There are constant discussions about how to get the best rates for foreign exchange. I am generally reluctant to make a specific recommendation, but here is a really good solution if you regularly need FX. OANDA.com is probably best known for the forex quotes, historical and current that they offer free on their site. Most people who use it do it to justify forex pricing for expense reports, tax returns etc. They also have a forex trading service, and a forex transfer service. I use them for the forex transfers only. The downside is that you need to have accounts available for a source and destination for the money on both sides. The upside is that the rates you actually receive, after all fees, are usually well within the band of actual interbank trading rates. Typically I find it takes two days or so to have my account credited with money in and another 2-3 days for credit out, so it is not instant. That seems to be because they use at least correspondents on each side, one of which has always been Royal Bank of Scotland when I use them. For example my most recent transfer was sending Euros to the US, so buying US$ with Euros. The interbank rate on the 21st April, when I did this, ranged from 1.43293 to 1.45482, and I received net 1.4530. This my Euro 10,000 resulted in $14,530 deposited in my US account. I find those rates almost unbelievable, but time after time that is what happens; I receive net rates within the interbank trading range. That happens consistently in no other way I know; even no-fee credit card are never near that. I am certain their are others like to, possibly as good, but I do not know them myself. Their site is: http://www.oanda.com/currency/converter/ there are links there to all the services they offer. I have no connection with these people other than as a happy customer so YMMV.