transferring money abroad

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molly1664 Posts: 1 Newbie

2 October 2013 at 9:38PM in Credit file & ratings

Has anyone bought a property abroad and used an online currency exchange to convert and transfer the funds rather than a UK bank. These companies claim to save you large amounts of cash, I am worried that you may lose all your cash as it involves transferring your funds into their bank account and relying on them to transfer it on to your recipient.

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