United Kingdom Policy On Transering Large Amount Money To The USA?
154065
DON'T DO IT IT'S A SCAM!!!!!!!!
76562
no\nwhy would you be able to do that?\nits not like people need to send money across the world or anything.\nyou can seriously do that at 7-11 now.
673505
The best and safest way to bring a large sum of money into the country legally is by wire transfer, bank to bank. Wire transfer itself constitutes the declaration. However, for tax purposes and to avoid investigations to detect money laundering, you should have the proof of liquidating the properties in the country from where the money is held.
1083609
Cool I'm planing on go to London in about a month an a half... God the US Dollar Sucks...!
316061
The US dollar is backed by the US Government, (not great but it works). The US government, thankfully, is back by its taxing power over the American people (which is VERY good). I don't think you'll have much to worry about. But I won't keep cash laying around not collect interest or working for you. Inflation is what will really eat away your money.
751731
Yes, any bank will do this when supported with the correct identification.  You may have to pay a surcharge however as you will be converting Sterling to Euros.
789422
I am in China and most of the previous answers do not take into account the local laws. If she got this money as a salary earned legally in China, she can ask for her accountant to help to fill the necessary forms in order to get the RMB exchanged to Pounds first, then she will be able to transfer it.\nOtherwise, she will need to have the RMB changed to foreign currency in the black market before being able to transfer it to the UK.\nFinally, if she travels to Hong Kong or other south asian countries, she can make an ATM withrawal in local currency (for instance Hong Kong dollars), who can then be converted in Pounds. But charges applies and you are limited in the amount you can withdraw each time and daily.\nI believe sure it will be possible to withdraw directly in the UK using Chinese issued ATM cards, but the same limits and costs for Hong Kong applies.\nHope it helps.\nPatrick\nwww.sinotrip.biz
948875
Your bank will do it slowly\nA currency exchange will do it (at the airport)\nWestern Union will probably issue you an international money order
125306
Most banks in other than very rural areas are able to do this, but it may take them some time, if they don't do it regularly.  It may depend on which currency is being exchanged, too.
290004
Trading in the currency of other countries.
944369
Western Union is one of  the oldest and largest money transfer networks worldwide. It is one the safest way to receive money since it is not possible to reverse the transaction, especially if the amount is received in cash. More details available at \nhttp://www.money-transfer.in/westernunionmoneytransfer.html\nYou can try.
648566
Except for a few states, such as West Virginia, there is no regulation of the FOREX spot market in United States.  The reason is that money is a commodity.  You could go to a coin dealer and buy 1 Euro for $10, $0.80, or $1.33 or any price you could agree upon.  You could also do this with a friend or anyone else.  Since the FOREX sites are captive sites, you are actually only trading with the FOREX site as a dealer of money.  They can use the real spot rates, but if they are losing money on a position, they can simply substitute their own prices.  There is no law that says they cannot because they cannot compel you to trade with them.  Of course, if you are on margin with them, that could mean they could force a margin call and force you to liquidate at adverse prices.  You need to physically go to the United Kingdom or be present in the handful of domestic locations that regulate the practice and engage in your operations within the physical presence of that jurisdiction.  Otherwise, while they might be "legit," in the legal sense, they do not need to act in a manner which an independent observer would consider fair.  What is money worth, or better what is foreign money worth?  The answer is what a willing buyer will bear.  If the only willing buyer is the FOREX firm, then you are in a world of hurt.\n\nOnly those with very very very large portfolios can trade with money center institutions.  It is important to understand that money trades occur where $1 million is the equivalent of to the average person of a penny.\n\nA better bet is to trade foreign short term debt on a regular brokerage firm.  Not only do you get the foreign exposure, but you get a little interest on the money.
913520
This is not difficult people...tell him to go to his local bank: CIBC, Royal, TD Trust, Bank of Montreal, or Scotiabank -- one of the big 5. They ALL deal in US dollars -- both cash exchange and maintaining US dollar accounts.\n\nThis is so straight forward. And...there shouldn't be a charge to change cash from Cdn. to US -- there are charges to cash a US dollar cheque, for example -- but cash is cash. Now...if he were dealing with Euros or something, there might be a charge as banks do not carry that on hand in the branch. But each branch has a stash of US cash in their vaults.\n\nDepending on the amount of money we're talking here, he may want to buy US dollar travellers cheques. At least if they're lost or stolen, they're replaceable. Cash of course is not. He can also use his Canadian-issued Visa or MasterCard in the US if he's old enuf to have one...
570222
I don't think England would be wise to give up the monetary system they currently have. Joining the Euro system would be the same as using the American dollar. You would be assimilated, with no identity then. I am an American, and I don't like the fascism going on with the Republicans, and the current Bush Administration. Americans wont go along with it for to long without a revolt, and I see that happening really soon.
693251
That's about right. Can't transfer it cheaper than 40 or 50 bucks. Even that's pretty cheap and if you use a thru bank, you'll incur costs so the final cost will be a little higher.
434577
The government can seize money.  Western Union would usually hold the money upon the request of legal authorities.
72738
The easiest and cheapest way to send money to the UK is by electronic transfer of funds into your account from a bank abroad. To do this, the bank abroad will need:\n\n    * Your bank's name and full address\n    * Your name as on your bank account\n    * Your bank account number (usually 8 figures)\n    * The bank's 6-figure sort code \n\nMoney can also be transferred using a banker's draft. This is a document drawn up by the bank in your home country and sent to you by post. You present the banker's draft to your bank in the UK. If someone transfers money to your account they should keep a copy of the paperwork, in case of problems.\n\nYou can also receive money by email if you have a Paypal account, and then transfer the funds to your UK bank account in five working days. There is a charge for transferring money into and out of your Paypal account.