Transferring Money overseas

[BBSA]

I want so transfer some money overseas for investment purposes. FNB have an online facility but it is not really working. You can do the application online but you must still complete and send forms per snail mail to them.

Does anybody know of an easy online method to transfer money to London?

 

[SirFooK'nG]

paypal?

 

[BBSA]

paypal?

Sadly the institution I want to invest with does not accept PayPal or credit cards.

 

[guest2013-1]

You still have to snail mail them? That's sad.

PayPal. Don't "load" money first, that's just wasting cash on the fee's, link it to your cheque card and go from there. You can send around R15k if your limits are set higher for online transactions (even if its set at more than 15k, they limit 1 transaction to be 15k, so your daily limit would be 250k like mine, you can make as many 15k transactions online till you reach that limit)

Easier and you can tell the recipient to pay the transfer fee's on PayPal (to be evil) or share/cover the cost yourself

 

[guest2013-1]

Sadly the institution I want to invest with does not accept PayPal or credit cards.

In that case I think it's worth doing the online thing for now and scan the documents to them if they want it

 

[BBSA]

In that case I think it's worth doing the online thing for now and scan the documents to them if they want it

Yes, I did that but FNB want the originals before the process the order.