UK Graduates Looking Overseas for Work

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The Post Office advises graduates working overseas to do their homework on international bank transfers

According to new research, working abroad is becoming an increasingly attractive proposition for the UK's graduates. A survey found that one in three new graduates is looking to take up employment abroad.

Moving to a different country can be a daunting and expensive prospect for young people and for those relying on financial support from the UK can involve costly bank-to-bank transfer fees and charges. The Post Office recommends that by shopping around, individuals can get a good deal on an international bank transfers when sending money abroad.

Many graduates will be receiving funds through their parents sending money abroad to help with their living costs. Similarly, graduates working abroad may want to transfer money overseas to cover monthly expenses like rent. In such cases, the Post Office recommends that an international bank transfer need not be the costly option.

For example, the Post Office's international bank transfer service doesn't charge a fee at all. It also offers a regular payment facility for sending money abroad - meaning that customers can set up a monthly payment system.

The Post Office advises that an overseas bank transfer can be a simple option for sending money abroad. In knowing that sending money abroad via international bank transfer can be easy and efficient, parents can be comfortable knowing that their sons and daughters living abroad won't go short.

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