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Michael ********
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Michael ********
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Michael ********
@John ******
we are opening bank accounts next month when we arrive. This has all been set up for us and arranged the day after we arrive.

We then need to transfer equal amounts to two bank accounts for us to buy our Condo.

Looking at the rates, Wise looks the best option compared to using my high street bank.
Michael ********
@Ian *******
yes, I have just done a comparison check and Wise is coming up as the best option.

For example: A £35,000 transfer would cost me about £206 using Wise. With my own bank nearly double that amount.

So with two transfers for myself and my wife it would cost me £412 compared to £1100 using my high street bank.
Michael ********
@James ******
think it will better then exchanging the rate in the UK first before sending the amount over.
Michael ********
I currently live in the UK but will we will do a International Bank Transfer when we buy our Condo next month, costing £20 for the transfer.
Michael ********
@Fernando ***********
Thank you for that information. We are coming across from the UK next month and a friend of mine who is helping us out to open a bank account confirms what you have said. We will be using the same immigration office.