Bank accounts and changing currency (Santiago de Chile)
I want to buy a house in Santiago and have a monthly UK remittance paid to Chile. I have been advised I must convert GB£ to US$ - remit the US$ to Chile where the bank will convert to CLP.
I have looked at Chilean bank exchange rates v "market" rates and it would appear that this is a rather expensive operation in addition to the time delays.
Could anyone suggest a better way?