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sending euros to UK
 
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sending euros to UK

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(@crazy-russian)
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Joined: 16 years ago

does anyone have any experience of sending large amount euros back to UK without crazy bank charges?

I have done £stg/into euros and sent to PT by using money brokers

but never yet other way

money brokers in UK getting harder and harder to use due to everyone (innocent folk) being money launderers...so hoops and hoops

is it same in PT??

recs please also any other ideas??

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(@stevej)
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Joined: 15 years ago

The fx company we use (XE Trade) can do transfers either way - there are no bank charges for moving £ to €, they make their money by way of the exchange rates they offer, which will be slightly lower than headline rates. We're prepare to accept that in return for a secure and quick service.

The only hiccup I could see would be any limits put on the maximum amount one can transfer from the PT bank. We use CGD and they have daily limits on MultiBanco (€3k) and online transfers (€10k) - not sure what other PT banks' policies are.

Steve

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(@crazy-russian)
Joined: 16 years ago

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Posts: 1269

@stevej   thanks steve

I am used to transfer limits with UK online banks....so I shall ask my PT bank and explain reasons....in UK it is usually possible to get around the standard transfer regs with a phone call...or two

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(@crazy-russian)
Joined: 16 years ago

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Posts: 1269

@stevej   thanks but XE used to be HIFX who I used before. but now they dont bother to answer telephone...I have tried 4 times last week...3 x 25 minute on hold and have sent emails. Today I finally got a reply to email.

I have moved to Moneycorp who do in fact answer the telephone

 

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