RIB (Relevé d’Identité Bancaire)

[Crevette]

Does anyone know if RIBs are "just for France" - i.e. can you set up a RIB to take money from a UK debit or credit card?

I pay my rent by cheque at the moment (with money in a French account) but it would be so much easier if the payments could come from my UK account directly each month (as it is I have to transfer to the French bank account each month).

Regards,

-Rob-

[Val_2]

Would the exchange rate between sterling and euro cause problems doing it that way I wonder. I know our friends get different pension payments each month depending on the rate and you could be losing a lot of money this way too without realising it. I'm probably wrong but perhaps a bank expert will know better.

[Babnik]

You could arrange for a transfer every month from your UK account to your French account. If you do this with one of the multiple specialist Currency exchange companies, you can fix the exchange rate for a certain amount of time, thus being assured that the same amount is transfered each month.

Steve

[Crevette]

Hi Steve,

I use moneybookers (when it works!) to transfer money to France but it is sometimes a bit close between having the money sent and receiving the money - it would be great to have a RIP to take the money directly from the UK account but I reallt don't know if this is posible.

Regards,

-Rob-

[Teamedup]

On some RIB's there is the international code too, the IBAN with all your details on it. You'll need these if you are going to transfer money from the UK. Also get your bank to give you your SWIFT details.

[BJSLIV]

For this to work you would need the RIB of the person you are paying, and these details could be used to set up a monthly transfer from your English account using SWIFT .

BUT, BIG BUT depending on which Bank you are with you will probably have to pay anything from £8 -£20 per transfer, with a grotty exchange rate, and on top of that you may have to pay your landlords bank charges for receiving the money.

I think your current way of doing it is the best , at least you can get any more money transferred that you need on the back of the rent, otherwise that would be yet another transfer to pay for.

[Pucette<P><FONT face="Times New Roman" size=3>Pucette<FONT><P><FONT face="Times New Roman" size=3><P class=MsoNormal style="MARGIN: 0cm 0cm 0pt">"Qui ne connaît pas la campagne lhiver, ne connaît pas la campagne et ne connaît pas]

The RIB is not a method of payment it is just the details of the bank account.

[suein56]

Rob

This might be completely irrelevant but years ago someone on LF suggested the easiest and cheapest way to get money quickly from your UK bank account to your French account, if you were in France, was to withdraw cash from the machine outside your French Bank using your UK debit card, then go inside the Bank and deposit the euros into your French account.

Of course this does not encompass large amounts of money so it might depend on how much your rent was.

Sue

[Ron Avery]

[quote]Rob This might be completely irrelevant but years ago someone on LF suggested the easiest and cheapest way to get money quickly from your UK bank account to your French account, if you were in France...[/quote]

Straying a bit off the original question , as Pucette says "The RIB is not a method of payment it is just the details of the bank account".

The suggestion about ATM's needs thinking about as most UK banks charge a % fee for a cash withdrawal and there is a daily limit.  Because I needed the money quickly to buy a car and UK bank wanted a letter,  I did this and it cost me £45 for €5000 whereas it would only have cost £20 for a "normal " transfer

[moon]

I usually top my french account up with around 800 euros a year to pay bills, and I find it cheaper, quicker and simpler to draw out 200 euros or so when I am in france and deposit it straight into my CA account.

I can usually afford to do this rather than one transfer a year, and small transfers are relatively expensive whichever way you go.

Bob