Transferring money from a non EU country to UK bank [closed]

I would like to withdraw money from my foreign account outside Europe and deposit it in a UK bank account, as it has become clear I will be staying in the UK for a longer time than expected. To make money transfer costs a lot as I have to pay commission from my home country and the UK bank will also get a commission.

A cheaper option would be withdrawing with an ATM and depositing to my account then I can pay water, electricity bills, and rent using a bank transfer while I look for a job, and importantly to have proof that I have paid rent as I don't trust the kind of receipts my landlord is issuing me.

Yesterday I received an ATM card from my foreign bank account which I had requested and they only charge a very small amount for withdrawals which is very convenient for me. What I want to ask is, do I need to declare the money or will I get taxed by the UK Gov?

If I show the bank my withdrawal slips and the bank statement, will they bank the money without incurring extra charges?

Thanks

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Can you transfer foreign currency into a bank UK?

Quick Summary. An international bank transfer is usually the best way to transfer money to the UK. It can be done through a bank or money transfer specialist. There are no legal limits on how much money you can send to a UK bank account.

Is UK still SEPA after Brexit?

The UK remains part of SEPA, even after leaving the European Union.

Can I transfer money to UK account?

Sending money from India to the UK is not a hassle anymore. You can use wire transferIf you want to send money from India to the UK or any other country through wire transfer, services offered by IndusInd Bank. Wire transfer is the most popular way to do money transfer from India to the UK.

What are the tax implications of transferring money to the UK?

Income or Savings? Generally speaking, when you are transferring your own existing assets to yourself (repatriation of funds or assets), there are no tax implications of transferring money to the UK. Overseas income however is likely to be taxed (if you are deemed a resident of the UK).

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