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NatWest charged me CHAPS for £99 Int transfer

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Comments

  • Update on this fiasco.

    I sent home £499 this weekend. £492 arrived in my Natwest current account. That's a £7 fee from Natwest and NO intermediary bank fee in sight.

    I'm happy although miffed that they (Natwest/mystery intermediary bank) can charge £5 on £99 and £7 on £499.
  • Haengbok wrote: »
    Update on this fiasco.

    I sent home £499 this weekend. £492 arrived in my Natwest current account. That's a £7 fee from Natwest and NO intermediary bank fee in sight.

    I'm happy although miffed that they (Natwest/mystery intermediary bank) can charge £5 on £99 and £7 on £499.

    I don't bank with Nat West but this seems similar to other banks charges for receiving money from abroad.
    Up to £100 = £5 charge
    Any amount over £100 = fixed fee of £7.
  • Haengbok
    Haengbok Posts: 17 Forumite
    I don't bank with Nat West but this seems similar to other banks charges for receiving money from abroad.
    Up to £100 = £5 charge
    Any amount over £100 = fixed fee of £7.

    Exert from NatWest website: Payments up to £100 or currency equivalent are charged at £1.

    They always are except for the last time which is why I ended up here in the first place. Anyhow, it's not worth taking any further. Thanks for all the help and replies. :beer:
  • You could change currency provider. I think TransferWise charges £1 per transaction for low amounts of money such as £99.
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