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Sending money to the UK?

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  • 07-03-2014 1:42am
    #1
    quattro777
    Registered Users Posts: 418 ✭✭


    I need to send a large amount of money (£6000) to the UK. What is the best method?

    Bank draft?
    Online transfer?
    ?

    Thanks.


Comments

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    #2
    Trish56
    Registered Users Posts: 1,256 ✭✭✭Trish56


    Do you have online banking ? If so you just need SEPA details for the receiver - IBAN and BIC. You may only be able to transfer 5k per day.


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    #3
    dobsdave
    Closed Accounts Posts: 1,814 ✭✭✭dobsdave


    quattro777 wrote: »
    I need to send a large amount of money (£6000) to the UK. What is the best method?

    Bank draft?
    Online transfer?
    ?

    Thanks.

    Best method, as in quickest? easiest? cheapest?


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    #4
    quattro777
    Registered Users Posts: 418 ✭✭quattro777


    dobsdave wrote: »
    Best method, as in quickest? easiest? cheapest?

    A combination of easy and relatively cheap would be good.


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    #5
    Yggr of Asgard
    Registered Users Posts: 5,224 ✭✭✭Yggr of Asgard


    I would suggest you use a provider like transferwise.com, currencyfair.com or transfermate.com for this transaction as it's going to give you a better exchange rate than simple bank account transfer.

    Sure you have to fill out a form (and possible do KYC documentation), send the money to them and it will take a day (or so) extra but you can safe money on that one.


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    #6
    donegal.
    Registered Users Posts: 4,635 ✭✭✭donegal.


    I don't like how the elderly are treated by modern society.

    £6000 ? for that much surely you could build an extension/granny flat onto the back of your house?


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    #7
    quattro777
    Registered Users Posts: 418 ✭✭quattro777


    donegal. wrote: »
    I don't like how the elderly are treated by modern society.

    £6000 ? for that much surely you could build an extension/granny flat onto the back of your house?

    OOPS! Sorry Momey!


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    #8
    dobsdave
    Closed Accounts Posts: 1,814 ✭✭✭dobsdave


    quattro777 wrote: »
    A combination of easy and relatively cheap would be good.


    I use currencyfair.com every month, costs 3 gbp.
    Takes me two full working days.
    Send euro to them on start of day one, cash is in my uk account end of business day two.


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