sending money abroad ( in europe)

jumbles_2

Just rented a place in malta and need to send money monthly from uk for bills, tried to transfer online ) with A&L- cant do had to do over phone ( from malta) cost £30, have set up hsbc acc in malta, need to do transfer cheapest way as £30 is horrendous:eek:

hopefully someone in the know can advise us

mini_mad_dad

is it to someone you know? when i send money to family back home in malta i normaly send a travel money card (pre loaded card) for the amount they need. this way i cut out the international money movers charge.

seven-day-weekend

I transfer our money from the Co-op Bank to Caja Granada, our bank here in Spain, every few months. It costs £8 but can take up to a week to arrive. You can have it quicker but it costs more.

However, provided you have yourself organised £8 is all it costs.

gt94sss2

You may also want to check the cost of transferring money with HSBC in the UK - it might be cheaper as the transfer would then be between different HSBC accounts..

Otherwise, can you give an indication of the approx amount/frequency you are talking about as there may be other ways such as PayPal etc..

Regards
Sunil

jonesMUFCforever

jumbles wrote: »

Just rented a place in malta and need to send money monthly from uk for bills, tried to transfer online ) with A&L- cant do had to do over phone ( from malta) cost £30, have set up hsbc acc in malta, need to do transfer cheapest way as £30 is horrendous:eek:

hopefully someone in the know can advise us

How much do you need?
I would imagine that you could get the equivalent of £200 per day from a cashpoint machine rather than phone your bank at a cost of £30 with possibly the same again for the actual transfer.