Citibank Euro Account

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08 Jul 2011 00:00 by norm de plume Star rating in North Tenerife and L.... 162 posts Send private message

Just used for first time to transfer money to my Spanish Bank Account.  There within 36 hours, and no charge (same as cashcard).  More than adequate replacement for Flex Account.

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08 Jul 2011 17:22 by fultond Star rating in Haywards Heath & Tor.... 242 posts Send private message

I've been using mine for around 2 years. The STG/EUR rate I get when transferring from my firstdirect account is good (first direct set the rate and it always seems to correspond with current spot rates). As you say Norm, transfers from it into my Spanish account are free, and I can use it to draw Euros within the UK and Europe.



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13 Jul 2011 19:01 by fultond Star rating in Haywards Heath & Tor.... 242 posts Send private message

I have just tried to do one of my regular SEPA transfers, and been told that the rules have changed since July 1st. Now they have to send via a clearing bank, that could charge between £17 and £25. Anybody heard of this, and does it have any effect on the money transfer companies such as MoneyCorp?



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