Chancer Posted February 23, 2012 Share Posted February 23, 2012 I say one off, no doubt I will do it again but rarely, maybe once or twice a year.To date I have lived quite comfortably without using my French bank account, I did everything with my NW card but now of course there are charges involved.I now have a new French bank and a carte bleue so want to transfer £1000 or perhaps £1500 from my Flex account, at least now it is relatively easy to do but there is a charge of £25, which will probably be recouped in the course of spending the funds by avoiding the purchase charges and cashcard withdrawal fees.My questions are:If I do a Swift transfer with NW will it be at the mid market rate or the lower rate which they use for debit card payments/cash withdrawals?On a small sum like the above would there be any real saving by using one of the other services? Link to comment Share on other sites More sharing options...
suein56 Posted February 23, 2012 Share Posted February 23, 2012 [quote user="Chancer"]On a small sum like the above would there be any real saving by using one of the other services? [/quote]IMO you would still be better off using CF as you would be doing a national transfer, ie free, of your ££s from your Nationwide a/c to CF's Bank a/c in London, you doing the exchange, then paying CF 3€ to transfer the €€s to your new French Bank account. It means a tad more input on your part but should cost less.Sue Link to comment Share on other sites More sharing options...
Chancer Posted February 23, 2012 Author Share Posted February 23, 2012 CF?Currency fair? Link to comment Share on other sites More sharing options...
charnizay Posted February 23, 2012 Share Posted February 23, 2012 Currency Fair - Why did I not belong to this admirable organisation before - found it very good and Euro3 per transfer:) Link to comment Share on other sites More sharing options...
Théière Posted February 23, 2012 Share Posted February 23, 2012 Comparing the rates I think I did a tad better with money bookers but their fee is €3.5 Link to comment Share on other sites More sharing options...
suein56 Posted February 23, 2012 Share Posted February 23, 2012 [quote user="Théière"]Comparing the rates I think I did a tad better with money bookers but their fee is €3.5[/quote]Yes but ... I have hardly ever accepted the going rate with CF and have always opted for the 'better rate requested'. Which means that a short while after posting my required rate on the € board someone matches it and I end up with a better rate ie more €€s for my ££s which more than covers the 3€ transfer out fee.Sue Link to comment Share on other sites More sharing options...
Théière Posted February 23, 2012 Share Posted February 23, 2012 Tidy [:)] Link to comment Share on other sites More sharing options...
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