transferring money from spain to england.

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03 Jul 2014 4:25 PM by formentera costa Star rating. 368 posts Send private message

hi, in the past i have done transfers to spain from england

via my bank and a currency broker

my question is what is the best method to transfer  money

from my spanish account to my english account

not really sure as have never done this before

an online transfer would be best as i will be in england when i

need to do the transfer

 



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03 Jul 2014 4:30 PM by theline Star rating. 84 posts Send private message

Transferwise offer really good rates. I'd definitely recommend them from personal experience.





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04 Jul 2014 4:34 PM by Woodbug Star rating. 371 posts Send private message

Don't use your Spanish bank's transfer system. Most banks charge a fortune to make a transfer. Get on the net and have a look at rates from independent money movers - some will quote you on-line.





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04 Jul 2014 4:44 PM by formentera costa Star rating. 368 posts Send private message

thanks for replies



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07 Jul 2014 2:46 PM by marlowjen Star rating. 73 posts Send private message

Try Currencyfair as I now use them, last week I got 1.255 and just a 3 euro charge and next day the funds were in my Spanish bank, this week the rate is even higher!





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08 Jul 2014 9:53 AM by morerosado Star rating. 6927 posts Send private message

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We now use Transferwise, we had our first transfer commission free, feel free to use this link to get yours free too .. https://transferwise.com/u/29d10 (edited to add ..the link is for up to £2000. Just click on the link to take you directly to Transferwise's website to get you started)

Afterwards it was only £1 to transfer up to £200, 0.5% after that. Easy to set up, we use a debit card to buy euros, the funds are usually in our Spanish bank in/around 24 hrs.

We transfer every couple of months through Transferwise. 

 


 


This message was last edited by morerosado on 08/07/2014.

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09 Jul 2014 5:44 PM by scubamike Star rating in Murcia province . 218 posts Send private message

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In the past I have used Hifx but they were only offering me 1234 € Yesterday I gave Transferwise a try they were offering 1.257€ and in my Spanish bank account by 9 am Friday It was credited this afternoon Very pleased with the service 

 


This message was last edited by scubamike on 09/07/2014.

 


This message was last edited by scubamike on 09/07/2014.



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09 Jul 2014 10:34 PM by morerosado Star rating. 6927 posts Send private message

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Correction to my post earlier .. with my apologies.

We now use Transferwise, we had our first transfer commission free, feel free to use this link to get yours free too .. https://transferwise.com/u/29d10 (edited to add ..the link is valid for up to £3,000, NOT £2,000 AS PREVIOUSLY STATED). Just click on the link to take you directly to Transferwise's website to get you started.

Afterwards it was only £1 to transfer up to £200, 0.5% after that. Easy to set up, we use a debit card to buy euros, the funds are usually in our Spanish bank in/around 24 hrs.

We transfer every couple of months through Transferwise. 


This message was last edited by morerosado on 09/07/2014.

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10 Jul 2014 4:25 PM by xetog Star rating in Wiltshire/holiday ap.... 514 posts Send private message

I thought that the OP wanted to transfer FROM Spain TO UK ie euros to pounds sterling. Do these currency firms offer that service? It would be useful to know.





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10 Jul 2014 4:34 PM by morerosado Star rating. 6927 posts Send private message

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Yes, xetog, that's why I posted. We just happen to use it the other way round.

 


This message was last edited by morerosado on 10/07/2014.

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