Join Talk Quesada

Welcome to Talk Quesada! My name's Alex and this is my website all about Ciudad Quesada in Spain. Talk Quesada is free to sign up and use so register below!

TRANSFER OF MONEY SPANISH BANK ACCOUNT TO UK

Re: TRANSFER OF MONEY SPANISH BANK ACCOUNT TO UK

Postby panchotaff » Wed Mar 13, 2024 7:35 pm

Thank you
panchotaff
 
Posts: 241
Joined: Mon May 07, 2012 2:51 pm
Which part of Spain are you from?: dona pepa
Gender: Male

Re: TRANSFER OF MONEY SPANISH BANK ACCOUNT TO UK

Postby daz » Wed Mar 13, 2024 9:58 pm

No matter what your bank or any bank, tells you, ANY currency exchange service will give a far better amount of cash for you at the end of it. Mostly lost in poor exchange rate despite convincing you of ‘no fees’ or good rate and some fees. Currency exchange service such as Wise, and ‘currencies direct’ or any number of others. Check some out. Good luck
daz
 
Posts: 719
Joined: Sun Dec 11, 2016 9:53 pm
Which part of Spain are you from?: Entre Naranjos
Gender: Male

Re: TRANSFER OF MONEY SPANISH BANK ACCOUNT TO UK

Postby Kingy0 » Wed Mar 13, 2024 11:25 pm

The only thing I would caution you on that usually once a sale of the property is completed, normally you get a bankers draft which has to be paid into a Spanish bank account. I have been told that it is not paid directly into your account. I could be mistaken but this is what I have been told.
Kingy0
 
Posts: 139
Joined: Thu Oct 31, 2019 11:31 am
Which part of Spain are you from?: Villamartin
Gender: Male

Re: TRANSFER OF MONEY SPANISH BANK ACCOUNT TO UK

Postby AnneDC » Thu Mar 14, 2024 10:09 am

When I sold my villa I had the proceeds paid directly into my currencies direct account which avoided Spanish banks totally and so no charges :D
User avatar
AnneDC
 
Posts: 337
Joined: Sun Jul 01, 2012 10:17 am
Location: Quesada
Which part of Spain are you from?: Sierra de Maria
Gender: Female

Re: TRANSFER OF MONEY SPANISH BANK ACCOUNT TO UK

Postby MacinSpain » Thu Mar 14, 2024 11:28 am

panchotaff wrote:I am in the process of selling my apartment. I have been told that the sale proceeds will be paid into my spanish Sabadell account

Which is the best currency transfer company to use please?

Also I use Wise to transfer money from my UK Account to my Spanish account. Has anybody used Wise to transfer money from Spanish account to their UK account and if so was the process fairly easy

Thank you


I just sold my property and had the money paid directly into my wise euro account you can then decide when the best time is to transfer it to your UK account, you do not have to have it paid into a Spanish account where no doubt you'll get charged an extortionate amount for sending it to another transfer company.
MacinSpain
 
Posts: 206
Joined: Mon Sep 28, 2020 9:02 am
Which part of Spain are you from?: Torrevieja
Gender: Male

Re: TRANSFER OF MONEY SPANISH BANK ACCOUNT TO UK

Postby jpeg » Thu Mar 14, 2024 3:55 pm

Kingy0 wrote:The only thing I would caution you on that usually once a sale of the property is completed, normally you get a bankers draft which has to be paid into a Spanish bank account. I have been told that it is not paid directly into your account. I could be mistaken but this is what I have been told.



The sale proceeds can be paid anywhere at your request if it is legal
jpeg
 
Posts: 9375
Joined: Tue Jun 27, 2017 11:24 am
Which part of Spain are you from?: Dolores
Gender: Male

Re: TRANSFER OF MONEY SPANISH BANK ACCOUNT TO UK

Postby Kingy0 » Thu Mar 14, 2024 3:59 pm

MacinSpain wrote:
panchotaff wrote:I am in the process of selling my apartment. I have been told that the sale proceeds will be paid into my spanish Sabadell account

Which is the best currency transfer company to use please?

Also I use Wise to transfer money from my UK Account to my Spanish account. Has anybody used Wise to transfer money from Spanish account to their UK account and if so was the process fairly easy

Thank you


I just sold my property and had the money paid directly into my wise euro account you can then decide when the best time is to transfer it to your UK account, you do not have to have it paid into a Spanish account where no doubt you'll get charged an extortionate amount for sending it to another transfer company.


This is good news, I'm glad the days of bankers drafts are over, it's never made sense when it's easier to do bank transfers. I wonder if it's up to the notary you use though? Needs a bit of looking into when coming to sell.
Kingy0
 
Posts: 139
Joined: Thu Oct 31, 2019 11:31 am
Which part of Spain are you from?: Villamartin
Gender: Male

Re: TRANSFER OF MONEY SPANISH BANK ACCOUNT TO UK

Postby panchotaff » Fri Mar 15, 2024 9:20 am

Many thanks for your comments and advice
panchotaff
 
Posts: 241
Joined: Mon May 07, 2012 2:51 pm
Which part of Spain are you from?: dona pepa
Gender: Male

Previous






  • Similar Topics
    Replies
    Views
    Last post

Return to Quesada general discussion

 
 

Who is online

Users browsing this forum: ADmantX [Bot], Google [Bot], Ray of sunshine, Tony-1 and 76 guests

Login
Username:


Password:


Remember me


Forgot password?

Register now

Find in Quesada
What are you looking for in Quesada?: