USA

Currency for United States of America.

The US Dollar (USD symbol $) is the official currency United States of America where each US Dollar is  divided into 100 cents. Coins are in denominations of 5 cents, 10 cents, 20 cents, 50 cents and 1 cent. US Dollars notes are issued as $1, $2, $5, $10, $20, $50 and $100

It is Convenient to Send Money Abroad

There are further technical details below, although the Currency providers will take care of ensuring payment details are in the correct format before initiating any payments on your behalf.

United States of America BIC or SWIFT code Format: BBBBCCLL or BBBBCCLLDDD

B = Bank Code (Only Letters)
C = Country Code ‘US’ (Only Letters)
L = Location Code (Letters & Digits)
D = Branch Code Optional (‘XXX’ for Head Office – Letters & Digits)

United States ABA or Routing Number Format: XXXXYYYYC

X = Federal Reserve Routing Symbol (Only Digits)
Y = ABA Institution Identifier (Only Digits)
C = Check Digit (Only Digits)

Your business may be located in the UK but there may be times when you need to send money to US – it may be to purchase certain products or services, to make investments for advertisements and marketing or for any other business purpose. A few years ago, when facilities such as net banking and online payments through credit cards did not exist, it did take time to send money to America. But thanks to technically advanced, modern banking facilities, it is simpler and convenient to send money instantly from UK to USA. There are multiple ways to send money internationally.

You can send money instantly to bank accounts through bank wire transfers. Bank wire transfers are immediate transfers from one bank to another. The payments are certain as banks only send money if a sender has available funds, and it is difficult to pull the money back once it has been sent. When you send money to US through bank wire transfer, the transferred funds are considered cleared as soon as they are received. At times, it may take a while for the receiving bank to show the proceeds in the recipient’s account, but the money does move instantly – with a few clicks by the bank officials. When you want to send money to bank account in America, you may ask your bank to do a wire transfer in person, over the phone or, in few cases, on the Internet.

When you are well aware of your bank’s policies and the numerous facilities it offers for international movement of money, it is simpler and safer to send money from UK to USA. For more information on easy and instant ways to send money to America, visit: http://www.sendmoneyhome.co.uk

Need to send money to United States?

Send Money Home is an online comparison site which provides all the information about companies that are available to assist your currency transfer. There are so many companies available but ensure you are getting the best currency exchange rate and are offering no money transfer fees over 5000 to 10,000.

Receiving and Sending money home to the USA is easy just choose which company you want to use and complete the online application form. Once submitted you may need to provide conformation of ID. This is standard and is a requirement by the Inland Revenue and the FSA to confirm who you are and to protect your money. Once your account is opened you can then confirm a currency rate and transfer funds. It all sounds like it will take time but in fact in an account can be opened in 10 minutes if you have your passport and proof of ID with you.

Ensure you get the best rate, remember you are not the expert they are so ask as many questions as you need getting expert advice all the way.

All of the currency providers listed on Send Money Home Website have been carefully vetted by sendmoneyhome.co.uk, All currency providers are regulated by the Financial Services Authority (FSA) and operate segregated client accounts. When you need to send money to the USA consider using one of these companies and save money compared to using your high street bank.

Sending Money to USA?

When you click the ‘Open an Account / Get a Quick Quote’ button, you will be directed to the currency providers website where you need to open an account before you can send money to the United States.

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