07 Apr 2012 10:35:

My knowledge on currency exchange is: you owe 100 euros,  I try and pay it in pounds or pasatos, at what ever rate it is at the time, and that is why the retreat from the euro would work, the reason many banks took a hit on greeces debt, as here currency would have gone to nothing on the curency exchange rate.

So if the pesato is worth 20% les, the debt is 20% less, the banks or loan holders would not be happy and would not lend any more, but thats my understanding, and all euro notes with the spaanish letter on it would be workth 20% less.

The other side is all prices or internal euro debt would be 20% less, those with euros mortgages would be best off, those with euros in the bank would be worst off.

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19 Nov 2011 07:39:

I always drive, I'm disabled and find the flight and airport horrable whether thats the Manchester or Liverpool route.

It is a long drive, as the wife doesn't do any, Warrington to Cabo Roig 1450miles via calais, fill up at the big truck stop in calais,  2 am ferry, £60 return, the drive down to DAX or Bayoune, my spelling bad sorry, use the N10 to keep off the tolls, it will be around 30e min, but I find it boring and pay around 56e, hotel cost betweem 40 or 90e with breakfast, then over thr boarder fill up in spain, you ay have to put 20e in the tank before this dependant on fuel consuption, my laguna 1.5l desiel does around 56 tp 60mpg.

So sansabastion to Papolona to Zaragosa, no tolls or around 24e, there is a option up to you, on to Truel, drop into valencia, use the inland cut through to Alicante, on to mucia on the ap7 or N332, 12e tolls.

Heavy driving first day, as we have to do the Dover miles, hotel around 7pm, second day allways take 10hrs.

Watch out traviling in November to March, I have been caught out in snow storms near the Piranees, bad ones.

I fill the car up on the way back with Fags, Wines, to pay for the tolls and hotel.

Jon

 

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18 Sep 2011 22:22:

The halifax XTRA account is just 12.5e each a year I believe no cash limit, you may also get a 9euro non res, but they all get that, no the biggest problem I felt was the movement from a uk halifax to the spanish halifax accounts though no charge, the rate you used to get was around 2 or cents off the bank rate dependant on amount you send, more the merrier, but it started to be less and less to you got more from the torist at the post office.

I still have my halifax Xtra account but I use TORFX to send monies.

I ddnot know about other accounts, when I looked you had to have between 1000e at santan to 600e with others.

to pay service bils there are no charges on my account to transfer to another ES bank it is a small charge, My mortgage is 580e in another account every month, I get charged 1.5e

jon

 

 

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18 Sep 2011 11:15:

I used to transfer between halifax (now Loyds int) but found that the ex/ rates were going poor.

I now use http://www.torfx.com/, to send all my transfers, they offer all the usual needs, 1 off transfers are a minimum of £2k.

I transfer money to a dedicated uk account then they send the money over usually 3 days, thats the spanish end delaying it more than them.

I was recomended to them, you get a single person to contact, I checked them through FSA & Company registration.

Up to you.

 

Jon

 

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18 Sep 2011 11:03:

http://costablanca.angloinfo.com/countries/spain/carbuy.asp

Info and ssome short cuts to forms on this web site, it may help you

 

jon

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