Buying in US dollars

[techno]

Hi

I am looking to buy a website but the transaction needs to take place in US dollars, what is the best way to achieve this???

(Sorry, n00bie in whole FOREX thingy )

TIA

[DaveB]

Do it by bank transfer. Just get them to supply their bank account details -account number abd sort code - and set up a payment from your bank. The currency conversion will be done automatically. You wont get the best exchange rate going but it is the easiest way.

[Platypus]

Hi

I am looking to buy a website but the transaction needs to take place in US dollars, what is the best way to achieve this???

TIA

Is the amount too large to use a credit card? I often use a ccard to but in USD and the rates are OK.

[pmeswani]

Hi

I am looking to buy a website but the transaction needs to take place in US dollars, what is the best way to achieve this???

(Sorry, n00bie in whole FOREX thingy )

TIA

Don't use Western Union or any of those high street money transfer companies. not worth it. Does the website allow you to make payment via paypal?

[techno]

Thanks for the answers.

Wouldn't using c/c or paypal just mean I am paying a cr@p rate and therefore will need more sterling to complete the transaction?

I need to get $11,000 so every bit of help on the rate will mean less £££'s

[TykeMerc]

Thanks for the answers.

Wouldn't using c/c or paypal just mean I am paying a cr@p rate and therefore will need more sterling to complete the transaction?

I need to get $11,000 so every bit of help on the rate will mean less £££'s

For that sort of quantity of cash you might be able to negotiate a rate from your bank, it's a bit on the low side for them to be commercially interested, but it's worth asking in my experience.

[pmeswani]

Thanks for the answers.

Wouldn't using c/c or paypal just mean I am paying a cr@p rate and therefore will need more sterling to complete the transaction?

I need to get $11,000 so every bit of help on the rate will mean less £££'s

I assume using www.ukforex.co.uk is out of the question? I just checked the live price and it is about £1 -> $1.76, give or take a fraction.

[jkoder]

I've used HIFX (forex co) before and they are reliable. You need to send a scan of your passport and a return a form by fax which is a pain though.