Sending cash from UK to US (bank transfer)
Sending cash from UK to US (bank transfer)
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The Riddler

Original Poster:

6,565 posts

226 months

Thursday 5th November 2009
quotequote all
Hi all, quick question.

A mate is buying some items from a guy in America through a forum, and wants to know how he can do a transfer, and what details he will need off the guy.. (IBAN code? Standard bank details?)

Papoo

3,975 posts

227 months

Thursday 5th November 2009
quotequote all
I send money from my UK HSBC account to my US Wells Fargo bank frequently online, it's simple enough. If it's like my online HSBC banking, he'll have to add the seller as a beneficiary, and fill in the following detais:

:scarpers off to HSBC 'send money overseas' page:

daaahh!! It's only available during UK hours, which is an arse for me in the US&A. IBAN is needed, as is some other beneficiary number, and account details. I'll post up the exact details once I log on tomorrow morning.

anonymous-user

83 months

Thursday 5th November 2009
quotequote all
I take it the other party won't take Paypal?

He can send the funds by Telegraphic Transfer, he will need as much detail as possible from the other party. Iban only works in Europe but he should ask for SWIFT, routing codes if possible. Usually a us bank will detail a summary of what info should be used on their website.

It will cost c£15+ depending on the urgency and he should ask for it to be sent in USD (rather than it being converted at the other end). Also be aware that the other party may incur charges he should factor for.

Paypal would be easiest if possible.

ErnestM

11,621 posts

296 months

Thursday 5th November 2009
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The Riddler

Original Poster:

6,565 posts

226 months

Thursday 5th November 2009
quotequote all
Thanks all. smile