15 Jan 2009 8:13 PM:

Thanks Noreen & Smiley, perhaps it is right then, although it seems a bizarre way to go about it??  In any case I will be checking and double checking the terms with my lawyer.

Thanks again,

Ken.

Thread: Bank / mortgage problems.

--------------------------------------

14 Jan 2009 7:59 PM:

Not technically about money transfers, but another nice bonus with Halifax Spain is that the debit card they issue is a visa electron.  So what you may say?  Try booking a flight online with Easy Jet or Ryanair, or anyone for that matter and you will see that they even now charge a 'handling fee' for debit cards.......except visa electron.  We travel to Spain a lot and believe me it saves us quite a bit.  Our account costs 25 euros per year, but it is well worth it as you don't get charged for using your card and there are some useful services for non residents.

Ken. 

Thread: The best way to transfer money to Spain (Seriously)!

--------------------------------------

14 Jan 2009 7:34 PM:

Hi all,

Apologies if this has been answered somewhere else.  It is a simple question, which Maria or Smiley should be able to help with.  Basically my mortgage is due for revision on 25th of this month, but when I inquired with the bank today they claim that the revision rate that they apparently use is the Euribor rate from 2 months previous, not the rate on that day as I was expecting.

Now the cynic in me has come to realise that the Spanish are tricksy blighters and I am wondering whether this is a swifly implemented tactic because the difference in the Euribor rate between November and now is about 2% or a couple of hundred euros a month. Bearing in mind that this rate is then fixed for the next 12 months, that is a big hit for banks to take. Ooooh they are clever!

I am in the process of scrutinising my original terms as I am convinced that this is, pardon my French, bull*%$t. Unless anyone who has a mortgage with CAM can confirm that this has always been the case? Just seems a bit convenient as the Euribor is nose diving.

If anyone can confirm that this is CAMs normal policy, please let me know as I am becoming sick and tired of being turned over by this country. I am even considering selling up at a loss, rather than plough any more of my hard earned cash into the place.

Very angry. Thanks in advance,

Ken.

 

This message was last edited by Kenny_B on 1/14/2009.

This message was last edited by Kenny_B on 1/14/2009.
Thread: Bank / mortgage problems.

--------------------------------------

16 Nov 2008 9:22 PM:

Cheers Steone, very useful.

Thread: Car Hire Scam

--------------------------------------

13 Nov 2008 6:29 PM:

Hi all, 2 things.

1.  Can someone give me a definitive as to what equipment you must carry by law in your vehicle when driving in Spain.

2.  Never leave a hire car place on returning your vehicle without having one of their staff check it and sign your paperwork to say there is no damage, and if they claim there is, have them clearly state what it is.  Not easy if you are returning out of hours, but no check means you are leaving yourself wide open.  I did this once and never again.  Nuff said.

Regards,

Ken. 

Thread: Car Hire Scam

--------------------------------------