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Transferring Money from the UK to the USA

Transferring Money from the UK to the USA

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Old May 28th 2007, 4:50 pm
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Default Transferring Money from the UK to the USA

Hi,

I was wondering if anyone had any tips on transferring money from the UK to USA. I saw on the britishexpats website a company called UKforex? Has anyone used them and are these types funds transfer companies the best way to transfer funds?

Any info would be appreciated!
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Old May 28th 2007, 5:02 pm
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Default Re: Transferring Money from the UK to the USA

xe.com is as far as I know the best currently available.
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Old May 28th 2007, 5:11 pm
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Default Re: Transferring Money from the UK to the USA

Try hifx too.
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Old May 28th 2007, 5:13 pm
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Default Re: Transferring Money from the UK to the USA

Originally Posted by indigogirl1976
Hi,

I was wondering if anyone had any tips on transferring money from the UK to USA. I saw on the britishexpats website a company called UKforex? Has anyone used them and are these types funds transfer companies the best way to transfer funds?

Any info would be appreciated!
XE Trade - absolutely the best
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Old May 28th 2007, 5:17 pm
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Default Re: Transferring Money from the UK to the USA

Originally Posted by Elvira
XE Trade - absolutely the best
they finally updated their website too, still looks kack, but doesn't look like a geocities website anymore
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Old May 28th 2007, 5:32 pm
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Default Re: Transferring Money from the UK to the USA

Originally Posted by indigogirl1976
Hi,

I was wondering if anyone had any tips on transferring money from the UK to USA. I saw on the britishexpats website a company called UKforex? Has anyone used them and are these types funds transfer companies the best way to transfer funds?

Any info would be appreciated!
www.paypal.com
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Old May 28th 2007, 5:46 pm
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Default Re: Transferring Money from the UK to the USA

Originally Posted by Elvira
XE Trade - absolutely the best
I'd agree too
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Old May 28th 2007, 7:11 pm
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Default Re: Transferring Money from the UK to the USA

Originally Posted by indigogirl1976
Hi,

I was wondering if anyone had any tips on transferring money from the UK to USA. I saw on the britishexpats website a company called UKforex? Has anyone used them and are these types funds transfer companies the best way to transfer funds?

Any info would be appreciated!

I have had no problems with XEtrade.
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Old May 28th 2007, 9:36 pm
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Default Re: Transferring Money from the UK to the USA

+1 XE

Transferred >$250k over the last 4-5 years with not one single issue on their part...
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Old May 28th 2007, 9:44 pm
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Default Re: Transferring Money from the UK to the USA

Originally Posted by BritGuyTN
+1 XE

Transferred >$250k over the last 4-5 years with not one single issue on their part...
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Old May 29th 2007, 12:51 pm
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Default Re: Transferring Money from the UK to the USA

Originally Posted by BigDavyG
I took the advice of forum members here a couple of weeks ago and opened an XE account. Worked like a treat!
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Old May 29th 2007, 2:11 pm
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Default Re: Transferring Money from the UK to the USA

Yep, I'd also recommend XETrade. Been using them for a while, and they're fantastic. Transfers are quick too - money transferred online on Monday can be in your account by Thursday/Friday.

One thing to look out for other companies is how they transfer the money. I've used CurrenciesDirect in the past, and they wire the money into the US account (as opposed to Direct Deposit, which XETrade do), which incurs a $25 fee from Bank of America.
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Old May 29th 2007, 3:55 pm
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Default Re: Transferring Money from the UK to the USA

Originally Posted by Mun
Yep, I'd also recommend XETrade. Been using them for a while, and they're fantastic. Transfers are quick too - money transferred online on Monday can be in your account by Thursday/Friday.

One thing to look out for other companies is how they transfer the money. I've used CurrenciesDirect in the past, and they wire the money into the US account (as opposed to Direct Deposit, which XETrade do), which incurs a $25 fee from Bank of America.
4 or 5 days is a long time...when I send an international wire transfer via my bank it takes 24 hrs.
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Old May 29th 2007, 3:58 pm
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Default Re: Transferring Money from the UK to the USA

Originally Posted by Jerseygirl
4 or 5 days is a long time...when I send an international wire transfer via my bank it takes 24 hrs.
Okay, if you need the cash in a hurry and are willing to pay the penalty
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Old May 29th 2007, 4:02 pm
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Default Re: Transferring Money from the UK to the USA

Originally Posted by Jerseygirl
4 or 5 days is a long time...when I send an international wire transfer via my bank it takes 24 hrs.
Yep, but international wire transfers aren't free, whereas XETrade is. I'm also comparing my experience to CurrencyDirect who took a lot longer (well over a week, if I recall correctly).
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