Money Transfer

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Member since 11 March 2019

JodsyMember06 December 2019 18:02:57

Hi All,

What money transfer service do Brits use to transfer money back to the UK? Have a fairly large sum to send back and my bank give a very poor rate. The General Election is fast looming and I see that the pound is getting stronger by the day. With the possibility of a Brexit deal I can only see it getting stronger...

Thanks in advance..

XTang Bahrain/UAE/Saudi Arabia Expert

Member since 22 April 2014

XTangBahrain/UAE/Saudi Arabia Expert08 December 2019 06:31:16

11829

Bank rates will always be lower than the open market. To get as close to the open market as possible; the only option is to transfer via the exchanges e.g. UAE exchange etc and ask them for the best option i.e. express money or western union.

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