Transferring money USA to UK.

Transferring money USA to UK.

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v15ben

Original Poster:

15,797 posts

242 months

Thursday 19th March 2015
quotequote all
Looking to move money from the USA to the UK.
Around 12k GBP from my wife's US bank account to her newly opened UK account. It's a one off transfer rather than a regular thing.
Just wondering what people's experiences and recommendations are in trans-Atlantic transfers?
Looking at all options and it seems a currency broker is better value than direct transfers between banks. Is this accurate?

v15ben

Original Poster:

15,797 posts

242 months

Friday 20th March 2015
quotequote all
Thanks for all the advice folks.
Signed up to Transferwise now.
I presume that the exchange rate is better through TW than it would be through a US credit union?

v15ben

Original Poster:

15,797 posts

242 months

Wednesday 25th March 2015
quotequote all
Ended up using World First and their service was fantastic.
Money now safely in a UK savings account. smile