Cheapest & most secure method of money exchange

armyoftwo

Hi there,

The OH has got a job in Saudi, although its a UK company they will be paying him SAR Saudi riyals. He wants to know what is the cheapest way of exchanging say the equivalent of £400 per month into his UK bank account?

Thanks in Advance xx

innovate

Has your OH asked his company for recommendations? They maight have some special arrangements in place.

If you are left to your own devices, check out International Money Transfer Services. One or more of them are very likely to offer a lot better deals than banks do, but it's always worth checking what your bank would offer you.

armyoftwo

Thanks for the reply innovate. I'm afraid his company wasn't really helpful in giving recommendations.I will ask OH to look at the link provided cheers xx