Results 1 to 9 of 9

Thread: Sending money abroad

  1. #1
    Registered User Missy D's Avatar
    Join Date
    Feb 2004
    Location
    N3
    Posts
    3,712
    Thanks
    0
    Thanked 14 Times in 7 Posts

    Rep Power
    9

    Sending money abroad

    I was talking to a friend of mine this week who sends her mum money to Cuba each month and was shocked by how much it costs to send and receive. Just wondered if anyone knows a cheaper way of doing this other than by Western Union.


  2. #2
    Papa Smurf
    Join Date
    Jan 2002
    Location
    Planet Scathe
    Posts
    12,528
    Thanks
    163
    Thanked 573 Times in 379 Posts

    Blog Entries
    6
    Rep Power
    15

    Re: Sending money abroad

    i suppose it depends on the countries - but transfering money between european accounts to British (or vice versa) is simply a case of finding out the IBAN code, and paying a 20euro (14) fee for the transfer.

  3. #3
    Registered User Missy D's Avatar
    Join Date
    Feb 2004
    Location
    N3
    Posts
    3,712
    Thanks
    0
    Thanked 14 Times in 7 Posts

    Rep Power
    9

    Re: Sending money abroad

    I have 3 friends who regularly send money to South America and Israel and they only know of Western Union which seems to be a bit of a rip off to me.

  4. #4
    Registered User
    Join Date
    Nov 2005
    Location
    London
    Posts
    2,781
    Thanks
    157
    Thanked 233 Times in 123 Posts

    Rep Power
    8

    Re: Sending money abroad

    As DS says, international transfers are good, fees depends on your bank - I chose mine especially for that and it's 7 pounds.

    I wonder if using paypal would be cheaper ?

  5. #5
    Registered User
    Join Date
    Feb 2004
    Location
    Reading
    Posts
    1,105
    Thanks
    7
    Thanked 26 Times in 13 Posts

    Rep Power
    8

    Re: Sending money abroad

    Moneygram are the other big transmitter (they have a deal with the Post Office), but their fees mostly shadow Western Union. There are others out there but in a lot of cases they operation within the various ethnic communities and you have to somebody within the community.

  6. #6
    Registered User RedFox's Avatar
    Join Date
    Nov 2007
    Posts
    121
    Thanks
    3
    Thanked 2 Times in 1 Post

    Rep Power
    6

    Re: Sending money abroad

    Quote Originally Posted by Caro View Post
    I wonder if using paypal would be cheaper ?
    Certainly worth investigating....

  7. #7
    Registered User
    Join Date
    Oct 2003
    Location
    Southampton
    Posts
    6,709
    Thanks
    37
    Thanked 188 Times in 112 Posts

    Rep Power
    11

    Re: Sending money abroad

    Good grief.

    Find a bank that operates in both countries and set up one account. There'll be exchange rates to account for but otherwise...

    Bank transfers, Western Union and so forth are a) for one-off transfers and b) (for Western Union) anonymity.

  8. #8
    Papa Smurf
    Join Date
    Jan 2002
    Location
    Planet Scathe
    Posts
    12,528
    Thanks
    163
    Thanked 573 Times in 379 Posts

    Blog Entries
    6
    Rep Power
    15

    Re: Sending money abroad

    this seems to be a good place to start

  9. #9
    Lovely Moderator ducasi's Avatar
    Join Date
    Feb 2005
    Location
    Glasgow
    Posts
    10,015
    Thanks
    101
    Thanked 144 Times in 90 Posts

    Rep Power
    12

    Re: Sending money abroad

    Quote Originally Posted by Dreadful Scathe View Post
    this seems to be a good place to start
    Unsurprisingly, that web site doesn't seem to cover Cuba – getting money into Cuba within the terms of the US trade embargo is tricky. Many of the obvious easy options just won't work.

    This Google search should provide a few good leads though...
    Let your mind go and your body will follow. Steve Martin, LA Story

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Similar Threads

  1. Replies: 46
    Last Post: 1st-November-2007, 03:01 PM
  2. Sending emails
    By dee in forum Geeks' Corner
    Replies: 5
    Last Post: 11th-July-2007, 11:51 AM
  3. Dancing Abroad - How Is MJ Received?
    By Terpsichorea in forum Intermediate Corner
    Replies: 8
    Last Post: 4th-June-2007, 11:42 AM
  4. Is it sinful to make money from something you love?
    By Feelingpink in forum Chit Chat
    Replies: 14
    Last Post: 25th-January-2007, 11:09 AM
  5. Competition Prizes / money
    By Easter Bunny in forum Let's talk about dance
    Replies: 112
    Last Post: 30th-May-2004, 04:15 AM

Tags for this Thread

Bookmarks

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •