We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Best way/currency to send to Israel?
Mortgage_&_debt_free
Posts: 316 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
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
0
Comments
-
Mortgage_&_debt_free wrote: »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.0 -
Certainly don't move it to an intermediate currency on the way. You would lose out.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.3K Banking & Borrowing
- 253.7K Reduce Debt & Boost Income
- 454.4K Spending & Discounts
- 245.3K Work, Benefits & Business
- 601.1K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards
