I live in the Uk and a guy in the US owes me quite a bit of money. I can not use paypal as i have reached my transfer limit and to tell you the truth I hate the company.
I have looked into other posibilities such as money order, bank transfers etc but just need some advice or tips for the best way of doing this?
How would a wire/bank transfer work if he is sending dollas and i need pound sterling?
2006-08-27 11:29:23 · 9 answers · asked by Mr B 1 in Business & Finance ➔ Personal Finance
It should work out fine, if your bank is a normal legitimate bank. Call them anyway to ask, as there might be unwanted surcharges for exchanging the money.
2006-08-27 11:36:18 · answer #1 · answered by Zelda Hunter 7 · 0⤊ 0⤋
Bank transfer. The money will be transferred in dollars
and converted in the amount and at the time you wish.
The balance will be kept in dollars. Only make sure you
consult an International Bank with a good reputation.
You can go to, let us say, Bank of England only for a
consultation. They will tell you what you can or can‘t
do. Go the foreing exchange department and get
advice. Remember, you can also keep you money
in an off-shore account, let us say in Euros. It is up
to you. Whatever you do, there will be a fee which
is called a "spread" when you decide to go ahead.
Banks do not work for nothing!
2006-08-27 11:50:29 · answer #2 · answered by Ricky 6 · 0⤊ 0⤋
The guy in the US can pay you conveniently as follows:
Send you a $ personal cheque on any bank in US, having brances in UK, convenient for you to visit..
Alternatively,send you a bankers draft in UK£ from the above banks in US.
Alternatively, make a bank transfer of UK£ paid to your bank a/c in UK
Alternatively, by Western Union
Which method is cheapest will depend on the amount and countries involved, but you can ask.
An important matter is to agree with your friend in US, on who is to pay the bank charges. If you lent him UK£ here in UK, you can argue that you are entitled to receive the same amount net, here.
2006-08-27 12:53:53 · answer #3 · answered by Anonymous · 0⤊ 0⤋
I suggest that you use WESTERN UNION money transfer to receive money abroad. They have so many branches worldwide. I do hope I have helped you with my answer.
2016-03-17 03:25:30 · answer #4 · answered by Anonymous · 0⤊ 0⤋
I am from the USA and I work with individuals overseas. I would suggest you checkout Western Union. They deliver almost anywhere in the world.
http://www.westernunion.com
2006-08-27 11:35:25 · answer #5 · answered by Darrell T 1 · 0⤊ 0⤋
It can be hard to get a broad to give you money. Just try asking her nicely though.
2006-08-27 11:33:04 · answer #6 · answered by SpdRacer44 2 · 0⤊ 0⤋
Someone I know got an international "Visa" or "Mastercard".
This person applied funds toward the card in one country and then spent them in his/her homeland
2006-08-27 11:50:21 · answer #7 · answered by capollar 4 · 0⤊ 0⤋
they can send u a check in dollars. when u deposit it in your bank it will be converted into english currency. i have done this before.
2006-08-27 12:24:53 · answer #8 · answered by crophilia 5 · 0⤊ 0⤋
money from a broad?....buy her lots of drinks...
2006-08-27 12:28:37 · answer #9 · answered by Anonymous · 0⤊ 0⤋
paypal
2006-08-30 23:47:13 · answer #10 · answered by Anonymous · 0⤊ 0⤋