How to send money from UK to Czech republic?

misa.blue

Hello
Could you please help me and advise best and cheapest way of sending money from UK bank account to bank account in Czech Republic?
Need to send £500 once every 6 months..

Many thanks in advance.

Fedz

Ask them to provide their IBAN (International Bank Account Number).

benjus

Moneybookers will charge a small fee of a couple of pounds and load the exchange rate by about 2%. That will probably compare quite favourably with what a high street bank would charge.

misa.blue

benjus wrote: »

Moneybookers will charge a small fee of a couple of pounds and load the exchange rate by about 2%. That will probably compare quite favourably with what a high street bank would charge.

Thank you, going to check out their website!

misa.blue

benjus:
I'm just reading through their website and it mention monthly service fee of 1Eur..Do you have experience with that?

benjus

I haven't actually used the service myself... however, if you're looking at this:

Non-business accounts will be charged a monthly service fee of 1.00 EUR (or equivalent). The fee will be waived and thus the usage of the Moneybookers service is FREE if the user has logged into the account or made a transaction in the last 18 months. Otherwise the service fee will be deducted monthly from the account balance.

So you won't be charged this fee as long as you log in to their service at least every 18 months.

bullock

Once I read about some forex company that allows to send money from UK to Czech rep for free. Unfortunately I don't remember the name. I know that their website was green/ black colored and the domain name contained letter, X J I and was not than 5 chars long.