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Transferring money from USA to UK
pmj1980
Posts: 8 Forumite
Hi all,
Advice would be much appreciated on the most cost-effective way of receiving money from somebody in the USA.
This is money that my future mother-in-law is sending me to help pay for my wedding, it'll be about $3.5k or something like that.
I'm sure there's a very simple way of doing this without having to pay huge fees or get a terrible exchange rate, but I'm fairly ignorant on these matters! Any help would be great, thanks.
Advice would be much appreciated on the most cost-effective way of receiving money from somebody in the USA.
This is money that my future mother-in-law is sending me to help pay for my wedding, it'll be about $3.5k or something like that.
I'm sure there's a very simple way of doing this without having to pay huge fees or get a terrible exchange rate, but I'm fairly ignorant on these matters! Any help would be great, thanks.
0
Comments
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I have recieved money from the USA via MoneyGram and Western Union but to be honest they are probably not the most secure if the money goes missing. I would do bank to bank, yes you have a fee but with that much money you have the safety that it doesn't go a miss.
I tranferred $2000 to the USA a couple of years ago and it was £25. Not terrible I thought.0 -
try PayPal0
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I have used xoom.com before in the past. They now appear to be offering credit via Faster Payments to most accounts for a flat fee of $4.99 per transfer
However, check the current exchange rate against other sites also for comparison to see if it is competitive. xe.com is also another good site to check0 -
Let's settle this like gentlemen: armed with heavy sticks
On a rotating plate, with spikes like Flash Gordon
And you're Peter Duncan; I gave you fair warning0
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