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What is the best way to transfer money to HK

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guell
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What is the best way to transfer money to HK

Post by guell » Sat, 04 Apr 2009 3:54 pm

Dear all,


Any suggestion for the best way to transfer money from Singapore back to HK?


Thanks.

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QRM
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Post by QRM » Sat, 04 Apr 2009 5:41 pm

Suitcase?

Need to give a bit more clues, are you talking huge sums of under counter cash?

Do you have a bank account? does the people on the other end have the same bank account? etc.

Is speed the priority or cost?

Is exchange rate a concern ?

What currency ?

Does it need to be in a lump sum on can be transfered in smaller lumps?

guell
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Post by guell » Sat, 04 Apr 2009 6:14 pm

for example if I need to transfer S$1000 back to HK and both side has the account from the same bank and the lowerest handling charges?

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sierra2469alpha
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Post by sierra2469alpha » Sat, 04 Apr 2009 6:21 pm

HSBC Premier offer fee free transfers as long as you qualify.

For a $1000 as QRM suggests, a suitcase. Given you both use the same bank, have you thought of a cheque, a TT, or just an internet transfer?

guell
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Post by guell » Sat, 04 Apr 2009 10:05 pm

HSBC Premier offer fee free transfers as long as you qualify.

For a $1000 as QRM suggests, a suitcase. Given you both use the same bank, have you thought of a cheque, a TT, or just an internet transfer?
What is the qualification?

What about TT and internet transfer?

Which method has lower charges?

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