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Sending Money to America
lemontree
Posts: 893 Forumite
I would like to send 100 dollars to a relative in America but will be charged £21
by my Bank for a draft. If I sent a Stirling cheque, would the recipient have to pay charges to convert?
I would appreciate help if there is someone out there in the know!!
by my Bank for a draft. If I sent a Stirling cheque, would the recipient have to pay charges to convert?
I would appreciate help if there is someone out there in the know!!
0
Comments
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If the recipient has access to the internet it may be possible to use PayPal to transfer money, the fees would be lower. It may be useful to check this out."Food has replaced sex in my life. Now, even I can't get into my own pants."0
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If the person in the US has a bank account you should be able to do a transfer. Check your banks website.
I'm with the Royal Bank of Scotland and I can send money to many developed countries for a flat fee of £10 and the recipient gets it all, no fees. It's called Royworld Budget. Applies to amounts of £2000 or less.
Note. They do a similar service, Royworld Economy that costs £18 and there are fees at the other end too ($25 from memory) Be careful.0 -
aqua wrote:I would like to send 100 dollars to a relative in America but will be charged £21
by my Bank for a draft. If I sent a Stirling cheque, would the recipient have to pay charges to convert?
I would appreciate help if there is someone out there in the know!!
Buy $100 of travellers cheques, sign them, and most importantly indorse the fronts with the name and account number of the benficiary plus the name of the bank. They will then be able to bank them without any problem (assuming they have a US bank account).0
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