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Sending money to family member in Canada

skintnomore
Posts: 14 Forumite


Hi All
My family and i are travelling to Canada in the summer- my cousin who lives over there has purchased rodeo tickets for us- i need to transfer her the money to pay for them and am confused by all the information out there about transferring money (i ignorantly thought it would be straightforward!)
Can anyone recommend the best way- there seems to be many companies offering transfers- how do i know which ones are not dodgy? Can i just send money from my bank?
It not a huge amount that needs to be transferred...help??
My family and i are travelling to Canada in the summer- my cousin who lives over there has purchased rodeo tickets for us- i need to transfer her the money to pay for them and am confused by all the information out there about transferring money (i ignorantly thought it would be straightforward!)
Can anyone recommend the best way- there seems to be many companies offering transfers- how do i know which ones are not dodgy? Can i just send money from my bank?
It not a huge amount that needs to be transferred...help??
0
Comments
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Can you not just give them it when you go over there ?make the most of it, we are only here for the weekend.
and we will never, ever return.0 -
Or just use Paypal.0
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https://transferwise.com/ is reliable and good value.0
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Thank you Everywhere- I'll have a look at Transferwise.
i don't have paypal bradders.
Mckneff- I'd rather not leave them out of pocket for the next few months until we get out there- although it not a huge amount it not pennies either!0 -
Easy enough to get a PayPal account if you dont have one. No different to opening an account with Transferwise...0
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Easy to transfer money from your bank account to their bank account0
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bradders1983 wrote: »Easy enough to get a PayPal account if you dont have one. No different to opening an account with Transferwise...
Paypal give DREADFUL exchange rates.0 -
Voyager2002 wrote: »Paypal give DREADFUL exchange rates.
Maybe, but it seems we are hardly talking about a fortune here from the sounds of it. Difference will probably be minimal.0 -
bradders1983 wrote: »Maybe, but it seems we are hardly talking about a fortune here from the sounds of it. Difference will probably be minimal.
Transferwise is the answer, though they are generally beatable if you're willing to shop around a bit.0 -
About 6% last time I checked. You do realise this is a money saving site, right?
Transferwise is the answer, though they are generally beatable if you're willing to shop around a bit.
6%?
Transferwise - £100 results in 175.08 CAD
Paypal - £100 results in £171.05 CAD
Worse? Yes.
6%? No.0
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