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Best way to transfer money to the US

  • 21-02-2023 2:32am
    #1
    Registered Users, Registered Users 2 Posts: 11,004 ✭✭✭✭


    Looking to buy a house in America and getting a loan from my parents to help with the down payment. But we're not sure what the best way is to transfer a big amount of money (big for me anyway!). Is it better to use Revolut or Western Union, or a traditional bank transfer? Or is there another option I'm not thinking of?

    Any help is very much appreciated!!



Comments

  • Registered Users, Registered Users 2 Posts: 3,454 ✭✭✭NSAman


    Check out wise.com. One issue they only allow 20k a day transfer.

    also if using regular bank check the rates daily. See if you can buy dollars from foreign exchange floor/desk. Rates in banks are crap.

    timing can save you thousands on a large transfer.



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