B&B's and Apartments frequently don't take credit cards. BofA charges $45 for a money transfer of any amount. Are there cheaper alternatives for getting money to private accomodations?
Posted by
Minneapolis, MN, USA
8700 posts
I suggest that you open an account with www.xe.com/fx. I use mine to send gift money to relatives in the UK and to pay deposits at B&Bs that don't accept credit cards. Money is taken from my checking account by electronic transfer. A bank draft in the currency of my choice is sent by US mail directly to the recipient of my choice. The exchange rate is only slightly higher than the international rate on the day the transaction is initiated. There are no other fees. For security purposes it takes a little time and effort to set up an account, but everything goes swiftly and smoothly after that. XE also does wire transfers, but you do have to pay a fee for them.