|Subject: Re: Sending foreign currency overseas|
It's not always an option, but I have occasionally organised foreign transfers via the Paypal system. For those unaware of it, it is a money transfer system widely used by online auctions. The money is paid in major local currencies, and is taken from your credit card.
There is a charge of about 3% to the recipient if they wish to transfer the money back to their credit card or bank. It is standard practise for a sender to include this extra charge in the payment.
I have suggested to owners of properties that I wish to rent that they may wish to open a Paypal account, and then send them details of how to do so. The transfers usually take a matter of minutes.
Tim, Hampshire, UK