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Exchange large amount of US Dollars to GBP

valueman1
Posts: 138 Forumite

Looking to exchange over $100,000 to £, which currency exchange offers the best rates?
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Comments
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Cash or bank? Where?
Evolution, not revolution0 -
eDicky said:Cash or bank? Where?Over $100K in readies ?Wouldn't that raise some questions by the receiving financial institution ?
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NoodleDoodleMan said:eDicky said:Cash or bank? Where?Over $100K in readies ?Wouldn't that raise some questions by the receiving financial institution ?
Use of the term 'currency exchange' often refers to exchange of cash, hence my question. But OP seems satisfied with eskbanker's reply so I guess it's a banking scenario.
Evolution, not revolution0 -
Maybe I misread/misunderstood the type of transaction envisaged - just assumed the presentation of $100,000 + in currency would be an issue ?
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Transferwise, or Interactive Brokers if you are prepared to put in the time to understand a difficult-to-use website.
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brianposter said:Transferwise, or Interactive Brokers if you are prepared to put in the time to understand a difficult-to-use website.0
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For others that read this, I shopped around and the best rate was with xendpay.1
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Unfortunately it seems Xendpay are in trouble, as a customer they have sent me an email saying they are no longer accepting funds and can't return any either!0
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