Travel Stack Exchange is a question and answer site for road warriors and seasoned travelers. Join them; it only takes a minute:

Sign up
Here's how it works:
  1. Anybody can ask a question
  2. Anybody can answer
  3. The best answers are voted up and rise to the top

I have a friend who owes me ~600 GB pounds.

I have asked him to pay me in USD.

What is the cheapest way to transfer the money from the UK to Israel?

1) I have checked Paypal - 3.5% commissin for transfering to Paypal. Then 2% for exchanging to NIS. + commission for withdrawing and then enother (external) commission to change back to USD.

2) I have thought about sending cash in registered mail. But I'm afraid someone will scan it and steal it. Is it lligal anhow to send money (even in small amounts, say 150 USD) in registered mail?

3) We don't have any relative who travels between these two countries.

4) WU - too expensive (5% for deposite)

share|improve this question

closed as off-topic by HaLaBi, Vince, Marcel C., choster, Mark Mayo Jul 21 '13 at 4:58

  • This question does not appear to be about traveling within the scope defined in the help center.
If this question can be reworded to fit the rules in the help center, please edit the question.

This question appears to be off-topic because it is about personal money, ask it in Personal Finance & Money.SE – Heidel Ber Gensis Jul 20 '13 at 21:03
up vote 0 down vote accepted

You could use an online exchange like The setup takes a while but it's one of the best rates you can get. It is mainly made for people that need to transfer a large amount of money on a regular basis so it might be overkill for you.

share|improve this answer
any one-time online money transfer? – Elad Benda Jul 21 '13 at 7:01
does this include sending money or just exchanging it? – Elad Benda Jul 21 '13 at 7:02

Not the answer you're looking for? Browse other questions tagged or ask your own question.