Cheapest way to transfer to English account

sin0city

I need to transfer about £5,000 into a UK account.
Should I just go to the bank with the best rate or is there a cheaper way to do it?

Also, I need to transfer a few hundred pound into an Australian account.
So it'll be my euro to a pound value. How many Australian dollars is irrelevant.
Again, best way to do it?

Thanks in advance.

gustafo

https://www.currencyfair.com/ or https://transferwise.com/ is the way to go, a lot better exchange rate than what the banks will give you

The Nutty M

gustafo wrote: »

https://www.currencyfair.com/ or https://transferwise.com/ is the way to go, a lot better exchange rate than what the banks will give you

I'll +1 transferwise, tried it last week for the first time and worked seemlessly. Transferred gbp to euro and saved myself over €450 compared to an international transfer via my bank.

sin0city

Great stuff, I'll check it out.

sin0city

Thanks again for the transferwise recommendation. I used it the other day to transfer a few hundred pounds and saved about €25 compared to the banks. It's also quicked than the banks, only took about two days and you get an e-mail to confirm it's in the account.

Great service.