Money transfer

[Johnrgby]

Apologies if I’m missing the point, but you seem to be having to go through an awful lot of hassle to make a simple transaction. I use TransferWise to move GBP to my Spanish account each month, and they have been faultless, with real people on the phone if any queries (when moving larger amounts for a car purchase, for example, and needing to satisfy money laundering regs). 

I get the spot market rate and pay a small fee. In each of the past three months the money has hit my Sabadell account within minutes of my completing the GBP payment. The longest it has ever taken is two working days. As I say, I may have misread the problem/question, but wanted to share my own experience if it helps!

Totally agree, we have used them for years, takes 2 mins to set up and cash is in our account within hours, never a problem.

[windermeregolfer]

Apologies if I’m missing the point, but you seem to be having to go through an awful lot of hassle to make a simple transaction. I use TransferWise to move GBP to my Spanish account each month, and they have been faultless, with real people on the phone if any queries (when moving larger amounts for a car purchase, for example, and needing to satisfy money laundering regs). 

I get the spot market rate and pay a small fee. In each of the past three months the money has hit my Sabadell account within minutes of my completing the GBP payment. The longest it has ever taken is two working days. As I say, I may have misread the problem/question, but wanted to share my own experience if it helps!

Totally agree, we have used them for years, takes 2 mins to set up and cash is in our account within hours, never a problem.

Used TransferWise for the first time a couple of weeks ago, Bank Holiday weekend, as soon as I confirmed to my UK bank (RBS) the transaction was legitimate the payment went through and was in my Sabadell account within hours, so all I do now is check the rate between OFX or TransferWise both very easy to use.