The USA is one of the easiest places to send money to, with many choices available. While a lot of banks do offer transfers that are convenient, they are almost always the most expensive option. It’s worth looking at online providers, who offer a quick service for a lot less money.
The average cost of sending money to the USA in 2015 was 6%. But for those using online options, it can be a lot cheaper - sending an average of £100 from the UK can cost just 1% if you compare options beforehand. For higher values, it’s even less!
With the UK having the 6th largest number of American ex-pats, providers have made it very easy to send money to the US. Aside from money-laundering and fraud protection, there are no restrictions to transfer.
When sending money to USA, bank deposits are usually complete within 1-2 days. Cash pickups can be completed within as little as 1 hour. Mobile top-ups are instant.
Along with your own proof of ID, you will need the following: