Transferring funds to UK bank

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letstalk

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Sep 29, 2022
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I'm looking to transfer funds from my personal account in the UAE to my newly opened personal bank account in the UK.

It'll be in the range of USD 50K.

Any "best practices" when it comes to transferring such an amount (I know it's not a significant amount, but these days everything gets flagged...)?

Should I divide up the transfer in multiple smaller amounts (if so examples please) or I can do it in one go with no major issues?

Source of funds is no issue. Just trying to minimize hassle, especially since past experiences with UK banks haven't been the best. Thanks.
 
If you believe a transaction is likely to trigger a check (which sounds highly probable in‍ this case), notify the bank in advance. They might be able to tell you what⁠ to send, or they'll tell you to just make the transfer and then they'll let⁤ you know.

Not recommended. Computer systems are capable of doing basic arithmetic. Doing that︀ will get flagged and will turn a routine inspection into a suspicious activity.

The main problem here︃ is UAE. It's on various gray lists at the moment, which forces banks to be︄ more diligent.
 
Appreciate the informative reply, and I agree.

I was thinking along the same lines, but‌ always good to get input from knowledgeable people on here. Thanks.
 
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