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Sale Proceeds from Caixabank to UK
Sale Proceeds from Caixabank to UK
by Ian2009 » Fri Feb 07, 2020 9:47 am
Anyone know the cheapest way to move house sale proceeds from Caixabank in Spain to Santander in U.K. ?
Can you do multiple transfers (I assume capped) online or is it best to use someone liike Transferwise?
TIA
Can you do multiple transfers (I assume capped) online or is it best to use someone liike Transferwise?
TIA
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Re: Sale Proceeds from Caixabank to UK
by elchedave » Fri Feb 07, 2020 10:21 am
Transferwise give much better rates than Money corp!!!!
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Re: Sale Proceeds from Caixabank to UK
by Ian2009 » Fri Feb 07, 2020 10:27 am
elchedave wrote:Transferwise give much better rates than Money corp!!!!
Yes, I thought so but I thought I read a post on here previously that you could transfer a certain amount per day yourself if you used online banking - does anyone know if that’s correct and if so how much is the limit?
Thank you.
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Re: Sale Proceeds from Caixabank to UK
by jpeg » Fri Feb 07, 2020 1:08 pm
You can transfer up to 15,000 euros every 3 days to another bank but I would transfer it to Transferwise debit account then wait for the best exchange rate before transferring to Santander as UK pounds or setup a Transfer Sterling card account
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Re: Sale Proceeds from Caixabank to UK
by cheflady » Fri Feb 07, 2020 1:38 pm
We used TransferWise very good rates a nd east to set uo
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Re: Sale Proceeds from Caixabank to UK
by daz » Fri Feb 07, 2020 8:17 pm
Please don’t just transfer from your spanish bank direct to your U.K. bank, that would mean u lose out on a fortune, compared to using transferwise.
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Re: Sale Proceeds from Caixabank to UK
by willemite » Fri Feb 07, 2020 9:56 pm
Transfer wise uses their Brussels base for euros, you have to open an euro account with transfer wise, transfer euro to the account which you will be charged for, then it’s transferred onwards to UK in sterling and you are charged again . We did this a month ago and found it was still cheap.
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