Money transfer

[Gin_12]

SO wants to send money to me at minimal cost to both of us. We usually go via paypal but since I have a limit of $500 per month, it will be past our time frame to get all the funds.

What in your experience is the best way to send more than $500 from EU to US?

Thank You for your help!

[Hollandia]

SO wants to send money to me at minimal cost to both of us. We usually go via paypal but since I have a limit of $500 per month, it will be past our time frame to get all the funds.

What in your experience is the best way to send more than $500 from EU to US?

Thank You for your help!

Did he check with his bank? My BF said his bank could send it directly to my bank account.

[squeeker]

I always use paypal. What's the urgency on the funds? Could you do it in smaller amounts over a larger period of time? I'm sorry I can't offer other advice since I don't know.

[digitalfever]

All you need to do is contact your bank and get your banking information and he can go to his bank and send it to you via a transfer.

[Captivated]

Tell your SO to go to his bank to initiate a wire transfer in to your account.

[nicole]

Can you get the limits taken off your paypal account? I swear I just clicked "remove limits" on mine and I can send as much as a want.

[Gin_12]

Thank You everyone,
I called my bank and on standard accounts, there would have been a fee for the wire transfer, however I also have a money market account (?) which allows me to get one free wire transfer per statement period. They gave me the routing number, a swift number and an address. SO just needs to give those to his bank and I'm good to go. I wanted to share this so others who wonder (like I did) may know as well.
Again, I appreciate you!

[Gin_12]

Can you get the limits taken off your paypal account? I swear I just clicked "remove limits" on mine and I can send as much as a want.

You know, nicole, I'm going to try that and see what happens...

[Gin_12]

I always use paypal. What's the urgency on the funds? Could you do it in smaller amounts over a larger period of time? I'm sorry I can't offer other advice since I don't know.

Squeeker, my Visa appointment is coming up and I was required to show proof of sufficient funds. The guarantee SO sent me is not enough. Therefore we are putting more money in my savings.

[Ejoriah]

My mother sends me money through a wire transfer from her bank account to my bank account, and while there is a fee it's fairly small compared to the amount sent... In my case it's more advantageous to send the money in one big lump as the fee is a standard fee regardless of the amount being sent. Best check with your bank and see what kind of fees they charge...