[LRUG] Receiving a one-off payment from the U.S.

[Pratik]

I've been using http://clearfx.com/ for receiving money from the US.
While it could take a while to set it up, they seem to be offering the
best exchange rates.

On 9 December 2011 16:25, Damon Allen Davison
<damon.davison+lrug at gmail.com> wrote:
> Quoth allolex:
>> More concretely, if someone sends money to from the US to the UK, they
>> might pay $25 (Bank of America) for an international transfer and then
>> your £9 fee (HSBC, IIRC) when it comes in; that's a total of about
>> £25. If they do it via Paypal, it costs 1% of the transaction, so if
>> the transaction is less than £2,500, Paypal is cheaper. YMMV.
>
> Someone's actually done the sums and also appears to get worse bank
> transfer rates than the ones I quoted.
>
> http://manfrommodesto.hubpages.com/hub/Bank-Transfers-or-PayPal-Money-Transfers-Which-is-Cheaper
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