Free International Bank Transfers ?

ambisonik

Hi All,

Relatively new to this forum & have had a search through but basically i need to know what is the cheapest current account for international bank transfers,specifically from the UK to Germany ?

Thanks in advance !

ambisonik

Sorry just to be more specific internet bank transfers preferred !

jonesMUFCforever

IMO nil and nil.
Free transfers in the Euro zone are only for countries in the Euro and not many banks will do International payments through the internet.
I know some banks will do this through their registered telephone banking for small amounts.

Have you considered an alternative such as Paypal?

ambisonik

jonesMUFCforever wrote: »

IMO nil and nil.
Free transfers in the Euro zone are only for countries in the Euro and not many banks will do International payments through the internet.
I know some banks will do this through their registered telephone banking for small amounts.

Have you considered an alternative such as Paypal?

Yeah it's for German eBay where nearly all the people i deal with are bank transfer only - talking about 10 transfers a week so i need to make sure i'm getting the best value for money out of my bank as poss - as you can gather interest is not really that important,transfer fee is !

would be happy with a bank that charges no more than £15 & the transfer can be set up online - anyone know of any ?

are there any that allow inter

mrtg0525

Try smile.co.uk - I used them a lot when I had to make regular transfers to Germany from the UK and they were by far the cheapest who also offered online transfers. IIRC it used to cost around GBP 9 for the transfer...

gt94sss2

HSBC Internet Banking allows their current account customers to make international transfers online - I believe they charge £9/transfer to Germany for sums under £2000

Regards
Sunil

ambisonik

Thanks a lot people - that's exactly the kinda info i was after !

will have a close look at both Smile/HSBC a make a decision in the next day or so..thanks again !

Meredith

olly300

Paypal have a site in Germany. If the users are customers of yours then I suggest get them to use Paypal as this is actually the cheapest option.