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Re: OT:Best Way To Transfer Money From The US To A UK Bank?

Posted by Gunther Gloop on 01/20/07 14:22

Damon wrote:
> "Tricky Dicky" <tricky@nospam.clara.co.uk> wrote in
> news:1169289994.21425.0@iris.uk.clara.net:
>
>> Way off topic I know but I have never failed to get the best advice
>> here.
>>
>> A friend of mine moved to the States and wants to repay the money
>> lent to him (about 5K dollars).
>>
>> Anyone have any ideas on the most cost effective way to do this?
>>
>> Cheers
>>
>> Tricky
>
> Get him to write you a cheque, believe it or not, your bank will cash
> it.
>> o)
>
> I send cheques to NZ all the time for my account there, Cost me
> nothing here but in NZ it is about $3 to clear it
>

I heard a lot of horror stories recently about problems with Western
Union... people wiring the money and it being "taken out" at the other end
within minutes by A.N.Other.
There is no comeback from what I know, despite the fact that it's clear that
_their_ policy is not being followed in full re identification, etc.

I agree with Damon. If possible, he should write a cheque or get a bank
draft, then post that back (recorded).
Or if he had the bank account details of the person he was sending to, he
should be able to take these details to a local bank and transfer the money
directly into the UK account.
That would cost around $30 (+conversion-fee) I'd guess.

-Kevin.


--
Email replies to: news1@SPAMBEGONEkevinforde.com

 

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