I am currently living in the UK after many years in the US. I want to safely transfer some money from my US bank (Ally bank) to my bank account in the UK. (Ally Bank doesn't do international transfers, so I need to find another way of doing this.)

I had a bad experience doing this with Transferwise last year (I lost $200) and don't want to take any risks this time. Any thoughts on safer ways of transferring the funds? Are there any services that have a good reputation with regard to safety of funds/ integrity? My priority with this transaction is safety with a bona fide company and would prefer to pay more for wiring fees if this means I will get a better service/ peace of mind.

  • 2
    Unfortunately, product & service recommendations are off-topic. Have you tried one of the Big Banks, like Chase?
    – RonJohn
    Feb 17, 2021 at 2:44
  • Can your UK bank accept deposit of your US bank check? May take some time to clear and incur a fee but it's probably a "safer" way. See money.stackexchange.com/questions/85867/… Feb 17, 2021 at 3:00
  • 2
    $200 sounds like it could be either a big or small deal relative to the overall sum and exchange rate. The safest way to do it might be the one with the worst fees or exchange rate. A lot depends on the amount at stake. Feb 17, 2021 at 9:24
  • 1
    What actually went wrong with Transferwise? Unexpected costs or did transferred money completely fail to arrive or be returned? Feb 17, 2021 at 15:27
  • it's incredibly unlikely you "lost" $200 at transferwise. if you don't like them, try ofx.com. those are the only two large-scale companies in that field.
    – Fattie
    Feb 17, 2021 at 16:31


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