$1.91 to the £1.00 The best way to transfer money
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Join Date: Aug 2001
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$1.91 to the £1.00 The best way to transfer money
Since the £ is strong against the $, could anyone give me some strong advice on buying large amounts off US $, with out being hit with large costs.
Shining Example, apparently...
Join Date: Jul 2001
Location: Lone Star State
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You might want to approach your bank over this.
International inter-account transfers generally get a better exchange rate than cash forex, at lower fees. Obviously, there's a catch - you need [access to] an account in each currency.
Most British majors offer USD accounts to UK residents. You won't earn interest and you'll pay charges, but they can be worth a look.
It's useful to do some research online - few retail bank staff specialise in this area. Visit your bank's homepage and head for the international section.
International inter-account transfers generally get a better exchange rate than cash forex, at lower fees. Obviously, there's a catch - you need [access to] an account in each currency.
Most British majors offer USD accounts to UK residents. You won't earn interest and you'll pay charges, but they can be worth a look.
It's useful to do some research online - few retail bank staff specialise in this area. Visit your bank's homepage and head for the international section.
