£'s to $'s

[weedebz 0]

Just looking for info from experienced money transfer-ers. Good and bad...who to use and not to use. I'm looking to transter sums of between £2k and £6k at various times.

many thanks in advance.

[Dan J 277]

Just looking for info from experienced money transfer-ers. Good and bad...who to use and not to use. I'm looking to transter sums of between £2k and £6k at various times.

many thanks in advance.

For that size, you probably want to consider bank to bank wire transfers.

[elmcitymaven 9,712]

Used Interchange FX -- https://www.interchangefx.co.uk/ -- and was very happy. Their service was really personal and helpful. Wire transfer would have cost a LOT more and would have been at worse rates than what I got through them.

Edited December 21, 2007 by elmcitymaven

[weedebz 0]

thanks elmcity...I checked them out earlier and they looked quite good. Always good to get good feedback though before you trust someone with your hard earnts!

[mustang-sally 8]

I'm looking at transfering between £35k and £40k in the next few months. Will Interchangefx be my best option too? I assume this is much cheaper than doing a wire transfer through the bank.

Thanks, Maggie

Edited December 21, 2007 by mustang-sally

[IanS 0]

I am also looking to transfer about 90,000 pounds to my wife's account in America and am wondering which place would be the best to go through. Also, since this is about 180,000 dollars, will se be taxed on this? And will it look bad for my interview that I transferred this huge amount of money to her account (like I paid her to marry me or something)?

[helwardman 1]

I used InterchangeFX to transfer approx £85,000 GBP into my wife's dollar account in two separate transactions. Interchange were excellent, give very good rates and everything went through with no hitches or problems of any kind.

I would definitely use them again.

[minnietheminx 0]

From all the money transfer/exchange companies Ive seen, www.xe.com generally give the best exchange rate and have really good feedback. I've set up an account with them (though haven't used them yet since I'm still in the UK) and have friends who have made numerous transfers (small and large amounts of ££££s).......each of my friends speak highly of their service. I for sure will be transferring my money with them when I make the move once my visa is approved.

[weedebz 0]

From all the money transfer/exchange companies Ive seen, www.xe.com generally give the best exchange rate and have really good feedback. I've set up an account with them (though haven't used them yet since I'm still in the UK) and have friends who have made numerous transfers (small and large amounts of ££££s).......each of my friends speak highly of their service. I for sure will be transferring my money with them when I make the move once my visa is approved.

thanks everyone so far! Always good to hear from others. Don't know where I'd be without VJ

[ddkm 0]

I use interchange for larger amounts, but CitiBank for smaller amounts cuz they dont charge and give the best rates

[broma25 2]

How does transferring money by paypal work. I would like to transfer some and would like to send it to my BIL paypal from mine then he can bank deposit it.

Any help on this would be appreciated!

[ddkm 0]

Paypal absolutley kill you when transferring money with their charges!

Set up an account with Interchange, CitiBank, EX or any of the others that are mentioned and you wont regret it!

[broma25 2]

Had anyone used or heard of these, they say its only $4.99

www.xoom.com

[thejoz 0]

When Amy is ready to move here, she'll have about 3,500 GBP saved up, translates to a little over $7,000 USD.

Would the best course of action be for her to transfer this money electronically before she gets here via this service?

Could she do it to my own account that I have now, and then I could transfer that money to her after we get married and she sets up her own account? Cause she obviously wouldn't have her own US bank account till after that.

[minnietheminx 0]

"When Amy is ready to move here, she'll have about 3,500 GBP saved up, translates to a little over $7,000 USD.

Would the best course of action be for her to transfer this money electronically before she gets here via this service?

Could she do it to my own account that I have now, and then I could transfer that money to her after we get married and she sets up her own account? Cause she obviously wouldn't have her own US bank account till after that."

She could do that. Alternatively she could set up an account with XE (or other exchange company) and then transfer the money over after shes moved over and opened up her own US bank account. This is exactly what I'm going to do as its advisable to leave one bank account open in your home country (its a good way for family to transfer money to you).