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Topic: Paying US credit cards when in the UK  (Read 3187 times)

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Re: Paying US credit cards when in the UK
« Reply #15 on: July 29, 2009, 05:01:56 PM »
There was a recent thread on handling US mortgage payments while in the UK:  http://talk.uk-yankee.com/index.php?topic=55445.msg790593#msg790593


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Re: Paying US credit cards when in the UK
« Reply #16 on: July 29, 2009, 05:33:19 PM »
Thank you so much mentioning the Paypal. I never thought about this.
My dilema is how I am going to transfer money for my mortgage here in Canada. I called a couple banks and they charge up to $30 CND for each transaction.
Is anyone here have a mortgage back in North America, if yes how do you handle payments while living in UK?

Paypal can be one of the more expensive options.  They just hide their fees better.  Many people here are using XE.com's service.  In addition to the mortgage thread, there is also a paying student loans thread.

Another thing to think about is variable fees or fixed fees.  Depending on how much money is being transfered, that $30 may be cheaper if the amount is large enough.  It would have to be a pretty large amount though


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Re: Paying US credit cards when in the UK
« Reply #17 on: July 29, 2009, 05:39:00 PM »
I like XE a lot.  That's how I'm doing it.  One poster here took out a small personal loan to do everything in one fell swoop, which is appealing to me, but I worry about incurring more debt to pay debt.  If that makes sense?  I don't think it's a bad idea, I just feel like I might as well just pay them off the way I am now before getting into the whole UK loan idea.


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Re: Paying US credit cards when in the UK
« Reply #18 on: August 27, 2009, 03:08:19 AM »
It seems to me that xe.com vs. wire transfers between banks depends on a combination of factors: how much money is being transferred; exchange rate; how often you move money; and fees.

Is there a clever spreadsheet out there that allows one to play with these numbers?

I'm terrible at this stuff.
September 2009: Tier 1 visa
April 2011: Married
March 2012: FLR(M)
February 2012: SET(M) application submitted


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