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Transferring funds from US to UK?

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Old Oct 10th 2012, 3:34 am
  #1  
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Default Transferring funds from US to UK?

Hi everyone,

I've read some other posts on here about this but haven't really found a clear answer.

I'm leaving some accounts open in the UK (credit card and loan that I can't pay off right now) and so will need to transfer money from the US to the UK on a monthly basis in order to pay my payments.

What is the best way to transfer money from the US to the UK on a monthly basis without getting screwed on both ends with fees?

THANKS!
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Old Oct 10th 2012, 4:53 am
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Default Re: Transferring funds from US to UK?

Originally Posted by JessicaKate
Hi everyone,

I've read some other posts on here about this but haven't really found a clear answer.

I'm leaving some accounts open in the UK (credit card and loan that I can't pay off right now) and so will need to transfer money from the US to the UK on a monthly basis in order to pay my payments.

What is the best way to transfer money from the US to the UK on a monthly basis without getting screwed on both ends with fees?

THANKS!
I have been using money corp they have been really good for me and I "locked in" to an interest rate so its not always fluctuating which helps!

Cx
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Old Oct 10th 2012, 4:58 am
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Default Re: Transferring funds from US to UK?

Originally Posted by JessicaKate
Hi everyone,

I've read some other posts on here about this but haven't really found a clear answer.

I'm leaving some accounts open in the UK (credit card and loan that I can't pay off right now) and so will need to transfer money from the US to the UK on a monthly basis in order to pay my payments.

What is the best way to transfer money from the US to the UK on a monthly basis without getting screwed on both ends with fees?

THANKS!
xe.com
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Old Oct 10th 2012, 7:38 am
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Default Re: Transferring funds from US to UK?

Originally Posted by JessicaKate

I've read some other posts on here about this but haven't really found a clear answer.
Obviously not.

It's very clear, most recommend xe.com and a few recommend moneycorp/hifx and others, but some of those older ones might not be doing business with the US on new accounts.

Xe.com is the best bet on a contract rate for regular payments if you don't want to worry about the exchange rate too.
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Old Oct 10th 2012, 7:51 am
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Default Re: Transferring funds from US to UK?

Thanks Bob. I didn't read any threads that suggested xe.com. But then again I gave up reading threads after about 2.
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