If you think that sending money from the UK to the USA is daunting, then you are in for a big surprise. When you are in Britain while your family is in the US, or you have business in the US, it is now easy to send money without a glitch.
There are thousands of people who are in Britain who do just that, which is sending money to the US and they don’t find it difficult but rather simple and quick.
Send Money to the United States from Britain
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- Wise is a very good provider for overseas transfers. The transfers are easy, convenient and secure. The most important thing is that the transfers are also much cheaper than with the bank.
Send money very fast!
- Save up to 90% compared to banks. No hidden costs. Large selection of countries.
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- Azimo is a very competent partner for the international transfer. Azimo has a large selection of countries and the transfers are safe and cheap.
How long does it take to transfer money from Britain to the USA?
Sending money to the US from Britain using a money transfer company may differ in the duration of when your money will be received by your recipient. There are those received within 24 hours, 48 hours, or even within 5-days. However, there are also channel that you can use where your money is sent quickly, particularly if it is for an emergency. Your recipient can have their money within hours.
What is good about some money transfer companies is that they offer a zero transfer fee for a new client. Some have a minimal fee, or some give discounts depending on how much you are sending. While some offer the first three transfers for free, which is not bad considering how much you can save by taking such an offer. Of course, you need to check as well how much is the exchange rate cause you may have free transfers, and yet you are not getting the best deal with the exchange rates.
Some people trust banks more compared to using money transfer companies for their money transfer requirements. They are more at ease with using banks, particularly banks that have been in the business for a long time. Money transfer companies are trustworthy cause they handle your money with the same care, and fees are lesser as compared to banks.
Send money to the US with the Bank
Another reason most people use banks when sending money from Britain to the US is the presence of a local branch in the US. Most banks found in Britain often have another office or various branches in the US, so clients prefer a bank to bank transfer cause it is more convenient for them.
Sending money using banks has its perks, but it also has its downsides, such as slow transfer time, low exchange rate, and high transaction fees. However, if you are willing to ignore such drawbacks, using banks for your money transfer requirements is also one of the best ways to go. You can also track your transaction with the bank, and if there are any issues on the recipient’s side, they will also inform you about it.
Transfer money to the US with a money transfer provider
Using a money transfer company to send money to the US is fast and convenient. Money transfer companies are also now global which makes it easy for your recipient to pick up their money in numerous locations in the US. You can be sure that your money is secure, and you can even have live tracking when your money has been received.
Your recipient can receive their money within 24 hours, and some can even get it in less than a few hours. Money transfer companies also have their presence online, which is more beneficial to people who don’t like to go out and send money but instead would like to have the transaction all done online.
Since there are available local branches of banks or money remittance companies in the US, sending money from the UK is made possible, affordable, and convenient. All the clients have to do is go to the company that they trust more and which they think will handle their money better and send it faster. Again, banks and money remittance companies have their pros and cons. It will just depend on what your preferences are and your recipient as well.