Transfering Money back to UK
Aug 6th 2007, 9:18 am
#16
Account Closed
Joined: Jan 2007
Posts: 244
Re: Transfering Money back to UK
In actual fact all banks here are the same if you have any changes, request etc., takes ages to fix, Dubai way I am afraid, for example internet banking, check to see if wages have been paid, yip they are shown on line, go to back to withdraw, nope ATM machine is 24 hours behind bank!? How that works I don't know apart from bank telling me ATM machines do not belong to them? It takes 24 hours ATM to confirm wages can be paid, more like 24 hours investment of my money and they get the benefit!
How hum such is life in UAE.
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How hum such is life in UAE.
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Aug 6th 2007, 9:30 am
#17
Forum Regular
Joined: Jun 2007
Location: dubai
Posts: 40
Re: Transfering Money back to UK
Mirdif, I use them! its a branch office, if ATM is down they can't pay you as the don't handle cash? Thought thats what banks do?!
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Aug 6th 2007, 9:30 am
#18
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Joined: Jul 2007
Location: London and Dubai
Posts: 1,072
Re: Transfering Money back to UK
In actual fact all banks here are the same if you have any changes, request etc., takes ages to fix, Dubai way I am afraid, for example internet banking, check to see if wages have been paid, yip they are shown on line, go to back to withdraw, nope ATM machine is 24 hours behind bank!? How that works I don't know apart from bank telling me ATM machines do not belong to them? It takes 24 hours ATM to confirm wages can be paid, more like 24 hours investment of my money and they get the benefit!
How hum such is life in UAE.
B
How hum such is life in UAE.
B
Aug 6th 2007, 9:33 am
#19
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Location: dubai
Posts: 2,674
Re: Transfering Money back to UK
Aug 6th 2007, 9:39 am
#20
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Joined: Jun 2007
Location: dubai
Posts: 40
Re: Transfering Money back to UK
It will have to be the main branch down town I would imagine. Check with them in Mirdif.
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Aug 6th 2007, 9:43 am
#21
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Aug 6th 2007, 9:47 am
#23
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Aug 7th 2007, 6:12 am
#24
Just Joined
Joined: Aug 2007
Posts: 13
Re: Transfering Money back to UK
HSBC while operating under a global umbrella really does seem to vary from country to country. For example ion Hong Kong the service, facilities etc are tremendous - they would put ANY European or North American bank to shame. HSBC in China is slowly catching up to the HKG model. HSBC in Canada really is awful to deal with while Thailand they are pretty ok. So the idea is 'it depends'. I believe they all use the same internet model so online banking is pretty painless once you have been setup.
Aug 7th 2007, 6:24 am
#25
Guest
Posts: n/a
Re: Transfering Money back to UK
HSBC, Lloyds and all of the international banks are basically franchises that have very little to do with the parent companies other than branding and products.
Lloyds TSB Dubai has zero dealings with Lloyds TSB UK, likewise HSBC...it's really odd.
Anyway - I find them all pretty much the same. It takes a long time to get anything done and a lot of them insist on you going into the branch for certain transactions.
I use Lloyds and they seem ok - but I do transfer into a Lloyds offshore account too. Not sure what it would be like if you were transferring to a different one.
Lloyds TSB Dubai has zero dealings with Lloyds TSB UK, likewise HSBC...it's really odd.
Anyway - I find them all pretty much the same. It takes a long time to get anything done and a lot of them insist on you going into the branch for certain transactions.
I use Lloyds and they seem ok - but I do transfer into a Lloyds offshore account too. Not sure what it would be like if you were transferring to a different one.
Aug 7th 2007, 6:36 am
#27
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Joined: Mar 2007
Location: stuck at red
Posts: 1,525
Re: Transfering Money back to UK
I feel a bit silly now - i haven't transferred ANY money yet... maybe i should be, but with the GBP getting steadily stronger since i got here i've chickened out of selling my hard-earned dirhams.
Aug 7th 2007, 6:40 am
#28
Concierge
Joined: Feb 2007
Posts: 29,625
Re: Transfering Money back to UK
saying that I know nothing about money apart from how to spend it, which I am sure Atilla will confirm
Aug 7th 2007, 6:43 am
#29
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Joined: Aug 2004
Location: Dubai
Posts: 2,082
Re: Transfering Money back to UK
I used to have one but I didn't see the point of transferring dhs to usd and the bank getting a wee cut from the savings on the difference between their buy and sell rates.
and then one day transferring the USD to sterling and the bank again taking a cut.
I just leave it in DHS and transfer to sterling and the bank gets the cut once.
Both dhs and usd are tax free so what's the point?
