Just received email from currencies for you in the Uk which I use to transfer funds from English bank to Spanish account advising me that all transaction will now incur a cost of £10 if under £1500.00.
Anyone know of a better firm to use as a tenner seems a bit heavy to me.
I use GCEN, not had any real problem with them. :bravo_2:
Transferwise gives the best exchange rate: see
http://www.arboleas.co.uk/forum/index.php?topic=113683.msg623852#msg623852 (http://www.arboleas.co.uk/forum/index.php?topic=113683.msg623852#msg623852).
Furthermore, if you go to Transferwise through the following link, there will be no charges for the first £500 which you transfer: https://transferwise.com/u/anthonyd42 (https://transferwise.com/u/anthonyd42).
And it can be done simply using your UK bank debit card: then the recipient's bank account receives the €'s two days before the £'s leave your UK bank account!
What could be better?
Quote from: cg on April 04, 2017, 15:25:59 PM
Just received email from currencies for you in the Uk which I use to transfer funds from English bank to Spanish account advising me that all transaction will now incur a cost of £10 if under £1500.00.
Anyone know of a better firm to use as a tenner seems a bit heavy to me.
Don't too hung up about overt charges. Just because they charge you £10 for a transfer doesn't necessarily mean you get a bad deal. Other dealers will have "no charges" but just offer a poorer rate. Alternatively you can have a firm like Transferwise that appears to have quite high charges (£45 on a £9000 transfer) but gives a better rate than some others so the end result is more Euros for you. The thing to go on is how many Euros do I get for my pounds (most online brokers will give you that) rather than what their charges are or what their "rate" is. However, FYI Transferwise´s charge on a £1,500 transfer is £7.46.