The easiest method for wiring money to England is through your bank.
Wiring money to England is convenient, cost effectve, and secure. Transferring money to England may require the money to be wired through several banks, however, which will add to the cost of the transfer. There are no restrictions for transferring money to England from the United States, and there is little paperwork at the bank. England is in the Greenwich Mean Time Zone/Western European Time Zone, so it is important to plan your time when you are wiring money to England.
Instructions
1. Determine the amount of money you want to wire. Keep in mind that there will be a fee to wire the money and there will be a fee on the other end to receive it. Typical international wiring fees are between $40 and $65. There is a limit of $50,000 per day for international wire transfers. Also, be aware of the exchange rate between the U.S. dollar and the British pound. Get current exchanges rates by using the calculator located in the Resources section.
2. Make a note of the recipient's name, bank account number, mailing address including the country and postal codes, the bank's routing number, and the amount of money you want to transfer. Reconfirm that your details are correct with the recipient. Write the information down to ensure that you have everything you need and to avoid any mistakes during the wire transfer process. Mistakes will delay the transfer.
3. Determine where you want to wire the money from. The easiest, and typically the cheapest, location is your bank. Your bank has all your account details and the wire can come directly from your checking or savings account. Banks typically charge their own customers a lower fee than noncustomers. If you do not have a bank account, any bank will conduct a wire transfer, but you have to pay in cash. You can also wire money through online financial and currency exchange websites, such as PayPal, Western Union, Xoom or OnlineFX. Larger banks also have online money wiring options.
4. Once you turn your paperwork over to the bank official, she will take care of the rest. The wire transfer should arrive within two business days. The funds will be immediately removed from your account.
5. Check with your recipient in two to three business days to ensure the money was transferred properly.
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