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Tranfering money from uk which is the best company - Page 5

rds1234

Posted: Thu May 6, 2021 6:37am

rds1234

Helpful member

Posts: 471

54 helpful points

Location: Villamartin

Joined: 16 Feb 2021

Posted: Thu May 6, 2021 6:37am

Keith53 wrote on Thu May 6, 2021 12:45am:

I use CurrenciesDirect and have done for years. Normally get a good rate, quick transfer. 

But not as good as WISE check it out.

Fab

Posted: Thu May 6, 2021 3:14pm

Fab

Posts: 8

Location: Torrevieja

Joined: 1 Nov 2020

Posted: Thu May 6, 2021 3:14pm

Chemical Dave wrote on Wed Apr 28, 2021 11:38pm:

I agree they are the best. They have recently changed name to "Wise".

I have compared Xe International money transfer with Wise

1. Xe have a slightly better rate

2. Xe have no charges

3. Xe deliver next day.

If the transfer isn't urgent then Xe is cheeper.

James2915

Posted: Thu May 6, 2021 3:22pm

Posts: 32

14 helpful points

Location: Alicante City

Joined: 9 Apr 2021

Posted: Thu May 6, 2021 3:22pm

Fab wrote on Thu May 6, 2021 3:14pm:

I have compared Xe International money transfer with Wise

1. Xe have a slightly better rate

2. Xe have no charges

3. Xe deliver next day.

If the transfer isn't urgent then Xe is cheeper.

So with Wise you get £859.61 for a 1000 euros and with Xe the recipient gets £855.10 for a 1000 euros. Looks like Wise is best to me!  I've done similar comparisons recently and found the rates  for Wise to be better.

Portet

Posted: Thu May 6, 2021 3:59pm

Portet

Very helpful member

Posts: 568

534 helpful points

Location: Moraira

Joined: 13 Jan 2021

Posted: Thu May 6, 2021 3:59pm

Fab wrote on Thu May 6, 2021 3:14pm:

I have compared Xe International money transfer with Wise

1. Xe have a slightly better rate

2. Xe have no charges

3. Xe deliver next day.

If the transfer isn't urgent then Xe is cheeper.

Looks like XE are effectively taking charges with their poorer rate which is worse than Wise's and slower to transfer. How can their rate be better when the recipient gets less!

rds1234

Posted: Thu May 6, 2021 4:00pm

rds1234

Helpful member

Posts: 471

54 helpful points

Location: Villamartin

Joined: 16 Feb 2021

Posted: Thu May 6, 2021 4:00pm

Fab wrote on Thu May 6, 2021 3:14pm:

I have compared Xe International money transfer with Wise

1. Xe have a slightly better rate

2. Xe have no charges

3. Xe deliver next day.

If the transfer isn't urgent then Xe is cheeper.

I check all the rates none yet better than wise

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tebo53

Posted: Thu May 6, 2021 5:35pm

tebo53

Legendary helpful member

Posts: 4824

5022 helpful points

Location: Benidorm

Joined: 29 May 2018

Posted: Thu May 6, 2021 5:35pm

rds1234 wrote on Thu May 6, 2021 4:00pm:

I check all the rates none yet better than wise

I've tried both companies in the past and Wise has definitely come out on top for exchange rates and transfer time.

Steve 

McMahon

Posted: Thu May 6, 2021 6:10pm

Posts: 32

14 helpful points

Location: Benidorm

Joined: 6 Jun 2019

Posted: Thu May 6, 2021 6:10pm

kathy56 wrote on Fri Apr 30, 2021 7:16am:

Has anybody used them for transferring funds from a Spanish sterling account to spanish euro account. We bank with Sabadell and at the moment their exchange rate is low and then they charge you 

Have you tried Revolut? Free online bank where you can exchange at live market prices....

SJCWHUK

Posted: Fri May 7, 2021 2:52pm

Posts: 8

9 helpful points

Location: Parcent

Joined: 1 Mar 2021

Posted: Fri May 7, 2021 2:52pm

Geoffro wrote on Wed May 5, 2021 1:04pm:

I think you would have to take this up with Wise.  You probably would need to transfer your Spanish sterling to a wise account and then transfer euro back your Spanish euro account.  Long winded but probably still cheaper. 

Best probably to transfer sterling to sterling (wise) and then move to Euros.  Then there is no terrible exchange rate but the bank may try to charge you a fee perhaps.


s

gchase169

Posted: Sun Jun 6, 2021 3:03pm

Posts: 55

6 helpful points

Location: Torrevieja

Joined: 26 Jan 2019

Posted: Sun Jun 6, 2021 3:03pm

Bencr85 wrote on Wed May 5, 2021 2:32pm:

I always use transferwise,  takes me 6 seconds,  with no Spanish tax's 

Hi,

I’ve seen replies for wise several times recently. One person stated their Spanish bank did not charge for the deposit from wise to their account. Wondering how they got around that as from other currency transfers attracted charges from sabadell as the transactions take place ?

Spain99

Posted: Sun Jun 6, 2021 3:12pm

Posts: 91

2 helpful points

Joined: 25 Jun 2017

Posted: Sun Jun 6, 2021 3:12pm

gchase169 wrote on Sun Jun 6, 2021 3:03pm:

Hi,

I’ve seen replies for wise several times recently. One person stated their Spanish bank did not charge for the deposit from wise to their account. Wondering how they got around that as from other currency transfers attracted charges from sabadell as the transactions take place ?

Yes I dident know but when I transfer money  from my ba k to sabadell they charged me 18 euro 

That's why I have been looking at other ways  thank you for your reply 

Regards janet 

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