Best way to send dollars to China
Best way to send dollars to China
Author
Discussion

AnimalMother

Original Poster:

1,548 posts

256 months

Thursday 4th August 2016
quotequote all

Whats the cheapest way to convert £ into $ and send to swift code in China?


transferwise.com or just normal bank account?


I bank with Lloyds

AnimalMother

Original Poster:

1,548 posts

256 months

Thursday 4th August 2016
quotequote all


TransferWise charges as little as possible £ 13.10
TransferWise uses the real exchange rate £ 1 = $ 1.3177

looking at https://www.comparecurrency.com/money-transfer/?cu...


Transferwise is much cheaper


Noblebenn

302 posts

216 months

Thursday 4th August 2016
quotequote all
Chris Canning Argentex.

V8mate

45,899 posts

219 months

Thursday 4th August 2016
quotequote all
Does the OP work at the Chinese Embassy?

Noblebenn

302 posts

216 months

Thursday 4th August 2016
quotequote all
Chris just sent a good amount of GPB to a Euro account for me 10 mins before B of E rate change. No fee and got a rate of 1.196 at 11.50am so an awesome service. Funds cleared within 30 mins.

AnimalMother

Original Poster:

1,548 posts

256 months

Thursday 4th August 2016
quotequote all
Noblebenn said:
Chris just sent a good amount of GPB to a Euro account for me 10 mins before B of E rate change. No fee and got a rate of 1.196 at 11.50am so an awesome service. Funds cleared within 30 mins.
Nice!

This is initially only a few about £3k, will he do low amounts like that?

(Could have much larger amounts for him from one of my employers though)


Is he on here?

Noblebenn

302 posts

216 months

Thursday 4th August 2016
quotequote all
Yeah he is. Looks after a lot of Pistonheads members and Argentex is a large reputable company. He deals himself direct with every one of his customers so service is best I've received anywhere.

ChrisCanning_Argentex

19 posts

134 months

Friday 5th August 2016
quotequote all
Hi.

Yes, I am happy to help.

You will need more than a SWIFT code when sending funds to China. You will need an account number too, plus some address details if you are sending to certain areas of China. Feel free to send me a message on here or drop me an email at chris.canning[at]ag-fx.com and I can provide you with more details.

Unfortunately, the rate isn't great at the moment. You can thank "Brexit" and the Bank of England for that. However, I will make sure you get the best possible rate - there are no charges for making the transaction.

Chris.