Sending Money from the US to the UK
Sep 3rd 2007, 10:33 pm
#1
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Sending Money from the US to the UK
Guys - anyone got any thoughts on the best / cheapest way to send money from the US to the UK?
My US bank is going to be BB&T (cos its right outside of my office) and my UK bank is HSBC. I'll be needing to send over about $1,500 to $2,000 per month to cover the whole heap of bills that I have in the UK.
It it would be better for me to change my US bank account (or indeed, my UK bank account) then that isn't such a big problem.
My US bank is going to be BB&T (cos its right outside of my office) and my UK bank is HSBC. I'll be needing to send over about $1,500 to $2,000 per month to cover the whole heap of bills that I have in the UK.
It it would be better for me to change my US bank account (or indeed, my UK bank account) then that isn't such a big problem.
Sep 3rd 2007, 10:34 pm
#2
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Joined: Dec 2005
Posts: 88,022
Re: Sending Money from the US to the UK
Guys - anyone got any thoughts on the best / cheapest way to send money from the US to the UK?
My US bank is going to be BB&T (cos its right outside of my office) and my UK bank is HSBC. I'll be needing to send over about $1,500 to $2,000 per month to cover the whole heap of bills that I have in the UK.
It it would be better for me to change my US bank account (or indeed, my UK bank account) then that isn't such a big problem.
My US bank is going to be BB&T (cos its right outside of my office) and my UK bank is HSBC. I'll be needing to send over about $1,500 to $2,000 per month to cover the whole heap of bills that I have in the UK.
It it would be better for me to change my US bank account (or indeed, my UK bank account) then that isn't such a big problem.
Sep 3rd 2007, 10:49 pm
#3
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Thread Starter
Joined: May 2007
Location: Johns Creek, GA
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Re: Sending Money from the US to the UK
Yeah - I did have a quick look on the search, but I figured this is the kinda thing that's changing a lot - and with more people joining this forum I thought it would be interesting to see what peoples current thoughts were...
Sep 3rd 2007, 10:54 pm
#4
Just Joined
Joined: Sep 2007
Location: Grand Rapids MI
Posts: 7
Re: Sending Money from the US to the UK
I had a real problem sending money back to the UK too. Coincidentally HSBC. The best bank I have found is Chase. It's cheaper to do it than most banks and they also have the facilty for you to wire transfer online.
Sep 3rd 2007, 11:02 pm
#5
Homebody
Joined: Jan 2005
Location: HOME
Posts: 23,181
Re: Sending Money from the US to the UK
XE Trade
definitely.
definitely.
Sep 3rd 2007, 11:10 pm
#6
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Joined: Nov 2006
Location: Hong Kong, mostly.
Posts: 5,214
Re: Sending Money from the US to the UK
Is it possible to have your bills in the UK placed on your credit card so you will get the bank exchange rate for the transactions (slightly better than the tourist rate you'll get for smaller ones). You can also get a ton of airmiles by the end of the year, at least enough for an upgrade to business class on a fligth home.
Sep 3rd 2007, 11:13 pm
#7
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Joined: Dec 2005
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Re: Sending Money from the US to the UK
I'm sure the last thread on this subject was only a few weeks ago....
Sep 3rd 2007, 11:41 pm
#8
Arrogant ****
Joined: Jan 2004
Location: Plano, TX
Posts: 4,323
Re: Sending Money from the US to the UK
Nope. XEtrade has been the answer for at least the last few years now.
Sep 4th 2007, 8:17 am
#9
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Location: Johns Creek, GA
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Re: Sending Money from the US to the UK
Super - thanks guys. Sounds like XE is the one to go for...
Sep 6th 2007, 2:53 am
#10
Forum Regular
Joined: Jun 2002
Location: Houston, Texas
Posts: 150
Re: Sending Money from the US to the UK
I've used Xetrade every month for 3 years, and had no problems.
Sep 6th 2007, 3:40 am
#11
You're all mugs!
Joined: Feb 2007
Location: San Antonio, USA
Posts: 442
Re: Sending Money from the US to the UK
Yep i use XE trade in conjunction with HSBC online banking - easy!!!!!!!!!!!!!!!!!
Sep 6th 2007, 3:14 pm
#12
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Joined: Jul 2002
Location: Dreich Alba
Posts: 12,006
Re: Sending Money from the US to the UK
Guys - anyone got any thoughts on the best / cheapest way to send money from the US to the UK?
My US bank is going to be BB&T (cos its right outside of my office) and my UK bank is HSBC. I'll be needing to send over about $1,500 to $2,000 per month to cover the whole heap of bills that I have in the UK.
It it would be better for me to change my US bank account (or indeed, my UK bank account) then that isn't such a big problem.
My US bank is going to be BB&T (cos its right outside of my office) and my UK bank is HSBC. I'll be needing to send over about $1,500 to $2,000 per month to cover the whole heap of bills that I have in the UK.
It it would be better for me to change my US bank account (or indeed, my UK bank account) then that isn't such a big problem.
Sep 6th 2007, 3:16 pm
#13
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Thread Starter
Joined: May 2007
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Sep 6th 2007, 4:01 pm
#14
Just Joined
Joined: Sep 2007
Posts: 1
Re: Sending Money from the US to the UK
Guys - anyone got any thoughts on the best / cheapest way to send money from the US to the UK?
My US bank is going to be BB&T (cos its right outside of my office) and my UK bank is HSBC. I'll be needing to send over about $1,500 to $2,000 per month to cover the whole heap of bills that I have in the UK.
It it would be better for me to change my US bank account (or indeed, my UK bank account) then that isn't such a big problem.
My US bank is going to be BB&T (cos its right outside of my office) and my UK bank is HSBC. I'll be needing to send over about $1,500 to $2,000 per month to cover the whole heap of bills that I have in the UK.
It it would be better for me to change my US bank account (or indeed, my UK bank account) then that isn't such a big problem.
Sep 6th 2007, 5:50 pm
#15
Ping-ponger
Joined: Jul 2002
Location: Dreich Alba
Posts: 12,006
Re: Sending Money from the US to the UK
Also, if you haven't used up this year's cash ISA allowance, I'd open one now and put in any savings you're leaving behind. You won't be able to pay into an ISA once you are overseas.
I can understand the ban on ISAs for nonresidents, but the idea of not allowing a UKC who alreday owns a UK current a/c to open a new one seems a bit daft.