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money transfer question

Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
Quick question - if you have cash that you want to deposit directly into an online trading account or foreign bank then how can you do this? And where's the best place to get a good exchange rate if you want to swap it into a foreign currency? I know the banks are shit for this so what are the alternatives?

Comments

  • Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
    I used the bank to do my transfer, and I can't think of many alternatives...

    If you do the bank, you need the overseas bank account number and the SWIFT code for the other account. You then need to fill out a form with the name and address of the recipient's house and bank.

    It's a pain in the arse tbh, and I'd rather send a cheque now...
  • Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
    paypal is a quick and easy way to send to foreign freinds etc. but you can only transfer to others who have a paypal account.
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