sterling to dollars???
#1
Forum Regular
Thread Starter
Joined: May 2002
Location: lincolnshire uk
Posts: 95
sterling to dollars???
does anyone know the best way to change my money into dollars when i go/get to the us i don`t mean small amount that you do at the b de change ect i mean from the sale of my house and savings ect ect?
thanks
kind regards
keith
thanks
kind regards
keith
#2
Guest
Posts: n/a
Re: sterling to dollars???
mrpilock wrote:
> does anyone know the best way to change my money into dollars when i go/get to the
> us i don`t mean small amount that you do at the b de change ect i mean from the
> sale of my house and savings ect ect?
>
If you don't have a bank account in the US and don't want to wire your money to your
fiance's/spose's bank account (which is a nice way to do it, frankly), then I would
have the money made out in a cashier's check to myself. Don't sign the check. Bring
the check with you (guard it with your life, of course). And then just deposit the
check in the bank when you arrive. The check is not legal tender until you sign it,
so you don't even have to declare it at customs, from the experiences of others who
have done it this way.
Alvena
Doc Steen Site: http://www.mindspring.com/~docsteen/...o/visainfo.htm
=========================================
I am not a lawyer and this is not immigration advice. This is my personal opinion,
gleaned from the previous postings of others, and posted for the purpose of
discussion only. If your case is complicated, then you may need an immigration
attorney. Locate an immigration attorney in your area at: http://www.aila.org
=========================================
> does anyone know the best way to change my money into dollars when i go/get to the
> us i don`t mean small amount that you do at the b de change ect i mean from the
> sale of my house and savings ect ect?
>
If you don't have a bank account in the US and don't want to wire your money to your
fiance's/spose's bank account (which is a nice way to do it, frankly), then I would
have the money made out in a cashier's check to myself. Don't sign the check. Bring
the check with you (guard it with your life, of course). And then just deposit the
check in the bank when you arrive. The check is not legal tender until you sign it,
so you don't even have to declare it at customs, from the experiences of others who
have done it this way.
Alvena
Doc Steen Site: http://www.mindspring.com/~docsteen/...o/visainfo.htm
=========================================
I am not a lawyer and this is not immigration advice. This is my personal opinion,
gleaned from the previous postings of others, and posted for the purpose of
discussion only. If your case is complicated, then you may need an immigration
attorney. Locate an immigration attorney in your area at: http://www.aila.org
=========================================
#3
BE Enthusiast
Joined: Mar 2001
Posts: 717
Re: sterling to dollars???
Your bank should be able to do a Swiftwire transfer to your bank in the US. It should arrive in less than a day, and the bank takes care of any customs declarations.
We do this regularly (from US to UK) and have been very pleased with the reliability and exchange rates. Each bank takes about $10 for the service.
We do this regularly (from US to UK) and have been very pleased with the reliability and exchange rates. Each bank takes about $10 for the service.
#4
Guest
Posts: n/a
Re: sterling to dollars???
you could maybe also look into getting an international account? I know Barclays
offers this service...
"Ameriscot" <[email protected]> wrote in message
news:[email protected]...
> Your bank should be able to do a Swiftwire transfer to your bank in the US. It
> should arrive in less than a day, and the bank takes care of any customs
> declarations.
>
> We do this regularly (from US to UK) and have been very pleased with the
> reliability and exchange rates. Each bank takes about $10 for the service.
>
>
>
> --
> http://www.ameriscot.com/i130
>
> Posted via http://britishexpats.com
offers this service...
"Ameriscot" <[email protected]> wrote in message
news:[email protected]...
> Your bank should be able to do a Swiftwire transfer to your bank in the US. It
> should arrive in less than a day, and the bank takes care of any customs
> declarations.
>
> We do this regularly (from US to UK) and have been very pleased with the
> reliability and exchange rates. Each bank takes about $10 for the service.
>
>
>
> --
> http://www.ameriscot.com/i130
>
> Posted via http://britishexpats.com
#5
Guest
Posts: n/a
Re: sterling to dollars???
Alvena Ferreira <[email protected]> wrote in message
news:<[email protected]>...
> mrpilock wrote:
> > does anyone know the best way to change my money into dollars when i go/get to
> > the us i don`t mean small amount that you do at the b de change ect i mean from
> > the sale of my house and savings ect ect?
> >
> If you don't have a bank account in the US and don't want to wire your money to
> your fiance's/spose's bank account (which is a nice way to do it, frankly), then I
> would have the money made out in a cashier's check to myself. Don't sign the check.
> Bring the check with you (guard it with your life, of course). And then just
> deposit the check in the bank when you arrive. The check is not legal tender until
> you sign it, so you don't even have to declare it at customs, from the experiences
> of others who have done it this way.
>
> Alvena
> Doc Steen Site: http://www.mindspring.com/~docsteen/...o/visainfo.htm
> =========================================
> I am not a lawyer and this is not immigration advice. This is my personal opinion,
> gleaned from the previous postings of others, and posted for the purpose of
> discussion only. If your case is complicated, then you may need an immigration
> attorney. Locate an immigration attorney in your area at: http://www.aila.org
> =========================================
Not that I wish to disagree with Alvena, but the excerpt below is copied directly
from http://www.foreignborn.com/visas_imm...nres.htm#money
There is no limit on the total amount of monetary instruments that may be brought
into or taken out of the United States, nor is it illegal to do so. However, if you
transport or cause to be transported (including by mail or other means), more than
$10,000 in monetary instruments on any occasion into or out of the United States, or
if you receive more than that amount, you must file a report (Customs Form 4790
<http://www.customs.gov/travel/forms.htm>) with U.S. Customs. Failure to comply can
result in civil and criminal penalties, including seizure of the currency or
monetary instruments. Monetary instruments include U.S. or foreign coin, currency,
travelers checks, money orders, and negotiable instruments or investment securities
in bearer form.
You might want to check the US Customs website for clarification prior to risking
your money and your possible future in the US...
Rick
news:<[email protected]>...
> mrpilock wrote:
> > does anyone know the best way to change my money into dollars when i go/get to
> > the us i don`t mean small amount that you do at the b de change ect i mean from
> > the sale of my house and savings ect ect?
> >
> If you don't have a bank account in the US and don't want to wire your money to
> your fiance's/spose's bank account (which is a nice way to do it, frankly), then I
> would have the money made out in a cashier's check to myself. Don't sign the check.
> Bring the check with you (guard it with your life, of course). And then just
> deposit the check in the bank when you arrive. The check is not legal tender until
> you sign it, so you don't even have to declare it at customs, from the experiences
> of others who have done it this way.
>
> Alvena
> Doc Steen Site: http://www.mindspring.com/~docsteen/...o/visainfo.htm
> =========================================
> I am not a lawyer and this is not immigration advice. This is my personal opinion,
> gleaned from the previous postings of others, and posted for the purpose of
> discussion only. If your case is complicated, then you may need an immigration
> attorney. Locate an immigration attorney in your area at: http://www.aila.org
> =========================================
Not that I wish to disagree with Alvena, but the excerpt below is copied directly
from http://www.foreignborn.com/visas_imm...nres.htm#money
There is no limit on the total amount of monetary instruments that may be brought
into or taken out of the United States, nor is it illegal to do so. However, if you
transport or cause to be transported (including by mail or other means), more than
$10,000 in monetary instruments on any occasion into or out of the United States, or
if you receive more than that amount, you must file a report (Customs Form 4790
<http://www.customs.gov/travel/forms.htm>) with U.S. Customs. Failure to comply can
result in civil and criminal penalties, including seizure of the currency or
monetary instruments. Monetary instruments include U.S. or foreign coin, currency,
travelers checks, money orders, and negotiable instruments or investment securities
in bearer form.
You might want to check the US Customs website for clarification prior to risking
your money and your possible future in the US...
Rick
#6
Guest
Posts: n/a
Re: sterling to dollars???
In article <[email protected]>, Alvena Ferreira
<[email protected]> writes
>mrpilock wrote:
>> does anyone know the best way to change my money into dollars when i go/get to the
>> us i don`t mean small amount that you do at the b de change ect i mean from the
>> sale of my house and savings ect ect?
>>
>If you don't have a bank account in the US and don't want to wire your money to your
>fiance's/spose's bank account (which is a nice way to do it, frankly), then I would
>have the money made out in a cashier's check to myself. Don't sign the check. Bring
>the check with you (guard it with your life, of course). And then just deposit the
>check in the bank when you arrive. The check is not legal tender until you sign it,
>so you don't even have to declare it at customs, from the experiences of others who
>have done it this way.
There is no such animal as a 'cashier's check' in the UK (unless perhaps at UK
branches of American banks). The nearest equivalent is known as a Bankers Draft and
is a cheque made payable to a third party and drawn on the bank itself (therefore
deemed to be highly creditworthy). Nevertheless the funds would not be immediately
available if paid into a bank in USA, as the cheque would need to be cleared and this
could take several days. Much better to use electronic transfer methods.
--
squire Those are my principles. If you don't like them I have others. (Groucho)
<[email protected]> writes
>mrpilock wrote:
>> does anyone know the best way to change my money into dollars when i go/get to the
>> us i don`t mean small amount that you do at the b de change ect i mean from the
>> sale of my house and savings ect ect?
>>
>If you don't have a bank account in the US and don't want to wire your money to your
>fiance's/spose's bank account (which is a nice way to do it, frankly), then I would
>have the money made out in a cashier's check to myself. Don't sign the check. Bring
>the check with you (guard it with your life, of course). And then just deposit the
>check in the bank when you arrive. The check is not legal tender until you sign it,
>so you don't even have to declare it at customs, from the experiences of others who
>have done it this way.
There is no such animal as a 'cashier's check' in the UK (unless perhaps at UK
branches of American banks). The nearest equivalent is known as a Bankers Draft and
is a cheque made payable to a third party and drawn on the bank itself (therefore
deemed to be highly creditworthy). Nevertheless the funds would not be immediately
available if paid into a bank in USA, as the cheque would need to be cleared and this
could take several days. Much better to use electronic transfer methods.
--
squire Those are my principles. If you don't like them I have others. (Groucho)