We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Buying In The US Discussion Area

1567810

Comments

  • dand2202
    dand2202 Posts: 15 Forumite
    Hi all

    I was wondering if any of you could answer a question for me? I am going to America for a celebration next year and need to pay for the restaurart / hotel room before i arrive. The bank I am with is currently offering the worst exchange rate and I was wondering what other options I have to pay for the goods. I don't think the restaurtant will accept Paypal, so would I be better off and getting a credit card with a better exchange rate? Is there any lists of best exchange rate offered on credit cards.

    Thanks
    Dan
  • dmg24
    dmg24 Posts: 33,920 Forumite
    10,000 Posts
    dand2202 wrote: »
    Hi all

    I was wondering if any of you could answer a question for me? I am going to America for a celebration next year and need to pay for the restaurart / hotel room before i arrive. The bank I am with is currently offering the worst exchange rate and I was wondering what other options I have to pay for the goods. I don't think the restaurtant will accept Paypal, so would I be better off and getting a credit card with a better exchange rate? Is there any lists of best exchange rate offered on credit cards.

    Thanks
    Dan

    Which bank are you with? Most banks offer the same rate (plus their loading fee).
    Gone ... or have I?
  • dand2202
    dand2202 Posts: 15 Forumite
    Hi with HSBC - only offering around $1.49 to the £ - whereas you can get $1.58 with some online exchange rate companies
  • Hi guys,

    this is my first post so please excuse me if I touch upon something which has been addressed previously:

    I have an American friend who is willing to purchase a laptop for me and then ship it over to me. The laptop costs around $800 and is £800 in the UK. Does anyone know the best way I could go about this i.e. saving the most money whilst having the item safely sent to me.

    Thanks guys.
  • custardy
    custardy Posts: 38,365 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    snoopsuede wrote: »
    Hi guys,

    this is my first post so please excuse me if I touch upon something which has been addressed previously:

    I have an American friend who is willing to purchase a laptop for me and then ship it over to me. The laptop costs around $800 and is £800 in the UK. Does anyone know the best way I could go about this i.e. saving the most money whilst having the item safely sent to me.

    Thanks guys.

    if they use a courier then you will be charged
    customs would most likely disregard any gift declaration
  • custardy wrote: »
    if they use a courier then you will be charged
    customs would most likely disregard any gift declaration

    Thanks for your reply.

    Is there anyway that my friend could say that it was my property that I had left in the US whilst holidaying, by mistake and that he was sending it on to me?

    If not and I do incur a charge, how much do you imagine it would be for? Do you feel it is still worth importing it or would the charge prove to be so much that it's better off buying in the UK?

    Thanks again for taking the time to reply.
  • custardy
    custardy Posts: 38,365 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    snoopsuede wrote: »
    Thanks for your reply.

    Is there anyway that my friend could say that it was my property that I had left in the US whilst holidaying, by mistake and that he was sending it on to me?

    If not and I do incur a charge, how much do you imagine it would be for? Do you feel it is still worth importing it or would the charge prove to be so much that it's better off buying in the UK?

    Thanks again for taking the time to reply.

    declaring that would be fraud
    your friend can declare what they like
    its what customs decide and lets be honest
    a brand new laptop is going to stand out to them

    you can look on the customs site for fees but it will be at least VAT and the couriers clearence fee's
  • Amys
    Amys Posts: 919 Forumite
    I've been Money Tipped!
    snoopsuede wrote: »
    Thanks for your reply.

    Is there anyway that my friend could say that it was my property that I had left in the US whilst holidaying, by mistake and that he was sending it on to me?
    .


    Nope, if they opened it they would see it was a US laptop from the keybaord and if they wanted to check they can check the serial no with the manufactuer.
  • Hi,
    Hope someone is able to help me......I have been ordering fabric (material) from the USA and each time kept the order under £18.00 to avoid any taxes. I really would love to order larger amounts.....I am rather confused with all the tax stuff.....what is the best value of goods to order so that I can avoid the highest charges.....below £36.00 to avoid VAT? Under £135.00 to avoid duty? Have I read it right that if the VAT to be collect is less than £7.00 they will waive it? Fabric in the states is easily less than half price here including postal charges.
    I would appreciate any help.
    Thanks from a very confused Wabbit x
  • custardy
    custardy Posts: 38,365 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Hi,
    Hope someone is able to help me......I have been ordering fabric (material) from the USA and each time kept the order under £18.00 to avoid any taxes. I really would love to order larger amounts.....I am rather confused with all the tax stuff.....what is the best value of goods to order so that I can avoid the highest charges.....below £36.00 to avoid VAT? Under £135.00 to avoid duty? Have I read it right that if the VAT to be collect is less than £7.00 they will waive it? Fabric in the states is easily less than half price here including postal charges.
    I would appreciate any help.
    Thanks from a very confused Wabbit x

    you need to also factor in the savings on larger orders
    then compare it to the worst case scenario on duties
    how are the roders coming? RM?
    if so,how would larger orders be sent?
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.7K Banking & Borrowing
  • 253.4K Reduce Debt & Boost Income
  • 454K Spending & Discounts
  • 244.7K Work, Benefits & Business
  • 600.1K Mortgages, Homes & Bills
  • 177.3K Life & Family
  • 258.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.