Best place online to buy U.S Dollars from in UK ?

pisshead

Registered
I am wanting to send some cash to my relative in the USA, but I can see there are loads of places to buy currency from online, I think some supermarkets are even getting in on the action too these days, lol.

I just want to know the best places online for buying U.S Dollars in order to get the best exchange rates, there are so many places and some very different prices indeed.

Hope someone knows ?

Thank you.
 
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systemlord

TK Veteran
Can't you just use Pingit or a direct bank transfer? Surely it gets automatically converted upon receipt into a US bank account.
 

Speedygonzal

Registered
I just want to know the best places online for buying U.S Dollars in order to get the best exchange rates, there are so many places and some very different prices indeed.
The very best I can get is 0.3% on the live interbank mid rate*, and the exchange itself is fee free. It depends on how much and how often you want such a service, I suppose, as to whether it is worth your while - the above involves opening an account at the broker IG.

If it is a one-off and/or the amount is limited, you could do worse than trying currencyfair. They are well reviewed at e.g. trustpilot.

Cheers!

* you can get a reasonable idea of what it is at https://markets.ft.com/data or https://www.ig.com/uk/welcome-page
 

pisshead

Registered
Can't you just use Pingit or a direct bank transfer? Surely it gets automatically converted upon receipt into a US bank account.
Thanks mate but international bank transfers are a pain in the neck nowdays with a standard bank account, I already asked the bank and they advised me I am probably better using another source, some bank eh ? Azzoles !!
 

pisshead

Registered
Paypal Friends & Family.
only thing with doing it paypal style is they must make their profit with giving people an extremely poor exchange rate (as if the exchange rate isn't bad enough as things are because of brexit, lol), I have used paypal before to do so and that is why I know they defo give very bad exchange rates and that can only be to profit on pressing the computer button to electronically send the money as that is all they do same as banks etc too, press a button.

Hi m8 ,Try these next day delivery if want best rates travelfx. https://affiliate.travelfx.co.uk/PoundSterlingLive/58/index.php
Hi mate, have you used this place ? I am guessing yes but just wondering for security sake etc ?

Yes , I have used them twice this year and my son has used them once , Had no problems at all. I will be using them again later in the yr
 
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chedda87

Registered
Have a look at revolut mate, easy way to transfer people money and exchange at the best rate
 
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