Transferring Large Sums Of Money. Other ways to transfer large amounts of money abroad why you should avoid them prepaid credit cards. You can still gift money as explained above.
Ad find competitive exchange rates when you transfer money to from the uk. Add the amount and when to make the transfer. Last year i deposited a cheque for 45000 which had come from selling shares and although i took the cheque to the bank myself i was still asked to prove where this money had come from.
Theres more information on inheritance tax below.
The way to transfer large sums of money is to use an fx specialist or another institution with a proven track. Ad high street bank beating exchange rates. Secure fast and easy online services. The transfer service is available 24 hours a day.