Transferring from Bank of America to Nationwide
Oct 2nd 2013, 3:18 pm
#1
Just Joined
Thread Starter
Joined: Oct 2013
Posts: 1
Transferring from Bank of America to Nationwide
Hi everyone!
I've been working in America on a J1 visa over the summer and I now want to transfer my earnings from my Bank of America checking account to my Nationwide one in the UK. I guess there will be a fee or something, but I don't really know how to find out.
Thanks!
I've been working in America on a J1 visa over the summer and I now want to transfer my earnings from my Bank of America checking account to my Nationwide one in the UK. I guess there will be a fee or something, but I don't really know how to find out.
Thanks!
Oct 2nd 2013, 3:22 pm
#2
Joined: Dec 2001
Location: Dixie, ex UK
Posts: 52,448
Re: Transferring from Bank of America to Nationwide
Use an on-line remitter, such as xe.com (which I have used frequently, but I hear the exchange rates aren't the best these days), or xoom.com. There are many others. .... If given a choice, make sure to select "credit by ACH/BACS/ direct credit (NOT "wire"), otherwise Nationwide will likely stick you with a wire fee.
If you send a wire from BoA to Nationwide you will pay a wire fee at both ends, probably $25, and £25, or more, in each case.
If you send a wire from BoA to Nationwide you will pay a wire fee at both ends, probably $25, and £25, or more, in each case.
Oct 3rd 2013, 4:28 am
#3
BE Forum Addict
Joined: Mar 2008
Location: Santa Cruz, CA
Posts: 4,913
Re: Transferring from Bank of America to Nationwide
BofA charge $35 for an international wire transfer. If you make the transfer in the currency of the country that you are sending to there is usually no fee charged by the receiving bank (at least that has been my experience).
