Every idiot in the world but for us Brits seems to be able to do cheap money transfers. The world is getting smaller and more Fools are having financial dealings abroad, but it can still easily cost £30 for us to make small transfers. Yet it doesn’t cost banks anything like this to complete the transfer. (Sound familiar?) Plus, banks often charge you for receiving money transfers, as well as sending them. Grotesque!
There are all sorts of ways to transfer money abroad. Here are five of them….