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Efficient currency exchange and overseas transfer

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Elite Member
London England
Trading Experience: Beginner
Platform: Sierra chart
Favorite Futures: Oil
Posts: 15 since Jul 2014
Thanks: 9 given, 2 received

Hi zug7

Thanks for posting.

Yes I've heard of transfer wise. The problem isn't transferring the money into my broker in the US. I can do that easily and cheaply with moneycorp.

The problem is withdrawing usd from my us broker back to the uk (to an account that HAS to be under my name) and from there I can then use currency brokers such as money Corp for the better exchange rate.

Of course there is always the option of using AMP to convert the currency but there only going to give you the poor rates that banks offer.

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