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Transferring money abroad

Transferring money abroad

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Old Aug 3rd 2004, 4:42 pm
  #1  
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Default Transferring money abroad

Hello there!
Curious to hear about your experiences and advices regarding money tranfer to the U.S
i am moving to the U.S. to my husband and i am wanting to bring my money(small amount in$)
What is the best and cheapest way to do it?
Thank you
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Old Aug 3rd 2004, 4:47 pm
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Default Re: Transferring money abroad

Originally posted by Americanwife
Hello there!
Curious to hear about your experiences and advices regarding money tranfer to the U.S
i am moving to the U.S. to my husband and i am wanting to bring my money(small amount in$)
What is the best and cheapest way to do it?
Thank you
I wired my money across from my bank. Charged me $12 this end and I think it was about 8 pounds for the charge in England but it all depends on how much of a rush you are in to get it. I waited to open an account here (joint account with my hubby) till I got my social security card as it is a lot easier and I do know that the bank I belong to now won't open an account without a SSN but some banks are ok without.
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Old Aug 3rd 2004, 6:33 pm
  #3  
Eric S.
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Default Re: Transferring money abroad

If it's a small amount and you have an ATM card, just withdraw it in dollars
at any ATM machine when you get to the US.

- Eric S.


"Americanwife" <member10432@british_expats.com> wrote in message
news:[email protected]...
    > Hello there!
    > Curious to hear about your experiences and advices
    > regarding money tranfer to the U.S
    > i am moving to the U.S. to my husband
    > and i am wanting to bring my money(small amount in$)
    > What is the best
    > and cheapest way to do it?
    > Thank you
    > --
    > Posted via http://britishexpats.com
 
Old Aug 3rd 2004, 6:49 pm
  #4  
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Default Re: Transferring money abroad

Originally posted by Americanwife
Hello there!
Curious to hear about your experiences and advices regarding money tranfer to the U.S
i am moving to the U.S. to my husband and i am wanting to bring my money(small amount in$)
What is the best and cheapest way to do it?
Thank you
Hello

When I came here, I wrote a check in £ from my Halifax current account and bank it to my other account in the US (Bank of America). The money went into my US account in $ with the exchange rate on that day. There was no charge at all. It saved me the trouble of carrying cash.

You can also get a banker's draft in US$ from your UK bank. My accountant did it when she transferred my tax return.

Hope it helps

Khin
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Old Aug 3rd 2004, 8:29 pm
  #5  
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Default Re: Transferring money abroad

Originally posted by Americanwife
Hello there!
Curious to hear about your experiences and advices regarding money tranfer to the U.S
i am moving to the U.S. to my husband and i am wanting to bring my money(small amount in$)
What is the best and cheapest way to do it?
Thank you
Recently had money wired here from Ireland, Irish end was free, my bank charged two fees, one was a wire fee of $10 and the other was a handling fee of $25, took less than 24hrs even though the bank in Ireland said it would take 3 days.
Patrick
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Old Aug 5th 2004, 12:30 am
  #6  
Exile
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Default Re: Transferring money abroad

"Americanwife" wrote:
    > Hello there!
    > Curious to hear about your experiences and advices
    > regarding money tranfer to the U.S
    > i am moving to the U.S. to my husband
    > and i am wanting to bring my money(small amount in$)
    > What is the best
    > and cheapest way to do it?
    > Thank you

Depending on how small the amount is, there are a couple of good suggestions
already in this thread, however if you're talking a couple of thousand, then
I'd recommend checking out xe.net. I haven't used them yet, but I signed up
with them after using the demo on their site and I'm convinced that they're
the cheapest around and intend to use them in the next couple of weeks.

Don't be fooled by places that only charge small (or no) commission.
Chances are that their exchange rate is going to be so far below the actual
exchange rate that they make a good profit there too.


Andy
 

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