Transmitting small sums from UK to 'abroad'
#1
Homebody
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Joined: Jan 2005
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Transmitting small sums from UK to 'abroad'
From today's Independent - some possible ways of transmitting small sums of money from the UK to 'abroad':
http://money.independent.co.uk/perso...cle2214738.ece
For larger sums, of course, XE Trade can't be beaten. But I guess you already knew that
http://money.independent.co.uk/perso...cle2214738.ece
For larger sums, of course, XE Trade can't be beaten. But I guess you already knew that
#2
Re: Transmitting small sums from UK to 'abroad'
From today's Independent - some possible ways of transmitting small sums of money from the UK to 'abroad':
http://money.independent.co.uk/perso...cle2214738.ece
For larger sums, of course, XE Trade can't be beaten. But I guess you already knew that
http://money.independent.co.uk/perso...cle2214738.ece
For larger sums, of course, XE Trade can't be beaten. But I guess you already knew that
What is defined as small ? For me anything lower than £500 would be considered small, but it's obviously relative, so where does paypal stop being better than XE ?
Rich./
#3
Mr. Grumpy
Joined: Jun 2003
Location: Nashville, TN
Posts: 3,100
Re: Transmitting small sums from UK to 'abroad'
From today's Independent - some possible ways of transmitting small sums of money from the UK to 'abroad':
http://money.independent.co.uk/perso...cle2214738.ece
For larger sums, of course, XE Trade can't be beaten. But I guess you already knew that
http://money.independent.co.uk/perso...cle2214738.ece
For larger sums, of course, XE Trade can't be beaten. But I guess you already knew that
#4
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Joined: Jan 2005
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Posts: 23,181
Re: Transmitting small sums from UK to 'abroad'
Why don't you do a dummy trial run on XE? No need to actually press the button to activate the transaction, but you'll know how much it would cost.
#5
Mr. Grumpy
Joined: Jun 2003
Location: Nashville, TN
Posts: 3,100
Re: Transmitting small sums from UK to 'abroad'
actually the dummy run does not necessarily give you a true indication of the rate - you may get better or worse, every account has a different margin added to the mid rate - if you call cust serv for example and say, hey - i'm transferring $200k - you will get a better rate
#8
Mr. Grumpy
Joined: Jun 2003
Location: Nashville, TN
Posts: 3,100
Re: Transmitting small sums from UK to 'abroad'
#9
Re: Transmitting small sums from UK to 'abroad'
All I really know at this stage is that paypal is apparently better than XE for "small" amounts, however no one can quantify this...
At the risk of opening up a whole can of woop-ass on myself---- what does small mean ? and where's the line here between Paypal and XE ?
R./
I feel very warm and friendly today !
#10
Re: Transmitting small sums from UK to 'abroad'
Well I might just do that then.... I have an account as I was planning on doing one transfer to see what it cost as I need to but was thinking more like £3000 than £200 !
All I really know at this stage is that paypal is apparently better than XE for "small" amounts, however no one can quantify this...
At the risk of opening up a whole can of woop-ass on myself---- what does small mean ? and where's the line here between Paypal and XE ?
R./
I feel very warm and friendly today !
All I really know at this stage is that paypal is apparently better than XE for "small" amounts, however no one can quantify this...
At the risk of opening up a whole can of woop-ass on myself---- what does small mean ? and where's the line here between Paypal and XE ?
R./
I feel very warm and friendly today !
With the exchange rate at 1.96 last week xe quoted me less that 2.0 to ship some dollars back to the UK - it came to about 2% that I would have been paying over the spot rate - I challenge anyone to beat that on anything less than a million pound transaction.
In a few weeks for the first time I'll be using xe to wire the money to the UK (I usually take the draft option) and they only charge about $10 for that - absolute bargain imo.
#11
Re: Transmitting small sums from UK to 'abroad'
Paypal would be faster, but I can't see it being any cheaper, not matter what the amount (ok, so I can't comment on 20 quid).
With the exchange rate at 1.96 last week xe quoted me less that 2.0 to ship some dollars back to the UK - it came to about 2% that I would have been paying over the spot rate - I challenge anyone to beat that on anything less than a million pound transaction.
In a few weeks for the first time I'll be using xe to wire the money to the UK (I usually take the draft option) and they only charge about $10 for that - absolute bargain imo.
With the exchange rate at 1.96 last week xe quoted me less that 2.0 to ship some dollars back to the UK - it came to about 2% that I would have been paying over the spot rate - I challenge anyone to beat that on anything less than a million pound transaction.
In a few weeks for the first time I'll be using xe to wire the money to the UK (I usually take the draft option) and they only charge about $10 for that - absolute bargain imo.