Sending money abroad

CommStone

Hello, this is my first post and I wasn't 100% sure which section to put it in so MODS, please move it if you feel you need to!!

To cut a short story a little shorter, My German wife and I both have English bank accounts. We owe her parents around £3,500 for a new boiler her Dad fitted, and for some money they lent us for our wedding.

We need to pay them back £1,000 a month but it costs transaction costs to send money to their German bank account, and also there are the exchange rate fees.

Does anyone have ideas on the cheapest way to do this transfer. (we don't want to wait for 4 months and make the payment in one hit - we want them to see that we are paying the money back as we agreed).

Thanks in advance

DG :money:

Archi_Bald

Look at using one of the specialist currency transfer services. There are also comparison sites to help you find the best deals at any one point int time.

Rhenser

CommStone wrote: »

Hello, this is my first post and I wasn't 100% sure which section to put it in so MODS, please move it if you feel you need to!!

To cut a short story a little shorter, My German wife and I both have English bank accounts. We owe her parents around £3,500 for a new boiler her Dad fitted, and for some money they lent us for our wedding.

We need to pay them back £1,000 a month but it costs transaction costs to send money to their German bank account, and also there are the exchange rate fees.

Does anyone have ideas on the cheapest way to do this transfer. (we don't want to wait for 4 months and make the payment in one hit - we want them to see that we are paying the money back as we agreed).

Thanks in advance

DG :money:

OMG! :eek:

What other experience/knowledge/qualifications does this your girlfriend's father possibly have of installing gas appliances in the UK? :huh:

For you and your good wife's own security, and that of all your neighbours, please have the appliance isolated immediately and do not use it until the installation is fully checked and authorised by a registered gas safe engineer
http://www.gassaferegister.co.uk/

I really don't want to be reading about another incident like this.



http://www.bbc.co.uk/news/uk-england-hampshire-30092439

grumbler

https://www.fxcompared.com/money-transfer/UK-Germany?amount=1000&ref=filter
http://www.mycurrencytransfer.com/money-transfer-to-Germany/1000-GBP

Serjio

I am regularly transferring money abroad and the least expensive options i found were TrasferGo and Paysera. Both offer above average exchange rates and transaction fee is around £2. They may be not very well recognized names, but everything seems to work fine. The only thing is that with Paysera you will need to set up an account and authorize it.

mgdavid

I use
https://www.currencyfair.com

CommStone

Thanks guys. Ill give them a look over.....

CommStone

Hi Rhenser, we have already had the boiler checked (the day it was complete). My wife's father is a heating engineer in Germany, using experimental technologies to under cut the European energy market.....he also fits the normal gas boilers which we have....

maninthestreet

CommStone wrote: »

Hi Rhenser, we have already had the boiler checked (the day it was complete). My wife's father is a heating engineer in Germany, using experimental technologies to under cut the European energy market.....he also fits the normal gas boilers which we have....

...but was he Gas Safe registered when he fitted the boiler?

grumbler

maninthestreet wrote: »

...but was he Gas Safe registered when he fitted the boiler?

Did he have to be registered if the boiler had been checked by someone registered after it was fitted?

EssexExile

If the boiler was installed by a non Gas Safe fitter & checked by a Gas Safe fitter, they both broke the law. Google "who can work on a gas boiler" & it's the first PDF.

Keep your head down.