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Cheapest way to give someone £1100 living in Switzerland ?

Inigo_Montoya
Inigo_Montoya Posts: 1,216 Forumite
Part of the Furniture 1,000 Posts Photogenic Name Dropper
edited 20 May 2013 at 5:14PM in Budgeting & bank accounts
Any ideas how I can give someone living in Switzerland access to £1100 as cheaply as possible ?

I spoke to my bank Nationwide & they will charge £25 for an IBAN transfer

Any cheaper methods around maybe using something like paypal or its competitors ? - for example I seem to recall you can send personal payments to people via paypal without incurring fees ? - but is their a limit to the amount

Also I guess there are currency conversion charges to consider

edit just found this link
http://www.moneysavingexpert.com/banking/foreign-currency-exchange

If anybody has used these services then LMK - looking like either post office or transferwise at the moment

Comments

  • mgdavid
    mgdavid Posts: 6,711 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I've used http://www.currencyfair.com/
    for payments to Australia and The Netherlands, into other people's bank accounts. Simple, v cheap, 'does what it says on the tin'.
    The questions that get the best answers are the questions that give most detail....
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