Sending money overseas discussion area

The_Cherries

Thanks for your advice thrifty1

Easyexchange did eventually reply to me once they opened up for business again!

They put a trace on the funds and found that they had paid it 4 weeks earlier.As soon as the trace was put on, Nedbank,in South Africa miraculously paid the money it to my Nan's account!

I have to say that Easyexchange were very helpful once they were up and running again!

Thanks again

SRT

Idiots guide to using "moneybookers"
Please Help me I am unclear about this!
I have opened an account in gbp.
I want to send my sister (living in US) $1500
Do I send in gbp (approx £950).
What happens at her end after I inform moneybookers of her email address?
Is there a charge to her and if so whats that likely to be?
Sorry for my ignorance
tia.
Stuart.

Eve_McKinley

I have sent money to my Grandchildren in Denmark for xmas, thinking it might be cheaper!!!! It cost me £15 for each £100 I sent thru my own bank, Alliance & Leicester. So, instead of £300 it cost me £345. What a rip off, and I could not do it on the Internet - I had to phone International - during Working Hours(Mon - Fri). Have you any suggestions apart from Paypal or Registered Letter? In the EU I expected to be able to do a straight transfer.:mad:

jinkssick

Another idea is to open a bank account for yourself here. Then when you go to another country give the debit card you got from your bank and hand it to the person you want to give money to. You can then deposit the amount that you want into the bank for them and they can take it out with only the usual fees of debit cards abroad.

It would be wise to tell your bank that you will be using your card abroad very often (they will think someone stolen it) and you will save a lot of dosh using this technique.

student-tightwad

We continuously had this problem when I'm visiting family in Germany - just to warn anyone who wants to use the Nationwide card to tranfer money to Germany.

A lot of shops don't accept debit-cards, actually there is no difference in their eyes between a debit card or a credit card. As soon as there is a Visa or MasterCard symbol on it you might get into trouble! You will get a comment that you need an EC-card and other cards aren't accepted.
This is of course true for small shops, but surprisingly enough also for supermarkets!
Bigger Deparment stores, chains and petrol stations should be all right.

student-tightwad

Can anyone explain to me why money tranfer into other European countries is completely free with my German bank account, while Nationwide want £25 for the transfer???

ormus

I need some advice, regarding the transfer of money from the U.K. to the U.S.A.

Some friends of mine are soon to be emigrating to the U.S.A. and will be transferring approx £ 150 K (proceeds of their U.K. house sale) for the purchase of their new home in Florida (yet to be found)

They have been looking into different methods of conducting this transaction without paying too much money in commission / fees.

So far, they have checked with their bank, but the costs are horrendous!

What is the best way to change their money, with regards to safety / security / best exchange rate / lowest commission / fees etc, etc.

They will be opening their new U.S. bank account this week.


Apologies if this is posted in the wrong section (wasn't too sure?) Please move if necessary.

nutothis

Hi all first post, but I thought some of you may like to benefit from a company called TT Moneycorp. They charge £4 for MOH to transfer £400 per month over to his French account. It is a good exchange rate and I think they offer this facility all over the world. The money goes out on a specific date each month and we have always had good service from them. We have used this for over 12 months now with no problems.

Hope this helps we got caught up in the expensive bank charges from over here and found it was the cheapest optio

Tizzi

Hi,

There's been a bereavement in my husband's family, and my husband is the executor of the will.

One of the close family members due a bequest of under £5k lives in Australia and doesn't have a UK bank account.

Has anyone any knowledge of the best way to send the money securely to them in Australia, incurring the smallest fees/charges etc?

As it's such a comparatively small amount, we're trying to ensure the family member receives as much of the money as possible.

Any help or advice would be much appreciated.

Thanks!

Greenwoodpecker_2

We bank mostly online with Smile. They charge £20 per overseas electronic transaction and it gets to an Oz ANZ bnk a/c in about 3 days. (They quote 5 days for safety)

I just send them a secure message and they react immediately. Haven't shopped around. They win on convenience and very friendly 'phone support on the odd occasion when there's a query.