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Natwest inbound wire transfer fees
pred02
Posts: 221 Forumite
Hi,
I am transferring a fairly large amount of money from my bank in the US (Charles Schwab) to my bank in the UK (Natwest). The purpose of this transfer is money for a deposit for a place I am purchasing in the UK.
Schwab bank offers a much better exchange rate that Natwest, so I will chose to convert to pounds and then send the money to Natwest. I think the intermediary bank that Schwab uses is Barclays.
If Natwest was to receive incoming wire in GBP, can they charge me any fees?
Thanks!
I am transferring a fairly large amount of money from my bank in the US (Charles Schwab) to my bank in the UK (Natwest). The purpose of this transfer is money for a deposit for a place I am purchasing in the UK.
Schwab bank offers a much better exchange rate that Natwest, so I will chose to convert to pounds and then send the money to Natwest. I think the intermediary bank that Schwab uses is Barclays.
If Natwest was to receive incoming wire in GBP, can they charge me any fees?
Thanks!
0
Comments
-
They used to charge £7 for ££ transfers from Europe:
https://forums.moneysavingexpert.com/discussion/14894610 -
Its still £7.00.
http://www.natwest.com/personal/travel-international/g2/international-payments/receiving-money-from-abroad/bank-to-bank.ashxIm an ex employee RBS GroupHowever Any Opinion Given On MSE Is Strictly My Own0 -
They used to charge £7 for ££ transfers from Europe:
https://forums.moneysavingexpert.com/discussion/1489461
What if the intermediary bank is Barclays?0 -
If it comes in as a CHAPS or BACs there won't be a charge.0
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