Moving Your Money

[mmlz 6]

What's the best way to get the beneficiary's money from home country to USA? Anyone find a good way to exchange Euros for US Dollars without paying large fees? We'd prefer an electronic transfer of some sort if possible. We have no experience with this sort of thing and any advice would be greatly appreciated!

[karalynn1971 26]

What's the best way to get the beneficiary's money from home country to USA? Anyone find a good way to exchange Euros for US Dollars without paying large fees? We'd prefer an electronic transfer of some sort if possible. We have no experience with this sort of thing and any advice would be greatly appreciated!

We have done Western Union. Depending on how much, it costs about $15 to send money, and they convert it before paying you. So if money is coming to USA, it will be paid to you in US Dollars.

[Hank_ 9,174]

banks do wire transfers all the time, but there is a fee, well heck everyone charges a fee. Ask you banker.

[Grant PDX 183]

There is a service xoom.com They are a bit less than western union in my experience, assuming they transfer from Europe. My bank will do transfers FROM the US to some foreign countries very inexpensively ($3.50 per transaction) so you might try your bank.