Wire transfer from America

Upvote:1

I've used http://xe.com/ and https://www.moneycorp.com/uk/ to move money from the the US to Europe (family). My bank would do it as well, but these services are a lot cheaper.

Of course you need an account with them, but it's not a big deal: open the account, deposit the money, transfer the money, close the account or let it sit empty. It's similar to opening an account with an online retailer like amazon.com.

Upvote:2

I've personally used TransferWise. To send to and from the USA, seem to be pretty low rates and easy to use. You do not need to have the same bank as the sender or receiver. Was using PayPal at first but that's very expensive especially when sending a big amount.

Upvote:3

Where would the money come from, if you do not have an account with that bank? Are you trying to bring cash to a bank to turn in to a wire?

In any case, the answer is probably no. Banks are required to verify identity for international transfers as an anti-terrorism and anti-laundering practice. Nothing, as far as I know, stops you from opening an account in a bank, depositing the money, and sending a wire with it, provided you have suitable identification.

We might be of more help if we knew why you needed to do this, in case alternative methods of transfer are available. For small amounts, for example, you could use an International Postal Money Order.

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