Best Method of Making International Payments
Discussion
Hi All,
What do you suggest is the best method for making an international transfer.
I've got a small(ish) transfer to send to Hong Kong (In USD) but my bank, Barclays, has just given me a crap rate of exchange and suggested they would like to charge me £25 for the privilege.
They were unwilling to adjust the exchange rate or to waive the charge.
Anyone any better suggestion or shall I just bend over now...?
What do you suggest is the best method for making an international transfer.
I've got a small(ish) transfer to send to Hong Kong (In USD) but my bank, Barclays, has just given me a crap rate of exchange and suggested they would like to charge me £25 for the privilege.
They were unwilling to adjust the exchange rate or to waive the charge.
Anyone any better suggestion or shall I just bend over now...?
jammy_basturd said:
Another happy HiFX customer here. Don't expect your account to be set up within minutes though. Like any financial institution it takes a while to send in ID and have it verified, etc.
Mine was done instantly, confirmation of payment made within 5 minutes Decided to use HiFX instead of Transferwise simply because, despite a better exchange rate, I could not send USD to Hong Kong, could only send HKD - a teething issue I'm sure as I guess TW is quite new.
Thanks for the help!
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