Send money to the UK from overseas

 

People working abroad on short contracts might be wondering what the best way to send money to the UK is.

While a bank-to-bank transfer could look like the simplest option, you may well lose out by moving money this way.

Banks tend to charge a per-transfer fee. So while they offer the convenience of sending money direct to your bank account in the UK, you will be charged unnecessarily for doing so.

 

People working abroad on short contracts might be wondering what the best way to send money to the UK is.

While a bank-to-bank transfer could look like the simplest option, you may well lose out by moving money this way.

Banks tend to charge a per-transfer fee. So while they offer the convenience of sending money direct to your bank account in the UK, you will be charged unnecessarily for doing so.

Using a foreign exchange broker avoids this problem. You will still be able to send money to a UK bank account directly, but the rate of sterling currency exchange is much more competitive than those on offer at the high street banks.

Furthermore, security need not be a worry since RationalFX is regulated by the Financial Services Authority and provides a secure way of sending money overseas.

Opening an online account today will let you see exactly how good the firm’s currency exchange rates are.