Urgent transfers - Eye on Spain

Posted by	Messages (sorted from oldest to newest)
Saturday, May 19, 2007 Lauryc Adosado I'm in South Devon at the moment,,Dolores as soon as.. I've made 438 posts Send private message to Lauryc	Hi all. We are having some work done on our house and we need to transfer some money over from the UK as soon as possible. We have always used Currencies Direct and have found their rates to be good and their service excellent apart from the fact that it takes over a week for the money to clear from our bank transfer to them and arriving in our Spanish account. Just rang our own bank...... Nat West and they have an urgent transfer service which puts the money in Spain the next day for a flat rate of £27.00. Trouble is that their exchange rate is poor. At this moment it is 1.46 with CD and 1.43 with Nat west. Bit of a bummer. Anyone have other suggestions please? Ta Laury _______________________ *Laury* Spam post? If so please click here to report it
19 May 2007 2:57 PM bobaol Finca I'm in Leicestershire and El Galan, moving to Guardamar in a couple of years I've made 586 posts Send private message to bobaol	We have always used Moneycorp who transfer quickly and give a good rate. Problem is, you will have to transfer money from Natwest to Moneycorp (and Natwest will charge a transfer fee) then you have to wait for the money to clear. This will depend on how long before your bank takes to clear the transfer. Again, they will do it same date but at £27.00. Then you have to pay Moneycorp the transfer fee to your Spanish bank. It normally takes me 3 or 4 days to do this. If you need it really urgent, you may have to bit the bullet and take the bum exchange rate offered by your bank (moneycorp is also 1.46) which will save you the second transfer fee. Western Union will also transfer money but their charges are extortionate. Spam post? If so please click here to report it
19 May 2007 3:16 PM Lauryc Adosado I'm in South Devon at the moment,,Dolores as soon as.. I've made 438 posts Send private message to Lauryc	Thanks for the reply. I think you may be right and we may have to either wait or accept the crummy bank rate. Just thought it was worth a try. It seems that Moneycorp are the same as Currencies Direct. It's the transfer from our account to them that slows it up. Pathetic in this electronic age. Laury _______________________ *Laury* Spam post? If so please click here to report it
19 May 2007 3:25 PM conrad Ático I'm in Milton Keynes and Dream Hills 2 I've made 196 posts Send private message to conrad	Laury remember that even though cd may show 1.46 that isn't waht they will give you as a spot rate I have used 4xcc.com where they give you live dealing rates and these are what you wil get. You do have to register and if everything is okay with the checks you will get a username and password in your email within a day or so. This then allows you to go to the dealers page and you click submit when you want to trade a ticket is then available for you too print off that has all the details for the transfer( you set up your beneficaiary account the first time you log in) you can then take this to your bank and wire transfer the same day to them(this will cost) they then transfer to your bank in spain the next day IE: Money goes Monday to 4x it wil be in your bank in spain on the Tuesday. You can look at a demo of the dealer page and use it but of course no deal is actually done. For comparison CD were offering 1.4450 4xcc i was able to deal at 1.4550. www.4xcc.com Spam post? If so please click here to report it
19 May 2007 3:34 PM Lauryc Adosado I'm in South Devon at the moment,,Dolores as soon as.. I've made 438 posts Send private message to Lauryc	Sorry i'm being dense Conrad. Why do I need to take a ticket to a bank? _______________________ *Laury* Spam post? If so please click here to report it
19 May 2007 3:48 PM Lauryc Adosado I'm in South Devon at the moment,,Dolores as soon as.. I've made 438 posts Send private message to Lauryc	Hubby has been studying the 4x site and was getting all excited until he found out that dealing was only Monday - Friday... 9-4. He's gutted. Laury _______________________ *Laury* Spam post? If so please click here to report it
19 May 2007 4:36 PM conrad Ático I'm in Milton Keynes and Dream Hills 2 I've made 196 posts Send private message to conrad	Thats the only down side Spam post? If so please click here to report it
29 May 2007 6:00 PM MaggieB Apartamento I'm in Dunfermline,La Marina,Guardamar I've made 52 posts Send private message to MaggieB	Have been keeping an eye on the euro last few days, was going to deal on Friday, but decided to wait! big mistake as have to get funds to Spain for Monday, went with Currency Solutions as got the best rate, got 1.46 and considering today is 1.469 market! thought that was good after checking moneycorp. _______________________ *Mags* Spam post? If so please click here to report it
29 May 2007 6:58 PM Pat and Roy Finca I'm in Hertfordshire. UK. Princesa Letizia IV, Formentera, Nr Rojales, Costa Blanca I've made 555 posts Send private message to Pat and Roy	Hi Folks, I am afraid it is the luck of the draw depending on the market on the day. We transferred money last Nov. to complete on our apartment we went with HIFX and got the rate of 1.49. which was good. I did shop around but that was the best rate at the time. But when we went back this year I had a lot to buy tv etc. so we went to Carrefour and I used our Nationwide Flex Card for the purchases and the rate we got was 1.51. So we was very happy with that. So good luck all with all your purchases and exchange rate. Regards Pat _______________________ Spam post? If so please click here to report it
20 Jun 2007 10:14 PM amazingwally Parcela I've made 6 posts Send private message to amazingwally	I realise this post may be a little late, but may help others in the future ( or not .... ) Open a few accounts with money exchange companies, Currencies direct, RationelFX, Tor FX etc etc. This doesnt cost a penny but at least you have access straight away. When you need to transfer money ask for a spot rate from all of them, chose the best one and do the deal there and then with the best one. They will keep the rate for you until you use your internet banking to transfer money or send them a check if its not so urgent. Quickest I have had money in my Spanish bank account is 2 days amd longest 1 week. Agree the date with them when you do the deal Spam post? If so please click here to report it
29 Jun 2007 11:09 PM MaggieB Apartamento I'm in Dunfermline,La Marina,Guardamar I've made 52 posts Send private message to MaggieB	That is exactly what I did, have accounts with 4 of the top ones? but there was an outsider running, as they say?? and I got the best rate from them on spot rates, so you need to keep an eye on the euro and do a deal on the day, especially when it comes close to having to exchange your hard earned cash unless you are a speculator! and can afford to ride the waves? _______________________ *Mags* Spam post? If so please click here to report it

DISCLAIMER: All opinions posted on these message boards are the opinion solely of the poster and do not necessarily reflect the opinion of Eye on Spain, its servants or agents.