bank that doesn't charge when receiving international transfers

thinfatwhiteduke

Hello everybody.
I need your help. Is there a bank in the UK that doesn't charge any fee when receiving money from a european country? Llyoids TSB didn't charge anything some years ago. Now they charge £25, and this fee, doesn't even show up in your bank statement. You receive the money you're expecting, minus £25. Any suggestion/advice?
This other bank account would have to be free.
Many Thanks

noh

Nationwide
http://www.nationwide.co.uk/support/payments-and-transfers/specialist-payments/sepa-credit-transfers#xtab:charges

Lloyds charge £2 or £7 if the amount is over £100.

thinfatwhiteduke

I just found out on the Llyoid TSB website that they charge £7 to receive international payments of over £100. So why did they charge me £25. It happened more than once.

"The following fees apply to electronic payments received from outside the UK other than by SEPA credit transfer:
Receiving a payment up to and including £100 - £2†
Receiving a payment of over £100 - £7†
†This fee will not apply to payments in sterling received from a bank account within the EU to our Basic Account.
We'll convert the money you've received into pounds sterling on the day we pay it into your account."

thinfatwhiteduke

noh wrote: »

Nationwide

Lloyds charge £2 or £7 if the amount is over £100.

Thanks for your reply. What do I need to do in order to open the account? Just go there in person and do it? Does it take long?

Correct, Llyoids charged me more than £7. Can I make a complain? It happened many other times too!

noh

If it is a SWIFT transfer the £25 is likely to be a fee charged by an intermediary bank not Lloyds. ie the fee had already been deducted before Lloyds received the payment.

thinfatwhiteduke

noh wrote: »

If it is a SWIFT transfer the £25 is likely to be a fee charged by an intermediary bank not Lloyds. ie the fee had already been deducted before Lloyds received the payment.

There shouldn't be any intermediary bank.

grumbler

How do you know?

And was the transfer in foreign currency? If so, is the conversion fee shown in the statement?

jonesMUFCforever

OP do you have a personal or business account?
The tariffs are different depending on the account you hold.
Eg SEPA payment from a normal current account costs £9.50 but transfers from a business account are charged more £20/£25.

thinfatwhiteduke

grumbler wrote: »

How do you know?

And was the transfer in foreign currency? If so, is the conversion fee shown in the statement?

Thanks for your reply.
The transfer was sent already in pounds, although it comes from a european country.
No fee was shown in the statement.

thinfatwhiteduke

jonesMUFCforever wrote: »

OP do you have a personal or business account?
The tariffs are different depending on the account you hold.
Eg SEPA payment from a normal current account costs £9.50 but transfers from a business account are charged more £20/£25.

Thanks for your reply.
I have a simple basic account with Llyoid.
The person that sent me the money, already paid a fee to the bank he made the transfer with.

grumbler

thinfatwhiteduke wrote: »

Thanks for your reply.
The transfer was sent already in pounds, although it comes from a european country.

You haven't answered why you were so sure that there was no any intermediary bank.
E.g. in 2009 intermediary banks were involved in some transfers from EU to Lloyds and HBOS and charged £12: https://forums.moneysavingexpert.com/discussion/1489461
(see mainly post #2)

Ask Lloyds to explain why £25 is missing.