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Thread: Best way to send money from USA to UK

  1. #1
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    Default Best way to send money from USA to UK

    Does anyone know by any chance what's the best way to send money from the USA to the UK?

    I have gone 3 ways to send money in the past.

    Western Union - Send $95 + $15 fee = $110... Receiver gets 56.04GPB instantly

    Moneygram - Send $95 + $10 fee = $105.... Receiver gets 57.77GBP instantly

    Xoom - Send $95 + $5 fee = $100.... Receiver gets 57.80GBP 3 days processing


    I have gone to my First Federal Bank, but they charge a minimum fee of $25, so that's out the window.

    With xmas round the corner, I'm trying to find out the best possible deal to send money for the kids. I'd appreciate if anyone knows what the best way to send money.

    Thanks
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  2. #2
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    Cut out the middle man i.e. the recipient, and just send it straight to David Osborne c/o 11 Downing Street. He will end up with it all anyway
    dz4d.com
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  3. #3
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    Quote Originally Posted by Anfield View Post
    Cut out the middle man i.e. the recipient, and just send it straight to David Osborne c/o 11 Downing Street. He will end up with it all anyway
    Oh you are a cynic Anfield

    'Let there be Peace'


  4. #4
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    Default

    This might work. Open an account with a US branch of a UK bank.

    You may then be able to transfer funds for free.

  5. #5
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    If you both have a paypal account its easy.
    Some people are like Slinkies. They're really good for nothing. But they still bring a smile to your face when you push them down a flight of stairs.

  6. #6
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    Quote Originally Posted by ducati View Post
    This might work. Open an account with a US branch of a UK bank.

    You may then be able to transfer funds for free.
    They are very few and far between where I am ducati. I have got incontact with a few banks, and so far, they charge a minimum fee of $25.
    Beer is proof that God loves us and wants us to be happy.

  7. #7
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    Quote Originally Posted by changilass View Post
    If you both have a paypal account its easy.
    That very well could be an option.
    Beer is proof that God loves us and wants us to be happy.

  8. #8
    Join Date
    Sep 2008
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    Latheron, Caithness
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    Don't forget that pay pal take their cut!
    Snowmen fall from the sky unassembled!

  9. #9

    Default

    Have you thought about buying gifts on a UK site and having them delivered? Some sites will even wrap them for you.



  10. #10
    Join Date
    Feb 2003
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    3,462

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    Quote Originally Posted by Beat Bug View Post
    Don't forget that pay pal take their cut!
    From the Paypal website:-

    "What are the fees for receiving money?

    * Receiving a personal payment (e.g. a gift from family) is free if the sender uses their PayPal balance or their bank as the payment method. If they use a credit or debit card there will be a small fee. The sender can decide to pay this or pass it on to you."

    and also:-

    "Payments using PayPal balance, credit or debit cards and Instant Bank Transfer methods will be credited to the recipient instantly."

  11. #11

    Default

    paypal or direct IBANS internet banking transfer

    all you need is the IBANS number of the bank AC you want to send it to.


    dx

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