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Sending money to UK

Looking for best exchange rate, minimum fee

bilal
post 29.Jun.2017, 10:04 AM
Post #1
Joined: 29.Jun.2017

Hello guys,
What's the best way to send money to UK? Where can I get the best exchange rate?
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BhuBhuKaZoo
post 29.Jun.2017, 02:19 PM
Post #2
Location: Uppsala
Joined: 29.Jun.2017

Hey!

So when I need to do it - I use transferwise or for larger amounts, Currencies Direct. I would suggest using transferwise as the fee (the exchange rate is normally similar) is extortinate through high street banks whether in the U.K. or Sweden.

Hope that helps!
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Essingen55
post 29.Jun.2017, 02:33 PM
Post #3
Joined: 12.Dec.2013

The rate from Swedish banks is far from extortionate...I would never trust UK bank to do a conversion though.
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BhuBhuKaZoo
post 29.Jun.2017, 02:46 PM
Post #4
Location: Uppsala
Joined: 29.Jun.2017

QUOTE (Essingen55 @ 29.Jun.2017, 03:33 PM) *
The rate from Swedish banks is far from extortionate...I would never trust UK bank to do a conversion though.



That's kind of what i meant. You usually have to pay a fee for the bank in the UK to receive the money. Transfer wise eliminates it...and it's super easy to use.
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Temp
post 29.Jun.2017, 05:13 PM
Post #5
Location: Stockholm
Joined: 14.Jun.2006

another vote from me for Transferwise, use it a lot myself, good rates, fast transfers, can't complain.
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bilal
post 30.Jun.2017, 09:50 AM
Post #6
Joined: 29.Jun.2017

Thanks everyone!
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Mib
post 30.Jun.2017, 11:26 AM
Post #7
Joined: 7.Jul.2006

Try Betalo app, where can see the rate that you will pay. I thought it was reasonable.

Check the costs of the receiving bank ie. NatWest charge £7 to receive £130, but it's cheaper to send £99 and then £31. Bizarre
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