International Wire Money Transfer

[els 0]

The banks over here charge a load to transfer money back to UK. The best I found was $30 with HSBC. Anyone know any cheaper rates at any other banks? The average seems to be about $45!

Cheers guys,

Els

[Jasman0717 9]

I used to send money ($300 a month) to Claudeth via Western Union and they would charge me about $20 but also got me on the conversion rate at about $2 per hundred

[Jahan&Veena 4]

Try HIFX

They seem to be really good and I intend to use them to transfer my funds.

Jahan&Chris.

[Crazy_Brit 0]

HIFX are only if you sending large amounts of money I cant remember the exact amount.

Crazy Brit

[ladybutterfly 0]

I would set up a paypal account for both yourself and the person you are wanting to send money to. Its free to set up the account and you can then add your bank account to it so that the money can be transfered from the paypal to your bank. www.paypal.com

[Jasman0717 9]

I would set up a paypal account for both yourself and the person you are wanting to send money to. Its free to set up the account and you can then add your bank account to it so that the money can be transfered from the paypal to your bank. www.paypal.com

Paypal seems to be an excellent choice, I have read a lot of posts where people are using it and are very pleased with it.

[Yorkie 0]

Paypal charges are high. I am just going to wire transfer from my current account to her checking account. Minimal charges and fair exchange rates.

[Widge 0]

I use Xoom.com cheapest I have found and I have no problems whatsoever

[Miranda&James 8]

I use Xoom.com cheapest I have found and I have no problems whatsoever

I signed up and got this message when I tried to send money:

Xoom money transfer service to The United States is not currently available.

Enter your email address below if you want us to send you a note when service to The United States becomes available.

~James

[Jaylen Brit 0]

I belive XE.com also provide a wiring service (I know i use their caluclator thingy for working out how much in $ prices £ things are, lol)

[annelizabeth 1]

I just did a transfer over the phone. Called my bank(Girobank-Alliance and leicester) from here in the US. Was asked a couple of questions and that was it! Should have the funds here by wednesday. Cost me 30 pounds and a lousy exchange rate!! LOL

[Satellite 1]

How about opening up a checking account in the US putting a small amount on it, and mailing or giving in person the debit card? Depending on your bank you will pay a minimal transaction cost per ATM withdrawal. This works well to sustain a person who is abroad. But works poorly for sending huge amounts.

[Patricia_and_andy 0]

How about opening up a checking account in the US putting a small amount on it, and mailing or giving in person the debit card? Depending on your bank you will pay a minimal transaction cost per ATM withdrawal. This works well to sustain a person who is abroad. But works poorly for sending huge amounts.

We do this very thing to pay Andy's child support. We have been using it for the last month and it works great! Make sure you tell the bank what you are doing so there are no security stops on the international transactions!

Patricia

[JayJay 4]

I've used Western Union - not THAT much actually...

And as for the PayPal thing...here...you're talking to the PayPal "woman" now - clever thing to do is this:

Get one PayPal account set up as a business or premier acocunt (premier is fine). That means you can upload or transfer funds in the normal way, and also accept credit card payments. Now what you do NOT want to do when transferring internationally is send funds straight from one card, throguh a PayPal account, to another account - this would put a charge on the receiving account, because that would be receiving money from a credit card..so here's how to avoid that:

Create your original account. Verify it (see PayPal website). Make it premier if you like...

Create the receiving account. Verify it. DO NOT make it premier - no need. You can only accept payments directly from money uploaded into someone else's PayPal account this way - no charges to accept that, at all.

UPLOAD money from your card or bank account into the original PayPal account. Say $100. Hey presto, it appears a few days later. Then, transfer the uploaded funds available on your original acct across to acct # 2, no charges at all.

Download the money into the acct # 2 bank account, and that doesn't cost any money either.

Hey presto - LOW fees, if any

Email me if that makes NO sense whatsoever :D

Edited March 19, 2006 by JayJay

[yogib37 3]

I use XOOM.com. It is like $3.50 per transaction..

look them up

Yogi