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Transfering money abroad

Last post Thu, Dec 11 2008, 5:09 PM by maxsteam. 3 replies.
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  •  Wed, Dec 10 2008, 11:47 AM

    Transfering money abroad

    Hello,

    I am a Malaysian working in UK, I plan to buy a house abroad (Malaysia). What is the best way to transfer large amount of money abroad?

    Thank you

    • Post Points: 20
  •  Wed, Dec 10 2008, 7:10 PM

    Re: Transfering money abroad

    Personally I would be inclined to do it from one high street UK bank to a high street Malaysian bank with a telegraphic transfer. You can save a little by using a currency specialist but if it was my life savings I wouldn't deal with anyone who I'd not been happy to deal with previously.
    • Post Points: 20
  •  Wed, Dec 10 2008, 11:34 PM

    Re: Transfering money abroad

    Thank you Max for the advise.

    Is there any currency specialist that you would recommend me to use?

    Thank you

    • Post Points: 20
  •  Thu, Dec 11 2008, 5:09 PM

    Re: Transfering money abroad

    • Post Points: 5