Money transfer to foreign bank account

Jaques2go

Hello i want to transfer quite a bit of my money from my uk account to my bank in Laos, since I live there a lot of the time.  I don't want to incur huge bank charges so does anyone o ow the best, safest & cheapest way to do this please? 

Quasar

I transferred a sum from my First Direct account to my new account abroad and the charge was £4. Yes four pounds  

Saying that  I share the previous users' suspicions. 

Cornucopia

Thread moved to "Flights, Currency and Car Hire".

Voyager2002

Jaques2go said:

Hello i want to transfer quite a bit of my money from my uk account to my bank in Laos, since I live there a lot of the time.  I don't want to incur huge bank charges so does anyone o ow the best, safest & cheapest way to do this please? 

In Laos? Do they have banks there?

fifeken

Lao Kip is non convertible outside Laos and the usual suspects like Transferwise and Xendpay don't deal with it.  I'm not sure if a regular bank would.  I've used Thai baht there when I entered from Thailand and they take USD too almost everywhere.  There is an ATM fee if you use an overseas card, but not excessive IIRC so your best bet may be to use a good UK card with no loadings and draw from ATMs.