essjay
Registered user
Going across to the UK sometime in the next week or so to pay for and collect a bike.
I've used Transferwise before when buying AV kit but wondering is it an option for paying for the bike rather than carrying cash. Essentially you transfer the money into their EUR account from your bank account (takes 1-2 days). Then it's a same day transfer from their GBP account into the account of the person you paying for the vehicle (in the UK).
What I'm not sure is if I can line up the transfer and then authorise when I arrive in the UK (and have the funds arrive within a few hours or less).
Also it has favourable FX rates. Around €200 cheaper than going into a bank/post office here and getting cash.
Anyone done something like this before?
I've used Transferwise before when buying AV kit but wondering is it an option for paying for the bike rather than carrying cash. Essentially you transfer the money into their EUR account from your bank account (takes 1-2 days). Then it's a same day transfer from their GBP account into the account of the person you paying for the vehicle (in the UK).
What I'm not sure is if I can line up the transfer and then authorise when I arrive in the UK (and have the funds arrive within a few hours or less).
Also it has favourable FX rates. Around €200 cheaper than going into a bank/post office here and getting cash.
Anyone done something like this before?