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Balance transfer from a foreign credit card
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Steve07967
Posts: 1 Newbie
in Credit cards
Can you transfer a balance from a Canadian card, to a UK card, to make use of 0% balance transfers?
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No.0
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why? the card numbers are the same set up. there's be a foreign exchange transfer of course.MorningcoffeeIV said:No.I’m a Forum Ambassador and I support the Forum Team on Debt Free Wannabe, Old Style Money Saving and Pensions boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.
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Brie said:
why? the card numbers are the same set up. there's be a foreign exchange transfer of course.MorningcoffeeIV said:No.From Lloyds T&CsBalance transfers Using your available credit to pay some or all of your credit card balance with another UK provider.If you ask us to process a balance transfer or money transfer, we will transfer the agreed amount when we have completed our securityI suspect others will be the same.
checks, using the Faster Payments Scheme on the working day we approve your request. The money will normally reach the account within 2 hours and no later than the end of the next working day after we receive your instruction. If the other bank or lender is not a member of the Faster Payments Scheme, we may not be able to carry out your request.
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The only possible way to do this is to get a money transfer deal card then withdraw available funds to your bank current account then instigate an International money transfer to pay the Canadian card.3
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