International Money Transfer

[crashi]

I need help in transferring money to the UK. My brother is starting a business in London and I want to lend him £150,000.00.
Im on STD Bank and FNB Internet banking but there are limited no. of banks availble to transfer to and no international ones.
Also what is the Reserve bank implications of transferring this amount and would it be any different being that we are both british citizens.

 

[Sensorei]

You can do a Moneygram transfer from your Standard bank but they do charge quite a bit. On that amount it would be over £1000 I'd think. A forex transfer would cost quite a bit as well because of the inflated price the bank sells £s at. I use these methods to pay overseas suppliers when I import stuff. I'd also like to know a cheaper way because even on R100,000 it seems a bit of a ripoff.