Do HSBC charge for overseas bank transfers?

snowqueen555

Hi all

I have used bank transfer before within the UK, HSBC don't charge for that but there is an online shop based in Europe that sells some books I can't get here, if I have the relevant IBAN/SWIFT number etc will they charge me, what is the minimum charge? I have a basic hsbc account.

I will only be spending about £30 so I hope they won't charge too much?

Thanks

gt94sss2

Yes, HSBC charge for sending money overseas.

The lowest fee they charge is £9 for what they call a WorldPay payment and you can send the payment from within Internet Banking from their current accounts(so I assume from their basic bank account as well) . The help pages for this are here

As you will be sending only £30 on books, have you checked to see if the shop would accept any other payment methods - a debit/credit card instead or even a PayPal payment as those are likely to be cheaper methods.. - even sending cash in a registered letter might be cheaper (though probably not as safe)

Regards
Sunil

snowqueen555

I have tried checking, only credit card and bank transfer, it is a european websute, they have many offices in europe but not one in the UK, I find a lot of european websites don't have paypal, I think paypal isn't well established there like it is in the UK USA

9 isn't too bad I guess

jonesMUFCforever

snowqueen555 wrote: »

I have tried checking, only credit card and bank transfer, it is a european websute, they have many offices in europe but not one in the UK, I find a lot of european websites don't have paypal, I think paypal isn't well established there like it is in the UK USA

9 isn't too bad I guess

A credit card wouldn't cost you anything.

(Ok I know about the 2.75% in the exchange rate but for £30 that will be pennies).

YorkshireBoy

Perhaps you have a friend/family member with a credit card who would be willing to make the purchase for you?