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Money transfer UK £ to Spain € - Page 3

Posted: Wed Oct 23, 2019 10:59pm

Lee 03189

Helpful member

Posts: 244

star110 helpful points

Location: Playa Flamenca

Joined: 26 Feb 2019

Posted: Wed Oct 23, 2019 10:59pm

I wasn't restricted to £10k 

Posted: Thu Oct 24, 2019 12:26am

Posts: 50

star44 helpful points

Location: Villamartin

Joined: 8 Oct 2019

Posted: Thu Oct 24, 2019 12:26am

Transferwise is the easiest method I have used to date. Have also used MoneyCorp, albeit years ago. 

For large amounts, all that matters is the difference in rates offered. 

Transferwise compares their rates with a few other major players and evidences both when they are the most competitive (from their selection of 'others' ) but also when they aren't. It at least feels transparent.

Transferwise most usually is the most competitive or joint top and, if not, my experience to date has been the difference has been negligible. 

Their app is an absolute dream to use and so, overall, I would suggest Transferwise and I am happy to recommend them for competitiveness, ease of transfer and speed of delivery (often near as damn it instant on weekdays.) 

Sounds like you either already have or are imminently to set up a bank in Spain. 

It's a peripheral but may assist others so.. was with Sabadell for nearly four years. Expensive, disobliging, 'aloof in branch' and their debit card gets wrecked (instantly) if you store it in your mobile phone wallet. Have just last week changed to Bankinter. Cheaper, albeit similarly disobliging. At least their card works as it should. 

Good luck out there! 

Peter

Posted: Thu Oct 24, 2019 8:26am

Georgetheseventh

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Posts: 347

star166 helpful points

Location: Catral

Joined: 21 Sep 2018

Posted: Thu Oct 24, 2019 8:26am

UK banks restrict..10k per day..they want your business..but loads more expensive...just plan and send each day...rate is good now..

Posted: Thu Oct 24, 2019 10:05am

Posts: 12

star9 helpful points

Joined: 5 Oct 2019

Posted: Thu Oct 24, 2019 10:05am

Transferwise. Brilliant service, rates and  speed.

Richard Branson one of its backers.

All onlìne

Graham

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Posted: Thu Oct 24, 2019 10:46am

Leafy211

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Posts: 228

star76 helpful points

Location: Torrevieja

Joined: 15 May 2019

Posted: Thu Oct 24, 2019 10:46am

Just wondering if bankinter able to process requests remotely, or if similar to Sabadell, in that they need you in branch, in person, to action even the most basic request (which slightly defeats the whole object of it being good for customers living outside Spain :-)) 

Posted: Thu Oct 24, 2019 6:05pm

Bencr85

Helpful member

Posts: 301

star273 helpful points

Location: Villamartin

Joined: 30 Jul 2018

Posted: Thu Oct 24, 2019 6:05pm

Hi m8 I use currencies direct, money always turns up, today I'm getting about €1.15 , after brexit it will shoot right up ! 

Posted: Thu Oct 24, 2019 7:03pm

Georgetheseventh

Helpful member

Posts: 347

star166 helpful points

Location: Catral

Joined: 21 Sep 2018

Posted: Thu Oct 24, 2019 7:03pm

my london accountant son recons it will hit 1.25 with a Brexit deal...so i am hanging on a bit to replace soggy stuff from the flood...if he's wrong i will cut his inheritance....

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