Sending money to the UK.
#1
Forum Regular
Thread Starter
Joined: Aug 2005
Posts: 59
Sending money to the UK.
I want to pay off some old UK credit card debt.
Whats the best way to get the money from here (USA) to there?
Whats the best way to get the money from here (USA) to there?
#2
Re: Sending money to the UK.
Originally Posted by robousy
I want to pay off some old UK credit card debt.
Whats the best way to get the money from here (USA) to there?
Whats the best way to get the money from here (USA) to there?
#3
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Thread Starter
Joined: Aug 2005
Posts: 59
Re: Sending money to the UK.
Originally Posted by dbj1000
Just send it to me and I'll forward it.
Whats your address?
#4
Re: Sending money to the UK.
Depends on where you live-if it's New England, NY or PA then there is a bank owned by the Royal Bank of Scotland and you could do transfer.
We use an electronic transfer that costs us 45 bucks a pop regardless of how much we send-expensive but quick.
PayPal?? Think it's not so speedy but might work for you also.
We use an electronic transfer that costs us 45 bucks a pop regardless of how much we send-expensive but quick.
PayPal?? Think it's not so speedy but might work for you also.
#5
Lost in BE Cyberspace
Joined: Oct 2003
Posts: 22,105
Re: Sending money to the UK.
Originally Posted by cindyabs
Depends on where you live-if it's New England, NY or PA then there is a bank owned by the Royal Bank of Scotland and you could do transfer.
We use an electronic transfer that costs us 45 bucks a pop regardless of how much we send-expensive but quick.
PayPal?? Think it's not so speedy but might work for you also.
We use an electronic transfer that costs us 45 bucks a pop regardless of how much we send-expensive but quick.
PayPal?? Think it's not so speedy but might work for you also.
#6
Re: Sending money to the UK.
Originally Posted by AmerLisa
I was going to suggest a bank. I know when I've sent money back (to my daughter) I've just done Western Union. Never sent a lot of money, so the price wasn't bad....but they certainly can't be giving you the best exchange rate. You could find out if there is a bank that you pay here. For example MBNA is an American company.....if you had debt with them you might be able to set up payments that way. Just a thought.
yeah, I should have clarified it-we do ours through BOA for that 45 bucks a pop. Sigh.
#7
Re: Sending money to the UK.
Originally Posted by robousy
I want to pay off some old UK credit card debt.
Whats the best way to get the money from here (USA) to there?
Whats the best way to get the money from here (USA) to there?
#8
Re: Sending money to the UK.
https://www.xe.com/fx/login/
$18 per transfer, cheaper than the majority of banks. You can set it up to do ETF from your US bank, and wire to your UK account. Transfers take about 2 days to get into my HSBC UK account.
Very reliable, very, very competitive exchange rates (beats the banks, etc) and secure.
$18 per transfer, cheaper than the majority of banks. You can set it up to do ETF from your US bank, and wire to your UK account. Transfers take about 2 days to get into my HSBC UK account.
Very reliable, very, very competitive exchange rates (beats the banks, etc) and secure.
#9
Re: Sending money to the UK.
Originally Posted by nathan barley
https://www.xe.com/fx/login/
$18 per transfer, cheaper than the majority of banks. You can set it up to do ETF from your US bank, and wire to your UK account. Transfers take about 2 days to get into my HSBC UK account.
Very reliable, very, very competitive exchange rates (beats the banks, etc) and secure.
$18 per transfer, cheaper than the majority of banks. You can set it up to do ETF from your US bank, and wire to your UK account. Transfers take about 2 days to get into my HSBC UK account.
Very reliable, very, very competitive exchange rates (beats the banks, etc) and secure.
Their exchange rates beat all other methods by quite enough to cover their fees in most cases.
#10
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Thread Starter
Joined: Aug 2005
Posts: 59
Re: Sending money to the UK.
Originally Posted by dbj1000
I can vouch for xe.com too, although I've only used them for currency transfers from the UK to the US, and not the other way.
Their exchange rates beat all other methods by quite enough to cover their fees in most cases.
Their exchange rates beat all other methods by quite enough to cover their fees in most cases.
K, thanks guys and gals! I'll give them a try.
#11
Re: Sending money to the UK.
Originally Posted by robousy
I want to pay off some old UK credit card debt.
Whats the best way to get the money from here (USA) to there?
Whats the best way to get the money from here (USA) to there?
If you are talking several thousands, then I'd use XE.com to send the money to your UK bank and then write a UK check to pay the CC bill off.