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Alternative options for Spanish Bank Account? - Page 3

Colin3920

Posted: Fri Oct 20, 2023 3:43pm

Posts: 41

18 helpful points

Location: Torrevieja

Joined: 2 Jan 2020

Posted: Fri Oct 20, 2023 3:43pm

Ian1970 wrote on Fri Jun 30, 2023 10:08pm:

I was going to ask the same question as Mari about purchasing a house with my Wise account.

I will check with my solicitor on Monday and ask what the process is to sending money using my Wise account.

Thanks Steve for your input on this.

Hi Ian1970. Can I ask did you manage to use you wise account to transfer funds to your solicitor's account for your house purchase. Only asking because our solicitor has told me my money for house purchase needs to go into my spanish bank account and the bank will send the money over to vendors solicitor but my bank want 1500 euros in transfer fees

George55

Posted: Fri Oct 20, 2023 5:00pm

George55

Helpful member

Posts: 355

384 helpful points

Location: Villamartin

Joined: 29 Dec 2020

Posted: Fri Oct 20, 2023 5:00pm

Shouldn't you be transferring the money to your solicitors client account for them in turn to to pass to the vendors solicitors at the appropriate time?

I transferred the funds over a number of days into my solicitors account as IIRC larger amounts costs more to transfer whereas at the time transfers of 10,000 Euros or less were free.

Colin3920

Posted: Fri Oct 20, 2023 6:28pm

Posts: 41

18 helpful points

Location: Torrevieja

Joined: 2 Jan 2020

Posted: Fri Oct 20, 2023 6:28pm

George55 wrote on Fri Oct 20, 2023 5:00pm:

Shouldn't you be transferring the money to your solicitors client account for them in turn to to pass to the vendors solicitors at the appropriate time?

I transferred the funds over a number of days into my solicitors account as IIRC larger amounts costs more to transfer whereas at the time transfers of 10,000 Euros or less were free....

...

That what I thought but my solicitor from Sun Lawyers is adamant that we can't send it to them it has to go to my spanish bank account??

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