Bank Transfers
#1
Forum Regular
Thread Starter
Joined: Aug 2005
Posts: 143
Bank Transfers
I would if anyone could help please. I have just asked my bank to transfer a sum of money from my account to another spanish bank, also in my name, and they have told me that they will be charging me 100-150 euros for the transfer. Does this sound right? If it does, is there a cheaper way to do it, i.e. cheque?
Thanks
Thanks
#2
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Location: UK/Costa Luz
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Re: Bank Transfers
Sorry NicCol, I'm not sure waht you mean. Is that a transfer between 2 spanish banks?
If so my bank charges me 1€ for such a transaction so yes it does seem very high!
If so my bank charges me 1€ for such a transaction so yes it does seem very high!
#3
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Re: Bank Transfers
Who are you banking with ?
#4
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Joined: Oct 2005
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Re: Bank Transfers
Originally Posted by NicCol
I would if anyone could help please. I have just asked my bank to transfer a sum of money from my account to another spanish bank, also in my name, and they have told me that they will be charging me 100-150 euros for the transfer. Does this sound right? If it does, is there a cheaper way to do it, i.e. cheque?
Thanks
Thanks
#5
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Location: UK/Costa Luz
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Re: Bank Transfers
Yes, but even when doing an immediate transfer from my UK Bank to Spain. I telephone my bank manager, am charged £20 in the UK and nothing in Spain so 100€ still seems excessive.
#6
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Joined: Nov 2005
Posts: 94
Re: Bank Transfers
We have an account with the Halifax in Spain and bank transfers are free if you bank with Halifax UK or the affiliates eg. RBS.
#7
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Joined: Nov 2003
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Posts: 3,327
Re: Bank Transfers
If a large sum use HIFX or Currencies Direct. Free transfer and better rate of exchange.
#8
Pompey Boy
Joined: Feb 2006
Location: Torrejon
Posts: 143
Re: Bank Transfers
My bank charged me £30 to transfer £1000 to Spain at the other end 2 euros
#9
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Joined: Oct 2005
Posts: 1,052
Re: Bank Transfers
Originally Posted by dazzle
Yes, but even when doing an immediate transfer from my UK Bank to Spain. I telephone my bank manager, am charged £20 in the UK and nothing in Spain so 100€ still seems excessive.
#10
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Re: Bank Transfers
The transfer is from Banca March to Caja Madrid. So its a spanish bank to spanish bank.
#11
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Re: Bank Transfers
Originally Posted by poollounger
Who do you bank with at each end ???
NatWest in the UK and Bankinter in Spain so nothing out of the ordinary.
NicCol, have you checked with Banca Marche because that certainly does seem a ridiculous amount. I often transfer money via the internet from my Bankinter account to another spanish bank and I'm always charged 1€ regardless of the amount of the transfer.
#12
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Re: Bank Transfers
Originally Posted by dazzle
NatWest in the UK and Bankinter in Spain so nothing out of the ordinary.
NicCol, have you checked with Banca Marche because that certainly does seem a ridiculous amount. I often transfer money via the internet from my Bankinter account to another spanish bank and I'm always charged 1€ regardless of the amount of the transfer.
NicCol, have you checked with Banca Marche because that certainly does seem a ridiculous amount. I often transfer money via the internet from my Bankinter account to another spanish bank and I'm always charged 1€ regardless of the amount of the transfer.
#13
Re: Bank Transfers
I have used on line banking within Spain for a while now and it costs 1 euro per transfer. Have you explored this possibility ?
It's instant and you know it's actually been done !
It's instant and you know it's actually been done !
#14
Just Joined
Joined: Nov 2005
Posts: 4
Re: Bank Transfers
Originally Posted by NicCol
I would if anyone could help please. I have just asked my bank to transfer a sum of money from my account to another spanish bank, also in my name, and they have told me that they will be charging me 100-150 euros for the transfer. Does this sound right? If it does, is there a cheaper way to do it, i.e. cheque?
Thanks
Thanks
#15
Forum Regular
Thread Starter
Joined: Aug 2005
Posts: 143
Re: Bank Transfers
I am transferring banks, which is probably why the Banca March are trying to charge so much. Interestingly though, I contacted them, as Dazzle suggested, and basically asked if they were sure, and they have brought it down to 65 euros. Hmmm...