Buying in US dollars

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jkoder replied

5 September 2008, 15:49
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.
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pmeswani replied

5 September 2008, 13:04
Originally posted by techno View Post

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.
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TykeMerc replied

5 September 2008, 12:41
Originally posted by techno View Post

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.
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techno replied

5 September 2008, 12:26
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
Leave a comment:
pmeswani replied

5 September 2008, 09:58
Originally posted by techno View Post

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?
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Platypus replied

5 September 2008, 09:30
Originally posted by techno View Post

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.
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DaveB replied

5 September 2008, 09:25
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.
Leave a comment:
techno started a topic Buying in US dollars

5 September 2008, 09:21
Buying in US dollars

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
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