Help with opening a bank account
Mar 25th 2014, 1:44 pm
#16
Forum Regular
Joined: Jun 2009
Location: Yorkshire
Posts: 104
Re: Help with opening a bank account
"How can you pay a bill with a variable amount of money? "
Yes, I understand what you mean. In my case it didn't matter, the transaction was very informal and the payee got about 600 forints more than requested.
There is the facility to send an exact amount of forints, but as you pay them your sterling equivalent first, I don't know how that's done.
Most of the time I will be just transferring money from my UK account to my Hungarian one so there will be no issue for me. I will use them again as the exchange rate used is the mid market rate less a small fee - £2.85 for the £570 I transferred. (0.5 %) I haven't seen better anywhere else.
Yes, I understand what you mean. In my case it didn't matter, the transaction was very informal and the payee got about 600 forints more than requested.
There is the facility to send an exact amount of forints, but as you pay them your sterling equivalent first, I don't know how that's done.
Most of the time I will be just transferring money from my UK account to my Hungarian one so there will be no issue for me. I will use them again as the exchange rate used is the mid market rate less a small fee - £2.85 for the £570 I transferred. (0.5 %) I haven't seen better anywhere else.
Mar 25th 2014, 2:03 pm
#17
BE Enthusiast
Joined: Nov 2010
Posts: 878
Re: Help with opening a bank account
"How can you pay a bill with a variable amount of money? "
Yes, I understand what you mean. In my case it didn't matter, the transaction was very informal and the payee got about 600 forints more than requested.
There is the facility to send an exact amount of forints, but as you pay them your sterling equivalent first, I don't know how that's done.
Most of the time I will be just transferring money from my UK account to my Hungarian one so there will be no issue for me. I will use them again as the exchange rate used is the mid market rate less a small fee - £2.85 for the £570 I transferred. (0.5 %) I haven't seen better anywhere else.
Yes, I understand what you mean. In my case it didn't matter, the transaction was very informal and the payee got about 600 forints more than requested.
There is the facility to send an exact amount of forints, but as you pay them your sterling equivalent first, I don't know how that's done.
Most of the time I will be just transferring money from my UK account to my Hungarian one so there will be no issue for me. I will use them again as the exchange rate used is the mid market rate less a small fee - £2.85 for the £570 I transferred. (0.5 %) I haven't seen better anywhere else.
