Money transfer methods UK > US

Posted by: pca

Money transfer methods UK > US - 05/02/2006 23:55

Hi.

Can anyone suggest a safe, cost effective way of transferring approximately $800 US that isn't paypal? Western Union want about $60 to do it and offer a horrible exchange rate anyway, the UK post office wants nearly as much for a postal order and don't state the exchange rate. Bank to bank transfers, based on the last one I did, are also expensive. There must be some way of doing it that's a little cheaper.

pca
Posted by: mlord

Re: Money transfer methods UK > US - 05/02/2006 23:59

Mmm.. let me know (email) what you want done, and perhaps I can mediate or something. Is Paypal right out, or just not accepted at the US end?

Cheers
Posted by: g_attrill

Re: Money transfer methods UK > US - 06/02/2006 00:15

I have done bank transfers from Lloyds TSB for £6 using their "economy" method, it was supposed to take 5 days but actually took just 3. All the other decent ones I have tried (eg. energyflow.com) have disappeared now.

If you end up sending payments fairly regularly then you can open a dollar account in the IoM with Nationwide International. You can easily send funds to it by BACS although sending payments out usually need a fax or letter written. They can write dollar cheques for $15 and wire transfers are a flat $25 (I think).

Gareth
Posted by: robricc

Re: Money transfer methods UK > US - 06/02/2006 01:58

Is this a possible method from UK to US?
http://www.payko.com

Conveniently, the site is somewhat down at the moment, so I can't see what the order form looks like.
Posted by: pca

Re: Money transfer methods UK > US - 06/02/2006 03:32

They only seem to allow transfers up to a maximum of $200 or $300, depending on method.

pca
Posted by: TigerJimmy

Re: Money transfer methods UK > US - 06/02/2006 03:53

Look in to Firepay. Supposedly you need to be a citizen of North America, but I know people who have gotten around this. I can get a hold of a particular guy I know in Europe and ask him how he got his account, if you want.

Moneybookers.com might also be an option for you.
Posted by: gbeer

Re: Money transfer methods UK > US - 06/02/2006 04:07

You wouldn't be related to that guy in Nigerian would you!