Chiclanagir

Only just receiving UK state pension. First one arrived on time four weeks ago. Second payment is due today and it hasn´t arrived in the Spanish bank. I thought this was paid automatically. Has anyone experienced any problems-

jo-ann

Ours comes through always on time every 4 weeks.

cymruambyth

Mines being delayed by a year! Our wonderful Government think I don't need it at 65 and are now going to let me have it at 66 years of age instead - how very kind of them.

pwblackbelt

While living here do you have to return to the UK to apply for your pension from the dss office or something?

gardner8

No. You can apply by phone or online. Just go to the DWP website.

tawaghorne

When your pension is paid into your Spanish bank account, what exchange rate do you get

Chiclanagir

A good one last time but cannot understand why we haven´t had it paid in today unless it is something to do with the Banca March.

Fred James

It's generally pretty good. We usually get about one point below the inter bank rate.

Also, if you pay a pension direct into a Spanish account they are not allowed to make any charge for doing so.

The same applies to company or private pensions but in some cases they will charge a monthly admin fee of about £3 to £5 depending on the company they use for the transfer. The rate is usually competitive but perhaps not quite as good as the rate on UK state pensions.

tawaghorne

Thanks for that information Fred. I will also be claiming my civil service pension as well, so that will also go into my Spanish bank account

Mitzyboy

My wifes is about 4 days late

Chiclanagir

Got it this morning 24 hrs late. I thought it was paid in on the day it was due.