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Transferring funds to Spain - Page 3

Cnol

Posted: Wed Sep 9, 2020 9:41pm

Posts: 5

Location: Torrevieja

Joined: 11 May 2020

Posted: Wed Sep 9, 2020 9:41pm

I have a uk account with starling bank and  also opened a euro account with them and then just move money between account with no charges

Darrel57

Posted: Wed Sep 9, 2020 10:09pm

Darrel57

Original Poster

Posts: 134

12 helpful points

Location: Los Balcones

Joined: 31 Mar 2018

Posted: Wed Sep 9, 2020 10:09pm

Cnol wrote on Wed Sep 9, 2020 9:41pm:

I have a uk account with starling bank and  also opened a euro account with them and then just move money between account with no charges

Thank you 

Ancient Printer

Posted: Thu Sep 10, 2020 8:23am

Ancient Printer

Helpful member

Posts: 232

241 helpful points

Location: Javea / Xàbia

Joined: 4 Jan 2017

Posted: Thu Sep 10, 2020 8:23am

There are many many money transfer and exchange companies. I looked carefully at Transferwise and Currency Fair. I came to the conclusion that Currency Fair offer the simplest structure. They match sellers to buyers and thus cut out the banks altogether. The only explicit charge is £3 or €2.50 for each transfer. When you exchange the rate is clearly displayed. The web site is very easy to navigate. Pound transfers are virtually instantaneous from your bank to them. 

Have a look at Currency fair here:

https://www.currencyfair.com/rafland/?channel=R8Z631

Toodiq

Posted: Thu Sep 10, 2020 8:27am

Posts: 41

40 helpful points

Location: Moraira

Joined: 9 Jan 2019

Posted: Thu Sep 10, 2020 8:27am

Going slightly off topic I have problem with transferring money into both my Sabadell and CaixaBank accounts via Transferwise. I can use Transferwise to pay into accounts such as solicitor, estate agent etc but not into my own account; I get message, almost instantly,  saying money has been returned to Transferwise. Has anyone else encountered this problem please?

Darrel57

Posted: Thu Sep 10, 2020 9:19am

Darrel57

Original Poster

Posts: 134

12 helpful points

Location: Los Balcones

Joined: 31 Mar 2018

Posted: Thu Sep 10, 2020 9:19am

Toodiq wrote on Thu Sep 10, 2020 8:27am:

Going slightly off topic I have problem with transferring money into both my Sabadell and CaixaBank accounts via Transferwise. I can use Transferwise to pay into accounts such as solicitor, estate agent etc but not into my own account; I get message, almost instantly,  saying money has been ...

...returned to Transferwise. Has anyone else encountered this problem please?

No I have, nt, no problems at all 

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Darrel57

Posted: Thu Sep 10, 2020 9:20am

Darrel57

Original Poster

Posts: 134

12 helpful points

Location: Los Balcones

Joined: 31 Mar 2018

Posted: Thu Sep 10, 2020 9:20am

Ancient Printer wrote on Thu Sep 10, 2020 8:23am:

There are many many money transfer and exchange companies. I looked carefully at Transferwise and Currency Fair. I came to the conclusion that Currency Fair offer the simplest structure. They match sellers to buyers and thus cut out the banks altogether. The only explicit charge is £3 or €2.50...

... for each transfer. When you exchange the rate is clearly displayed. The web site is very easy to navigate. Pound transfers are virtually instantaneous from your bank to them. 

Have a look at Currency fair here:

https://www.currencyfair.com/rafland/?channel=R8Z631

Thank you I will 

Phil MaGlass

Posted: Thu Sep 10, 2020 11:28am

Posts: 24

15 helpful points

Location: Torrevieja

Joined: 6 Apr 2019

Posted: Thu Sep 10, 2020 11:28am

Folks, just for safety reasons, it may not be a good idea giving details of how much you will be transferring of personal money to banks while posting pictures of yourself and telling people where you are coming to live in Spain, on an open forum. 

I have the experience of my father ( a few years ago) being tied up, half strangled and robbed at home because he let slip he had a few quid, anyway, stay safe.

Phil.

Darrel57

Posted: Thu Sep 10, 2020 11:46am

Darrel57

Original Poster

Posts: 134

12 helpful points

Location: Los Balcones

Joined: 31 Mar 2018

Posted: Thu Sep 10, 2020 11:46am

Phil MaGlass wrote on Thu Sep 10, 2020 11:28am:

Folks, just for safety reasons, it may not be a good idea giving details of how much you will be transferring of personal money to banks while posting pictures of yourself and telling people where you are coming to live in Spain, on an open forum. 

I have the experience of my father ( a few years ago) being tied up, half strangled and robbed at home because he let slip he had a few quid, anyway, stay safe....

...

Phil.

Thank you very much for that

Very true

LindaS28

Posted: Thu Sep 10, 2020 2:18pm

Posts: 42

11 helpful points

Location: Ontinyent

Joined: 23 Aug 2020

Posted: Thu Sep 10, 2020 2:18pm

Hi

We moved here in 2012.  We used a currency company called Foreign Currency Direct.  Excellent service and can transfer large and small sums i.e. Monthly pension etc.  

Hope this helps

Linda

LindaS28

Posted: Thu Sep 10, 2020 2:19pm

Posts: 42

11 helpful points

Location: Ontinyent

Joined: 23 Aug 2020

Posted: Thu Sep 10, 2020 2:19pm

I forgot to add they are based in the UK.

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