Hello ,i need to transfer a rather large some of money to my brothers acc in another country,i would like to know what would be the most cost effective way to do this,i have contacted my bank but the exchange rate they are offering is very poor any comments much appreciated .Thanks.
hornblower
Established member
- Messages
- 884
- Likes
- 29
Mr C
You will come across all sorts of money laundering problems
when you try to do this
You will come across all sorts of money laundering problems
when you try to do this
Try www.worldfirst.com
they have always come through for me, very helpful , speedy & can get a fair rate
Jay
they have always come through for me, very helpful , speedy & can get a fair rate
Jay
Directional
Experienced member
- Messages
- 1,992
- Likes
- 251
http://www.trade2win.com/boards/showthread.php?t=18836
I do all my FX currency switches through Voltrex as per the above thread. Prices are 20 pips off the interbank rates and you can transfer to other ppls accounts also. Great service.
I do all my FX currency switches through Voltrex as per the above thread. Prices are 20 pips off the interbank rates and you can transfer to other ppls accounts also. Great service.
Not sure on this one.....all I can say is if it was a substantial amount of money & it was mine then I wouldnt want to take it in cash. if there is already a bank account for it to be transferred to then someone like these guys will make it pain & hassle free , & your money should remain safe.
Jay
Jay
Directional
Experienced member
- Messages
- 1,992
- Likes
- 251
many countries will have restrictions on the amount of cash you can legally "import" in your handluggage - in the interests of preventing organized crime, money laundering, terrorism etc.
Depends on the country obviously - which one is it? you can google the information up on any restrictions no doubt.
For example, Australia has a maximum cash limitation of AU$2000 - you could always chance it, but if you get caught the cash will be confiscated and you wont get it back.
Depends on the country obviously - which one is it? you can google the information up on any restrictions no doubt.
For example, Australia has a maximum cash limitation of AU$2000 - you could always chance it, but if you get caught the cash will be confiscated and you wont get it back.
