 2008, 9:30 pm
#14
Forum Regular
Joined: Nov 2007
Location: South Staffs UK & Gulf Coast Florida
Posts: 137
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. 
Jan 3rd 2008, 1:28 am
#15
Just around the next bend
Joined: Sep 2002
Location: Missouri
Posts: 2,276
Re: Moving Money
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.