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-   -   $1.91 to the £1.00 The best way to transfer money (https://www.pprune.org/professional-pilot-training-includes-ground-studies/119482-1-91-1-00-best-way-transfer-money.html)

liverbird 18th Feb 2004 06:49

$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.

Crepello 18th Feb 2004 14:49

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.

:ok:


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