To send international money transfers to USA, you will need a foreign exchange broker for dollars transfer. Please see following live interbank exchange rates for USA money transfers:
|Canada to USA||1 CAD = 0.736 USD||Money transfer to USA from Canada|
|UK to USA||1 GBP = 1.262 USD||Money transfer to USA from UK|
|Australia to USA||1 AUD = 0.696 USD||Money transfer to USA from Australia|
|France to USA||1 EUR = 1.129 USD||Money transfer to USA from France|
|Italy to USA||1 EUR = 1.129 USD||Money transfer to USA from Italy|
|New Zealand to USA||1 NZD = 0.657 USD||Money transfer to USA from New Zealand|
|South Africa to USA||1 ZAR = 0.059 USD||Money transfer to USA from South Africa|
|Spain to USA||1 EUR = 1.129 USD||Money transfer to USA from Spain|
|Thailand to USA||1 THB = 0.032 USD||Money transfer to USA from Thailand|
|Turkey to USA||1 TRY = 0.146 USD||Money transfer to USA from Turkey|
|UAE to USA||1 AED = 0.272 USD||Money transfer to USA from UAE|
|Germany to USA||1 EUR = 1.129 USD||Money transfer to USA from Germany|
|India to USA||1 INR = 0.013 USD||Money transfer to USA from India|
Please note: exchange rates above are those used between banks and not available for the average consumer! You have two options when looking to source the best way to transfer money into USA's currency of USD. You can use a high street bank or a foreign exchange broker. When comparing services you'll need to check if there are any transaction fees, in addition to the USD exchange rate being offered. By using a specialist currency broker, you'll often find the money transfer service is fee-free, and can have better than bank exchange rates. Forex brokers also offer benefits over the banks such as dedicated FX managers, the ability to lock in an exchange rate for your dollars and low margins.
The Pound to US Dollar (GBP/USD) exchange rate fell by over -1% after the US Federal Reserve launched an ‘unlimited’ quantitative easing program to boost the US economy. The pairing is currently fluctuating around $1.146. Chris Rupkey, the Chief Financial Economist at MUFG Union Bank, commented: “Fed policy is shifting into a higher gear to try to help support the economy which looks like it is in freefall at the moment.” “The central bank is shifting from being not just the...
The Pound Euro (GBP/EUR) exchange rate recovered from its 11-month lows against after the Bank of England (BoE) cut its interest rates to an all-time low of 0.1%. The Bank also announced £200bn of money creation to help the UK’s economy throughout the coronavirus pandemic. Tom Stevenson, an Analyst at Fidelity International, commented ‘Britain is now a whisker away from the negative interest rate club.’ ‘Rates have never been this low in the more than 300-year history of the...
The Pound US Dollar (GBP/USD) plummeted by over -2% and is currently trading around $1.17, its lowest level since 1985. Traders have flocked to the safe-haven refuge of the US Dollar (USD) today with the ongoing coronavirus crisis threatening to push the global economy into a recession. Thomas Flury, a Currency Strategist at the Swiss Bank UBS, explains: “The main reason for dollar demand is liquidity concerns: In volatile times, companies and investors need dollars to settle...