Silly question time!!!

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Dec 12th 2006, 10:04 am

#16

Unexpat

BE Enthusiast

Joined: Jan 2006

Posts: 394

Re: Silly question time!!!

Quote:

Originally Posted by glynis

Bloody currencies direct. Just started with them and money was due out of my UK account on 1st December and now on the 11th we still do not have any money in our Banca March account. Not impressed. Down to our last brass farthing.

That worries me a little. I have used them four times in the last 6 months and the money has been in my Spanish bank account within 3 to 4 working days. Also, I notice that they have improved their procedures to keep you updated by E-mail of the progress of the transaction.

Did you get in touch with them when you suspected a delay and did they send you any confirmations? How did this turn out in the end. I'm interested because I will probably use them again, unless I start hearing bad things.

Thanks.

Dec 12th 2006, 11:07 am

#17

YMF

Forum Regular

Joined: Aug 2005

Location: El Cotin, Chiclana

Posts: 297

Re: Silly question time!!!

Quote:

Originally Posted by Flooziesoozie

There is no minimum to keep in London a/c, however to avoid bank charges you need a minimum of £500. There is also a fee when first opening account (I think this was about £35 when we opened but not sure how much now). We transfer money by this route and the time to xfer from UK to Spain is very fast, generally only a couple of days.
If you xfer it to a Banca March sterling account you can then choose the best time to convert to Sterling.
The staff at the London branch are Spanish but with excellent English.
Good luck

Banca March London has more info on its website, you can also check their daily exchange rate.

Dec 12th 2006, 11:16 am

#18

BritBull

Sun, Sea & Sangria.

Joined: Apr 2005

Location: Marbella

Posts: 142

Re: Silly question time!!!

Quote:

Originally Posted by Unexpat

I use them every month.
They informed me 6 working days from debit of UK funds to credit of Spanish account.

Dec 12th 2006, 2:44 pm

#19

Chiclanagir

BE Forum Addict

Joined: Nov 2003

Location: Chiclana

Posts: 3,327

Chiclanagir has a reputation beyond repute

Re: Silly question time!!!

Quote:

Originally Posted by glynis

A friend got his on Friday!! When I spoke to Currencies Direct today they said may be tomorrow, may be Wednesday.

I got my money today, 11 days later. Explanation apart from the bank holidays. Banca March transfer the money manually rather than on the internet. So it takes them two days rather than instantaneously.