Sending Money From UK to European (German) Bank Account

colsten

dahj said:

EEA Banking licence requiring €100,000 ( or equivalent) protection but you know that already and are just being rude.

Pardon me?

There is no such thing as an FSCS licence.

Nor does any of the currency transfer services provide any €100,000 guarantee.

Harmonica89

I went for Starling Bank and it was pretty smooth with decent rates.

Harmonica89

Just out of interest, has anyone tried Revolut for this purpose? Is there a max transfer and what are the fees?

colsten

Harmonica89 said:

Just out of interest, has anyone tried Revolut for this purpose? Is there a max transfer and what are the fees?

Lots of people are using Revolut. In common with other transfer services, Revolut do not have FSCS protection, which largely rules them out for me, especially if there's a perfectly good alternative with FSCS protection. But you might have a higher risk tolerance than me and be fine if you lost your money in the transfer.

For limits and fees, see https://www.revolut.com/help