Fineco Bank multicurrencies account

DesG

ok, check they are doing a SEPA zone transfer, check they are putting in the correct IBAN & BIC and selecting Italy for the country, apart from that, no idea.

I assume the amount is below the maximum limit of €4000 that LCL have?

Emily_Joy

DesG wrote: »

ok, check they are doing a SEPA zone transfer, check they are putting in the correct IBAN & BIC and selecting Italy for the country, apart from that, no idea.

I assume the amount is below the maximum limit of €4000 that LCL have?

Yep - it was well under the LCL limit. Mysteriously, transfer from the German Raiffaisen showed up the the same working day.

Alexland

Argh closing a Fineco account is a pain - they have sent a 2 page form to print, complete, scan and return.

Alexland

Alexland wrote: »

Argh closing a Fineco account is a pain - they have sent a 2 page form to print, complete, scan and return.

Has anyone managed to close their account yet? I replied to their email with the completed scanned form and they didn't reply. I chased again a few days later but still no reply a few days later. I can still login to my account so they don't seem to have processed the request yet.

Alex

stphnstevey

Alexland wrote: »

Has anyone managed to close their account yet? I replied to their email with the completed scanned form and they didn't reply. I chased again a few days later but still no reply a few days later. I can still login to my account so they don't seem to have processed the request yet.

Alex

Best calling them, they have UK number and are pretty good over phone (slight accent forgiven)

Alexland

stphnstevey wrote: »

Best calling them, they have UK number and are pretty good over phone (slight accent forgiven)

Yes it probably will come to that although I am always either working or looking after kids whenever these helpdesks are open so it's never convenient to call.

Alex

Psyduck1980

I have a multi-currency account with a debit card in Euros. I'm going on holiday later this week (to Spain) and so I transferred some £ into it yesterday and immediately exchanged it for Euros. Does that mean everything is set for me to use my debit card for purchases and/or to withdraw cash without attracting additional fees? Apologies for what seems like an obvious question but I don't want to be scrambling around for money whilst abroad if I have misunderstood anything. Thanks in advance.

Marchitiello

Psyduck1980 wrote: »

I have a multi-currency account with a debit card in Euros. I'm going on holiday later this week (to Spain) and so I transferred some £ into it yesterday and immediately exchanged it for Euros. Does that mean everything is set for me to use my debit card for purchases and/or to withdraw cash without attracting additional fees? Apologies for what seems like an obvious question but I don't want to be scrambling around for money whilst abroad if I have misunderstood anything. Thanks in advance.

First of all you need to be sure the balance has cleared as annoyingly although is within the same account , when you make such a transfer is not immediately available in the new currency .

Secondly, apparently many ATM in Spain charges for non Spanish cards/same bank card (like in Greece) thus you may still get charged something. It may be worth investigating if there are any banks/atm in the town/s you are visiting that offer free withdrawals

Psyduck1980

Marchitiello wrote: »

First of all you need to be sure the balance has cleared as annoyingly although is within the same account , when you make such a transfer is not immediately available in the new currency .

Secondly, apparently many ATM in Spain charges for non Spanish cards/same bank card (like in Greece) thus you may still get charged something. It may be worth investigating if there are any banks/atm in the town/s you are visiting that offer free withdrawals

Thank you.

bristolleedsfan

KobraD wrote: »

Lloyds bank will charge you a fee. When I tried to transfer £1000 from fineco to lloyds account they charged me £7. Not sure it is always the same fee it might depend on the amount transferred (I have previously transferred £2 as a test and I have not been charged!).

Someone who used my referral code has mentioned that Lloyds charged 2.00 fee when transferred 5.00 as a test.