[mandyhoov]

Hi there!

Moving from Seattle to the UK and hoping to find a good bank. BUT, how do we transfer our savings from country to country without incurring a bunch of fees? We have about $30,000 USD we want to move from the US to the UK...

any advice appreciated. and also any suggestions for a good bank that doesn't have a lot of hidden/monthly fees!

thanks so much!

 

[Bevdeforges]

To transfer a sum like $30,000 between countries, you're going to incur some sort of fees. First thing to do will be to get a UK bank account set up - and then I think some of the folks here have some recommendations about funds transfer companies with somewhat reduced fees.
Cheers,
Bev

 

[mandyhoov]

To transfer a sum like $30,000 between countries, you're going to incur some sort of fees. First thing to do will be to get a UK bank account set up - and then I think some of the folks here have some recommendations about funds transfer companies with somewhat reduced fees.
Cheers,
Bev

Thanks so much!

 

[ClaytonP]

Hi Mandyhoov,

Bev is right, here's a good page for getting your head around how to transfer money to the UK:

WORKgateways - UK Money Transfer

In general, I would recommend doing it online: cheaper and more convenient.

Good Luck!