Have managed to selll my house in Spain and next Tuesday i get a Bankers Draft (euros) which i need to change into Sterling. Problem is unless i pay 700 euros to have this sent 3 days the alternative is First Direct take 6 to 8weeks between themselves and my Bank here in Spain. Any suggestions welcome as my nest egg (euros) is shrinking day by day against Sterling.

Get cash.

I'll bring my suitcase and gladly give you a hand to carry it.

Have you tried going anywhere these days with more than a few quid in cash, its 2010 not .1955

You can move as much as you like, as long as you have proof of where it came from, money from a house sale would be a cinch.
If the buyer has a UK bank get them to pay in stirling into your bank.

What if the cash turned out to be forged notes

You can get bent bankers drafts too.

If it was a uk. buyer i wouldent have a problem. Russian buyer with euros. "Bent bankers draft" thats why the house sales are done through a Notary (independant legal goverment co.)

Hi

Barclays, Halifax, Abbey - banca March - all have branches in the UK and Spain - and easy to transfer money - also some people on the forum rate HIFX

You need to do some homework.

Davexf

But do they transfer a bankers draft ?

What you have to do is either pay the draft into your spanish bank account and then transfer it to your UK account (at a high cost from the spanish bank, of course). Or, just pay the draft into your UK account (small cost) but be prepared to wait for at least 6 weeks for it to clear. If the pound goes up you are shafted, if it goes down you gain. Right now the pound seems to be going up so maybe better to go the first way and get a quick transfer from the spanish bank.

That`s what I thought, re OP.

Thanks Jackytoo and every one else, Thats the problem in a nutshell. Stick or twist.

I think with that dodgy election coming up, I would stick, unless you’re sure of twisting a Tory.

I would love to twist and stick them all up their own jacksies.