Sending Money to a Bank in England from Abroad

High st banks vs currency brokers

Thousands of expats living abroad require a cheap, easy and secure way to send money back to the UK. There are multiple reasons for this: you may be planning to come back for a visit to family or friends, sending money for an event/occasion or paying a bill, amongst hundreds of other reasons.

The problem that you could encounter when sending money is with fees. There are a number of fees which can be applied to your transaction including commission, handling charges, transfer fees and high exchange rates. The simple answer to save yourself money is to shop around for the best option, who offer cheap money transfers to the UK.

Banks, shops and agencies all offer money transfers but they all charge various different fees per transaction. Some will deduct commission, whereas others will apply a transfer fee. The best option for people sending money back to the UK from overseas is to use a foreign exchange broker, specialising in foreign exchange money transfers. They usually offer much better exchange rates when compared to the other methods, they don't charge commission and depending on how much you are sending, you have a good chance of receiving an offer of a zero fee transfer.

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Sending Money to a Bank in England from Abroad

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