Reply With QuoteI've used Transferwise a couple of times without issue and got good exc. rates. App is also user friendlyOriginally Posted by johnny778
I need to send c. £10k in USD to the US to pay for a real estate purchase. I've been looking and there seems to be a plethora of options. Any recommendations on the good and bad would be great.
I've used Transferwise a couple of times without issue and got good exc. rates. App is also user friendly
Transferwise
TransferWise works and gives a decent rate. Make a test payment first if it’s a large amount.
Check fees AND exchange rates...
You've surely looked into a wire.
In any case, look at fees (both ends) and the exchange rate, which can be close/far to "bank rates"
As a hack, it may ALSO be possible to credit someone's USD credit card, which -- AFAIK -- uses bank rates and no fees. £10k is a lot tho!
TransferWise was what I was thinking before the suggestions on here. They say you can send it from a credit or debit card. Does anyone know if the credit card company would hammer me for doing it that way? Using credit card would be a lot more convenient but I know when I've purchased foreign currency in the past on my credit card I've been hammered with extra charges.
No idea, but they have an excellent FAQ / article section which probably covers this.
Otherwise, another vote for TransferWise. I’ve sent money all over the world using this and saved a fortune.
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