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Sending money abroad

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Hi - I've recently started a job where theres a requirement to pay fees regularly in foreign currencies. Any tips for how to do this quickly and cheaply? We are currently doing inter bank transfers but they are so expensive. Main currencies are in USD and Euros -thanks for any help!:eek:

Comments

  • Tallaght
    Tallaght Posts: 1,632 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    What is the background to this ? Sending money to African countries ?
  • benjus
    benjus Posts: 5,433 Forumite
    Part of the Furniture 1,000 Posts
    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 warning
  • Voyager2002
    Voyager2002 Posts: 16,282 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Be very careful: this sounds like a Scam to me!
  • paddyrg
    paddyrg Posts: 13,543 Forumite
    This screams scam. Real jobs do not require people to find their own ways to transfer cash internationally.

    Have a quick read of the scamwarners.com website for many, many examples of this scam. If you proceed, AT BEST you will end up overdrawn, AT WORST facing money laundering charges also. Proceed with EXTREME CAUTION and please feel free to post the job spec here for verification. These scammers prey on the poorest people most desperate for a job and will ruin them without a blink.
  • Brassedoff
    Brassedoff Posts: 1,217 Forumite
    I would agree with the other posters. You see them from the moving cash through accounts in the UK through to some other account, technically laundering, so be careful.

    Move to your question, what currency are you being charged in? It makes a difference, otherwise by an FX pre-paid card and pay it on there. That way, no one cleans your account out when you send your account details and BIC/SWIFT code abroad.
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