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Tranfering money from uk which is the best company - Page 6

Angebadge

Posted: Sun Jun 6, 2021 3:17pm

Angebadge

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Posted: Sun Jun 6, 2021 3:17pm

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 ?

Hi there

I don’t think it’s so much “getting around it”. I use wise all the time without charges for transfers to my Sabadell bank.

I understand Wise have an EU IBAN; Belgium I believe. This is the difference. Layman’s terms - transferring within the EU.

I’m sure someone will explain that with more detail 😉 Thank goodness for “Wise” is all I can say 🤪🥂

tebo53

Posted: Sun Jun 6, 2021 4:12pm

tebo53

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Posts: 4829

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Joined: 29 May 2018

Posted: Sun Jun 6, 2021 4:12pm

Angebadge wrote on Sun Jun 6, 2021 3:17pm:

Hi there

I don’t think it’s so much “getting around it”. I use wise all the time without charges for transfers to my Sabadell bank.

I understand Wise have an EU IBAN; Belgium I believe. This is the difference. Layman’s terms - transferring within the EU.

I’m sure someone will explain that with more detail 😉 Thank goodness for “Wise” is all I can say 🤪🥂

I've never been charged for transferring money through Wise from Barclays UK to my Sabadell account. When I do a transfer I put my money into the Wise bank (which has an EU account number) which is then exchanged into euros to forward to my Sabadell account.  No charges from Sabadell as the money is in euros. 

I've been transferring money through (Transferwise) Wise for around 8 years and always happy with the service. 

Steve 

gchase169

Posted: Sun Jun 6, 2021 9:11pm

Posts: 55

6 helpful points

Location: Torrevieja

Joined: 26 Jan 2019

Posted: Sun Jun 6, 2021 9:11pm

Spain99 wrote on Sun Jun 6, 2021 3:12pm:

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 

Time for us to move on then ? Thank you very much. I’ll get this sorted.

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