Sending money abroad
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Celtic
Posts: 48 Forumite
Please does anyone know a cheaper way to send money abroad from a bank account in the Uk to a sterling bank account in Turkey ?
All UK banks seem to charge £20 and it is not possible to use a debit/credit card it seems.
All UK banks seem to charge £20 and it is not possible to use a debit/credit card it seems.
Were all Dooooooooomed !
0
Comments
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How much? How urgent is the transaction?More info required.
Eric0 -
Have you looked at Paypal?You can send them money from your bank,using a debit card and send it to Turkey,providing you have their email address,and obviously they can access their email there.When paypal email them to ask where to send the funds,all they have to do I believe is to email them back with the bank account in Turkey.
Doesn't have to be paypal,though I think they are probably cheaper than some of the
others.I understand they charge somewhere around 5% of the amount transferred.
ie £5 charge for every £100 sent.Don't know if the money can be collected straight
away.
WEstern Union can wire money to their offices in Turkey-not quite such a ripoff as banks-about £14 for £100 I think.Can't think why banks don't allow one to transfer funds to someone else's personal account by debit card,since you can draw money from your own account abroad.Then I suppose they would lose all those £20 charges.
Failing that,contact your credit card company and explain what you want and see if they can help.
Interestingly,if both of your accounts were held at Citibank,they would transfer up
to £10,000 pounds within 24 hours for free.That's how easy it is to do these days,
small wonder our banks make so much money each year.0 -
If it's a sterling account what happens if you send a cheque?
Some banks only charge £8 for transfers0
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