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Best way to send large amount of money overseas

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Comments

  • Yes your right .....but when searching/looking for info on Atlantic you have to start somewhere which then begs the question do you believe anything on the net ?

    Most on here suggest Wise .....for obvious reasons.
    I did have one delay issue with Wise (only once) and at that time a ph call to them got it sorted .

    Atlantic are probably not alone in looking for a bite of the money transfer pie by offering lower costs its a free market so they say..... bound to be plenty of others not just Atlantic some ok some not so .

  • hubr
    hubr Posts: 23 Forumite
    Part of the Furniture 10 Posts
     You may like to look at OFX who have been transferring money for 25+ years. They have over 50 regulatory approvals, they say, including FCS and NC within UK. So far, I've always found them prompt and competitive.
  • eskbanker
    eskbanker Posts: 41,010 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    hubr said:
     You may like to look at OFX who have been transferring money for 25+ years. They have over 50 regulatory approvals, they say, including FCS and NC within UK.
    What/who are NC?  Also 'FCS' - being regulated by the FCA is the bare minimum standard, for any financial business operating in the UK, rather than something to trumpet as some sort of selling point, and, more to the point, it doesn't imply FSCS coverage....
  • wmb194
    wmb194 Posts: 6,127 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    eskbanker said:
    hubr said:
     You may like to look at OFX who have been transferring money for 25+ years. They have over 50 regulatory approvals, they say, including FCS and NC within UK.
    What/who are NC?  Also 'FCS' - being regulated by the FCA is the bare minimum standard, for any financial business operating in the UK, rather than something to trumpet as some sort of selling point, and, more to the point, it doesn't imply FSCS coverage....
    It's the first time I've seen the NCA listed as a regulator. Who are you regulated by? "The police."

    https://www.ofx.com/en-gb/about-us/
     

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