Military/Service Pensions

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12 Apr 2007 12:00 AM by johnone Star rating in La Reserva de Marbel.... 233 posts Send private message

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If any of you Guys out there are getting your service pension paid into a Spanish Bank.

The rise is 3.6% this year but the Paymaster has outsourced the sending of it to CITYBANK, Who will charge a flat fee for the transfer

They have not said in the newsletter haw much that charge will be? but it will be deducted at source

Johnone


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12 Apr 2007 3:27 PM by johnone Star rating in La Reserva de Marbel.... 233 posts Send private message

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Its Just me then ?

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12 Apr 2007 4:48 PM by bobaol Star rating. 2253 posts Send private message

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From another site, I was told it was about £3.50 per transaction.

Not sure if that is correct or whether a percentage charge will be made.  (Got the same letter which doesn't say how much)




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13 Apr 2007 3:45 PM by johnone Star rating in La Reserva de Marbel.... 233 posts Send private message

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Thanks Bob

That won't be so bad! I was worried if it would be more like £20 as some of the UK banks charge for transfer. Hopefully we will still get the bank-rate on the day of transfer, and not the Cashpoint rate?

John


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