Cheaper UK - SEPA EU zone transfers

jago25_98

(Sorry for the cross post. I noticed after posting in another forum that it's very very quiet and probably won't get an answer in a long time)

I've found plenty of companies offering cheaper ways to do SWIFT transfers but none for BACS/FPS-SEPA transfers.

This is probably because as part of the EU the UK is supposed (expected to but not entitled since it's a different currency) to offer cheap SEPA transfers anyway.

I believe you can get cheaper rates by getting a Euro account but I only need to make payments infrequently.

The best rate I have so far is £7 + a percentage which works out quite expensive for low amounts as it's designed to be an alternative to those expensive global SWIFT transfers.

noh

Don't know what your question is but if you are looking for a cheaper way of making infrequent GBP EURO payments then I suggest something like Transferwise
I used them recently to pay rent for a holiday villa.
The payment is via SEPA from their Euro account. You credit their GBP account via faster payments. Fee was 0.45% and exchange rate was mid market much better than you will get from your bank.