Best way to get money from USD to GBP
Best way to get money from USD to GBP
Author
Discussion

illmonkey

Original Poster:

19,814 posts

227 months

Friday 11th December 2020
quotequote all
I have a small amount (1,000's) of USD coming my way, whats the best way to get it into GBP, cheap! This is a one off.

Currently it seems Transferwise is the best with a $7.50 fee and FX of 0.75726, beats Revoult's £80 (or £25/monthly) fee and 0.756

Setup a transferwise account with US account, get it transferred to that then convert to GBP, withdraw...


geeman237

1,353 posts

214 months

Friday 11th December 2020
quotequote all
illmonkey said:
I have a small amount (1,000's) of USD coming my way, whats the best way to get it into GBP, cheap! This is a one off.

Currently it seems Transferwise is the best with a $7.50 fee and FX of 0.75726, beats Revoult's £80 (or £25/monthly) fee and 0.756

Setup a transferwise account with US account, get it transferred to that then convert to GBP, withdraw...
I'd say TransferWise. I've used it several times to send from my US$ account to my UK bank account. No problems.





Big_Dan

513 posts

281 months

Friday 11th December 2020
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Another vote for TransferWise

gregs656

12,353 posts

210 months

Friday 11th December 2020
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Transferwise for me too.

ReverendCounter

6,087 posts

205 months

Friday 11th December 2020
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Same, but I've also used HiFX, no idea if the fees in this case will be better than Transferwise.

mikeiow

8,150 posts

159 months

Friday 11th December 2020
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& another vote for Transferwise.....been using them for two or three years now

illmonkey

Original Poster:

19,814 posts

227 months

Friday 11th December 2020
quotequote all
Thanks chaps.

And not 1 referral code sent through! hehe

bigandclever

14,355 posts

267 months

Friday 11th December 2020
quotequote all
ReverendCounter said:
Same, but I've also used HiFX, no idea if the fees in this case will be better than Transferwise.
HiFX operate under the XE brand for a couple of years now. It’s who I use.

The Moose

23,676 posts

238 months

Sunday 13th December 2020
quotequote all
illmonkey said:
Thanks chaps.

And not 1 referral code sent through! hehe
If I must... hehe

You should get some love too I think

foiled

182 posts

99 months

Sunday 13th December 2020
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Wait until Borris announces a no deal Brexit, should get a much better conversion rate