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Cheaper Money/Bank Transfers to Hong Kong? HELP!

This is a discussion on Cheaper Money/Bank Transfers to Hong Kong? HELP! within the The Roadside Hotel forums, part of the Members Area category; I am making regular business to business wire money transfers to Hong Kong but finding Western Union rates expensive. Does ...


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Old 26-09-2007, 20:34   #1
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Question Cheaper Money/Bank Transfers to Hong Kong? HELP!
I am making regular business to business wire money transfers to Hong Kong but finding Western Union rates expensive.

Does anybody have any recommendations please?

TIA
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Old 26-09-2007, 20:38   #2
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Re: Cheaper Money/Bank Transfers to Hong Kong? HELP!
Paypal? Citibank account in dollars or euros?
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Old 26-09-2007, 20:45   #3
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Re: Cheaper Money/Bank Transfers to Hong Kong? HELP!
Hi Quinten,
Payment in $USD. My supplier doesn't accept paypal because of the fees.

Whats Citibank?
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Old 26-09-2007, 20:55   #4
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Re: Cheaper Money/Bank Transfers to Hong Kong? HELP!
What about IBAN/Swift transfers?
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Old 26-09-2007, 21:09   #5
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Re: Cheaper Money/Bank Transfers to Hong Kong? HELP!
US Dollar Current Account - Personal Banking - Citibank
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Old 26-09-2007, 21:18   #6
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Re: Cheaper Money/Bank Transfers to Hong Kong? HELP!
Quote:
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That looks interesting. No fees for transfers between Citibank accounts, but not sure what fees will be if transfer is to non Citibank account.
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Old 26-09-2007, 21:24   #7
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Re: Cheaper Money/Bank Transfers to Hong Kong? HELP!
Quote:
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What about IBAN/Swift transfers?
Swift transfers through my bank account cost me £20 and its slower than WU unless I pay £35.
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Old 27-09-2007, 00:39   #8
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Re: Cheaper Money/Bank Transfers to Hong Kong? HELP!
We used these people for our money transfer to Canada HiFX Inc : Foreign currency exchange specialists

they do several methods, have a poke around the site...


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Old 27-09-2007, 07:19   #9
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Re: Cheaper Money/Bank Transfers to Hong Kong? HELP!
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We used these people for our money transfer to Canada HiFX Inc : Foreign currency exchange specialists

they do several methods, have a poke around the site...


Mark
Thanks will have a look.
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Old 27-09-2007, 12:32   #10
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Re: Cheaper Money/Bank Transfers to Hong Kong? HELP!
Hong Kong bank account?
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Old 27-09-2007, 21:24   #11
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Re: Cheaper Money/Bank Transfers to Hong Kong? HELP!
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Hong Kong bank account?
Hmm hadn't thought of that one, don't know if thats possible.

I would still have to transfer money into it so it might not be any cheaper.

Citibank seems the best option so far.
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