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Archiver > GENBRIT > 1999-04 > 0923078873


From: David H Wild <>
Subject: Re: Funds Transfer
Date: Fri, 02 Apr 1999 19:47:53 +0100


In article <>,
Eve McLaughlin <> wrote:
> >> > What is the best way to transfer funds from a person in the US to
> >> > someone in the
> >> > UK?
> >>
> >> Buy some dollar notes, wrap them discreetly in paper, put them in the
> >> envelope...
> >>
> >And then wait for the reply advising that in small amounts they are as
> >much use as a chocolate teapot unless they're making a return journey or
> >there's enough to cover the bank's exchange fee.
>
> Tim was talking sense. The fee for notes is much smaller than for
> cheques, and there are always Bureaux de Change/travel agents, better
> rates than banks. You do have a risk, of course, in that anyone can do
> the changing..

Surely, though, the correct way is for the person in the US to buy sterling
notes, and send them, so taking all the cost. There is a risk, but for
small amounts it's worth taking. I have done this to send small amounts to
France - but I wouldn't use it for money I couldn't afford to replace.

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