send money abroad

[paolo]

bit of a quandry

i want to send some money from a uk bank account to a canadian bank account

what is the best/cost effective way of going about this?

are there any other ways of getting uk money across without incurring mental charges

[Zambo]

A relative did this recently and used gloabalwebpay (next day transfer), which I believe only charges a fixed amount for whatever the transfer value. Think they paid about £5

[paolo]

thanks, Zambo.
I guess the main issue is getting the exchange rate right, as it can make a significant difference. The fee from my bank is only £9, but it's that bloody exchange rate....and my worry about when to do it with the euro falling, oil falling etc, I have no idea how that relates to sterling vs CAD

[Zambo]

Just spoke to them exchange rate was 1.75 GBP/CAD. Not sure if that's good or bad.

[paolo]

it's the disparity that gets me...i was told 1.75 and 1.84 when going the other way...if they are selling currency to you...

i wonder if it's worth flying home nd getting gold coins in denomination...is that a tax laibility?

i am a bit green behind the gills on this malarkey

[The Ghost of Alex Higgins]

It's the bourgeois diaspora I feel sorry for

[paolo]

It's the bourgeois diaspora I feel sorry for

I still have a few pairs of dia Dora Borg elite and Seb Coe heroes

[chelseachelsea]

A suitcase usually does the job, plus a few bob to bribe a couple of nice men to let you through.

[The Ghost of Alex Higgins]

I USE A FERTILITY SNAKE