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International Internet Banking

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Hi there, just got a new job for an American company and I will be paid in US dollars. I have opened a Halifax International online US dollar account to receive my dollar income.

I want to be able to transfer funds from this account to my Halifax UK current account and I am told that this is not possible online!

Does anybody know of an online international US dollar account that I can transfer funds from to my UK current account?

Thanks

Comments

  • I had a Chase premier checking account, and i could set up a USD / GBP transfer facility after submitting endless documents.
    Alternatively how about a Travelex personal transfer account. See thier website.
  • Jonbvn
    Jonbvn Posts: 5,562 Forumite
    Part of the Furniture 1,000 Posts
    Does anybody know of an online international US dollar account that I can transfer funds from to my UK current account?

    Yes - HSBC International in Jersey. You can have both US$ and Sterling offshore accounts with them and transfer money between them. You can transfer to any onshore account but it will cost you the CHAPS fee. To avoid this, you need to become a premier customer and open an onshore HSBC current account. Doing this, you can transfer between your accounts almost instantaneously.
    In case you hadn't already worked it out - the entire global financial system is predicated on the assumption that you're an idiot:cool:
  • Thanks - that looks like a canny option!
  • Aegis
    Aegis Posts: 5,695 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Thanks - that looks like a canny option!
    Although I work for them, I've got to say I'm impressed with the Global View service. I've now linked my USD account in the States to my UK accounts, and see them both on the same page now.

    The real disadvantage would be the eligibility criteria. I get it free for my role in the bank, but normally you'd need at least £50k in savings to qualify or a large mortgage.
    I am a Chartered Financial Planner
    Anything I say on the forum is for discussion purposes only and should not be construed as personal financial advice. It is vitally important to do your own research before acting on information gathered from any users on this forum.
  • qamwc1
    qamwc1 Posts: 58 Forumite
    Have you tried Citibank UK? I have a US$ current account and £ account and can transfer between them.
  • Cook_County
    Cook_County Posts: 3,092 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    if yo are actually working & living in the States this will be useless for paying bills, writing checks etc. You will also need a domestic US account for such things.

    Where will you be working?
  • nico26
    nico26 Posts: 823 Forumite
    Hi there, just got a new job for an American company and I will be paid in US dollars. I have opened a Halifax International online US dollar account to receive my dollar income.

    I want to be able to transfer funds from this account to my Halifax UK current account and I am told that this is not possible online!

    Does anybody know of an online international US dollar account that I can transfer funds from to my UK current account?

    Thanks
    Im with Hbos US dollar account.They are starting up internet banking on this account now. When I was transferring money they asked me for details to send passwords etc.I know it is a !!!!!! not being able to do it online.But I think this is something they are working on. I was looking at Citibank as possible replacement but as we are abroad cannot do it just now.
    Mind you I phoned on Monday and my funds were in Malaysia and Uk on Tues cant beat it for service.
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