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Transfering Money Over To America

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Beswad | 22:23 Sun 01st Sep 2013 | Business & Finance
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I need to send over £5k to a friend in America. Would bank transfer be cheaper or Western Union? I need to find out so I can deduct the transfer fee from the £5k.

How do I go about doing this? Can this be done online?
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I think there are several companies that can do this for you.
The one I have used is CaxtonFX . It was fine.
You have to set up an account with them which can take a few days, but once it is up and running you can send money all over the world at a good exchange rate ...as long as you have bank details for the recipient.
https://www.caxtonfx.com/international-payments/
Have a look and see what you think.
I use HiFX to send money to France on a semi-regular basis and they are very good.
Setting up the account took about 20 mins online and each transaction takes about 5 mins.
http://www.hifx.co.uk/online-international-money-transfers/online-generic?_$ja=kw:h+i+f+x|cgn:Brand+Terms|cgid:464289170|tsid:41214|cn:Brand|cid:19131890|lid:15100308352|mt:Exact|nw:search|crid:26334992362|dvc:c|adp:1t1&gclid=CMrKpPasq7kCFXMgtAod1WcAsQ
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Thank you for useful the info.

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