ValTay0607's multiple threads on money transfers merged
#1
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ValTay0607's multiple threads on money transfers merged
Any advice on most cost-effective way to sending proceeds of sale to the UK? TIA
Last edited by Rosemary; Apr 5th 2022 at 4:18 pm. Reason: Merged several threads
#2
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Re: Selling Spanish Property
A friend of mine used Currencies Direct and was very happy with the service. They have an arrangement with La Caixa whereby a bank draft for the sale proceeds can be deposited in an account with them with no fees charged for paying in the bank draft, and subsequently transferred to your UK account. A Currencies Direct representative accompanied her to the notary's office then to the La Caixa branch to handle the process. Might be worth contacting them to ask about it.
https://www.currenciesdirect.com/en/...payments-spain
https://www.currenciesdirect.com/en/...payments-spain
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#7
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Money transfer Spain to UK advice required.
Have sold my house in Spain. Need advice from experienced people on best and safest way to transfer money to my UK bank account without incurring heavy fees, which my bank (Sabadell) would probably charge. Payment will be by Bankers Draft. Advice appreciated. TIA
#8
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Re: Money transfer Spain to UK advice required.
I may be wrong but surely all you can do with a cheque (assume it is in Euros) is pay it into your Sabadell account - any costs depend on the type of account and the deal you have with them.
Then you can transfer it to the UK - but use a currency transfer company - as per many posts on this site Wise gives one of the best deals available
https://wise.com/gb/compare/?sourceC...endAmount=1000
Then you can transfer it to the UK - but use a currency transfer company - as per many posts on this site Wise gives one of the best deals available
https://wise.com/gb/compare/?sourceC...endAmount=1000
#9
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Re: Money transfer Spain to UK advice required.
https://britishexpats.com/forum/spai...operty-942974/
To all those who recommended Wise (and I know Wise are very good for foreign exchange transfers), please could you explain the process for paying a banker's draft into a Wise account?
#10
Re: Money transfer Spain to UK advice required.
I will merge this thread with your other one.
Please do not open multiple threads on the same subject, it is not fair on members who have already answered.
Rosemary
Please do not open multiple threads on the same subject, it is not fair on members who have already answered.
Rosemary
#11
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Re: Selling Spanish Property
you cannot use cheques with Wise.......
We can’t accept cash or cheque payments for any currency
https://wise.com/help/articles/27843...+I+use+cheques
What types of payments can I receive into my account?
The type of payments you can receive depends on the currency.We can’t accept cash or cheque payments for any currency
https://wise.com/help/articles/27843...+I+use+cheques
#12
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Re: Selling Spanish Property
you cannot use cheques with Wise.......
We can’t accept cash or cheque payments for any currency
https://wise.com/help/articles/27843...+I+use+cheques
What types of payments can I receive into my account?
The type of payments you can receive depends on the currency.We can’t accept cash or cheque payments for any currency
https://wise.com/help/articles/27843...+I+use+cheques
#13
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Re: Selling Spanish Property
But the OP specifically said he wants to avoid the fees charged by Sabadell for paying in a bank draft.
#14
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Re: Selling Spanish Property
No the OP doesn’t …. Perhaps re read OP’s post #7
The OP talks of incurring heavy fees to transfer
Last edited by UKMS; Mar 10th 2022 at 4:16 pm.
#15
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Re: Selling Spanish Property
Does Sabadell not charge to deposit a bankers draft into an account with them? Would they not also charge to transfer out even if we use Wise, Currency Direct etc.? Also hw long is a Bankers Draft valid for?