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Best way/currency to send to Israel?

Hi all

I need to send a reasonable amount of money, currently in sterling, to a relative in Israel.

Due to the current travails of the pound is there any advantage converting it to a different currency e.g. $US and then converting it to the local currency when it gets there, or will that just mean 2 lots of conversion charges?

Any advice much appreciated

Thanks

Comments

  • socrates
    socrates Posts: 2,889 Forumite
    Hi all

    I need to send a reasonable amount of money, currently in sterling, to a relative in Israel.

    Due to the current travails of the pound is there any advantage converting it to a different currency e.g. $US and then converting it to the local currency when it gets there, or will that just mean 2 lots of conversion charges?

    Any advice much appreciated

    Thanks


    A quick trip to Stamford Hill - same day transfers or immediate for reasonable fees.
  • Reaper
    Reaper Posts: 7,356 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Certainly don't move it to an intermediate currency on the way. You would lose out.
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