Prince Buaben Posted January 27, 2017 Share Posted January 27, 2017 This isn't as glamorous as it sounds. I need to transfer money to a Spanish bank account from my own. What is the best way to go about it? The figure is not much its under ?200. Link to comment Share on other sites More sharing options...
Peebo Posted January 27, 2017 Share Posted January 27, 2017 Who do you bank with? For such a small amount, I'd speak to your own bank, or investigate via online banking. You'll probably need the IBAN and/or BIC for who you are transfering to. For larger sums, I'd recommend UK Forex. I've used them to transfer money to and from abroad quite a few times. You get a decent rate. Link to comment Share on other sites More sharing options...
Justin Z Posted January 27, 2017 Share Posted January 27, 2017 This isn't as glamorous as it sounds. I need to transfer money to a Spanish bank account from my own. What is the best way to go about it? The figure is not much its under ?200. I use Transferwise to pay my rent from my U.S. bank account. It's quick, the fees are significantly lower than the banks', and they give you a mid-market exchange rate. I generally save about ?35 per transfer versus a bank wire. If you sign up with the link below, you get your first transfer for free as well, and I may eventually get a kickback from them. https://transferwise.com/u/e751b1 Link to comment Share on other sites More sharing options...
Prince Buaben Posted January 27, 2017 Author Share Posted January 27, 2017 Who do you bank with? For such a small amount, I'd speak to your own bank, or investigate via online banking. You'll probably need the IBAN and/or BIC for who you are transfering to. For larger sums, I'd recommend UK Forex. I've used them to transfer money to and from abroad quite a few times. You get a decent rate. I bank with BOS. Yeah I have the IBAN number for the account i am transferring too Link to comment Share on other sites More sharing options...
Ryan Jarman Posted January 27, 2017 Share Posted January 27, 2017 PM me the bank details and I'll do it for you Link to comment Share on other sites More sharing options...
Peebo Posted January 27, 2017 Share Posted January 27, 2017 I bank with BOS. Yeah I have the IBAN number for the account i am transferring too I think you should be able to do through them via online. For that sort of amount, and if it's a one off, might just be as well using them. Link to comment Share on other sites More sharing options...
Prince Buaben Posted January 27, 2017 Author Share Posted January 27, 2017 PM me the bank details and I'll do it for you Done Link to comment Share on other sites More sharing options...
Prince Buaben Posted January 27, 2017 Author Share Posted January 27, 2017 Cheers Peebo Link to comment Share on other sites More sharing options...
North Berwick Jambo Posted January 27, 2017 Share Posted January 27, 2017 I think you should be able to do through them via online. For that sort of amount, and if it's a one off, might just be as well using them. This! I transfer cash between my Spanish and British banks online quite often, its very simple just select International transfer, pop in the BIC swift code and the IBAN. Although it does tend to take about 24 hours till its complete. Link to comment Share on other sites More sharing options...
Craig Gordons Gloves Posted January 27, 2017 Share Posted January 27, 2017 HBOS do it for 9.50 a time online. XOOM is also a good way of doing it, you pay 4.50. Link to comment Share on other sites More sharing options...
Sarah O Posted January 27, 2017 Share Posted January 27, 2017 Use Transferwise. Do not use the bank. End thread. Link to comment Share on other sites More sharing options...
romac Posted January 27, 2017 Share Posted January 27, 2017 I use Transferwise to pay my rent from my U.S. bank account. It's quick, the fees are significantly lower than the banks', and they give you a mid-market exchange rate. I generally save about ?35 per transfer versus a bank wire. If you sign up with the link below, you get your first transfer for free as well, and I may eventually get a kickback from them. https://transferwise.com/u/e751b1 As above, I've used them a number of times to send money to Germany. It's quick, inexpensive and I've never had a problem. Link to comment Share on other sites More sharing options...
Morgan Posted January 27, 2017 Share Posted January 27, 2017 Thomas Cook do something called a Cash Passport. It's a great way to get money from one country to another with little expense. Look into it. Link to comment Share on other sites More sharing options...
chester copperpot Posted January 27, 2017 Share Posted January 27, 2017 It's normally a prince asking me to transfer money to a foreign bank account. Be suspicious boys Link to comment Share on other sites More sharing options...
Pans Jambo Posted January 27, 2017 Share Posted January 27, 2017 Western Union do it. Not sure on fees etc. Worth checking it out though. Link to comment Share on other sites More sharing options...
Morgan Posted January 27, 2017 Share Posted January 27, 2017 It's normally a prince asking me to transfer money to a foreign bank account. Be suspicious boys Link to comment Share on other sites More sharing options...
hughesie27 Posted January 27, 2017 Share Posted January 27, 2017 I use Transferz. Compare their rates with transferwise and choose the better. Link to comment Share on other sites More sharing options...
Stephane Grappelli Posted January 28, 2017 Share Posted January 28, 2017 I usually use a Ugandan gentleman called George Agdgdgwngo to handle this sort of thing for me. He will wire the monies for you. Link to comment Share on other sites More sharing options...
CollyWolly Posted January 28, 2017 Share Posted January 28, 2017 Would it not be possible to have 2 PayPal accounts with different email addresses. Have the UK bank associated with one account and the Spanish account with the other. Surely a transfer would be free if you did it that way, and instant transfer into the Spanish side ? Link to comment Share on other sites More sharing options...
Peebo Posted January 28, 2017 Share Posted January 28, 2017 Would it not be possible to have 2 PayPal accounts with different email addresses. Have the UK bank associated with one account and the Spanish account with the other. Surely a transfer would be free if you did it that way, and instant transfer into the Spanish side ? Pretty you need an address in the country to have PayPal account associated with it in that country. Link to comment Share on other sites More sharing options...
deesidejambo Posted January 28, 2017 Share Posted January 28, 2017 Thomas Cook do something called a Cash Passport. It's a great way to get money from one country to another with little expense. Look into it. Yup I use that for good rates from all currencies to quid. All long as you don't transfer from one foreign currency to another as you will pay two cross-rates. Link to comment Share on other sites More sharing options...
trotter Posted January 28, 2017 Share Posted January 28, 2017 Xoom for me as well, use it roughly once every fortnight Link to comment Share on other sites More sharing options...
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