I am trying to transfer an amount of HKD into USD fixed term deposit in another bank. Because it is a largish sum, using HSBC's rates costs me more than I'd ideally like to pay so I'm looking at other options.
What is the most efficient way to send USD to a Channel Isles based bank, originating from HKD in an HSBC Hong Kong bank?
I'm looking a company called CurrencyTransfer.com who seem to have better rates - has anyone used these guys? I'm also selling USD to GBP each month over the coming year or so and having seen how bad HSBC's HKD to USD rate is I'm keen to find options there as well...
Thanks in advance for any tips.