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£ (UK) to € (Spain) currency swap for house sale
£ (UK) to € (Spain) currency swap for house sale
by Luckjockey » Wed Mar 20, 2024 8:21 pm
Hi. Can anyone shine some light on the best method to get my cash thats sitting in a UK bank into a Spanish bank to pay for a pending house sale? Is there such a thing as a company that can deal with this, or is it a straight forward process………. I dont know. Thanks
- Luckjockey
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- Which part of Spain are you from?: Quesada
Re: £ (UK) to € (Spain) currency swap for house sale
by Paul Uden » Wed Mar 20, 2024 9:43 pm
Get yourself a Wise account. Very straightforward. A good combination of the best exchange rates with low commission. Use this link for reduced fees on your first transfer.
https://wise.com/invite/ahpc/paulu119
https://wise.com/invite/ahpc/paulu119
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Paul Uden - Posts: 1574
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Re: £ (UK) to € (Spain) currency swap for house sale
by Ralflillyamber » Thu Mar 21, 2024 5:57 am
I second the wise account, have used it for the last 4 years and never experienced any problems.
The exchange rates are pretty good as well, better than the banks.
The exchange rates are pretty good as well, better than the banks.
- Ralflillyamber
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- Which part of Spain are you from?: Dona Pepa, quesada
Re: £ (UK) to € (Spain) currency swap for house sale
by Rokhsareh_s » Thu Mar 21, 2024 7:47 am
For a large amounts, I usually use Currency Direct. There is no comissing as u pay £ in UK account & the amount agreed is credited in ur Spanish AC within a few minutes or vice versa.
They have opened a branch on top of the high street in Quesada.
They have opened a branch on top of the high street in Quesada.
- Rokhsareh_s
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Re: £ (UK) to € (Spain) currency swap for house sale
by Paul Uden » Thu Mar 21, 2024 8:03 am
You can send up to £5 million per transfer with Wise so hopefully that is large enough. The transfer time is measured in seconds it is that quick. It is, however, important to check how many actual euros you will receive if you are comparing providers. Those advertising 'no commission' will almost inevitably have poorer exchange rates to compensate.
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Paul Uden - Posts: 1574
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Re: £ (UK) to € (Spain) currency swap for house sale
by millies123 » Thu Mar 21, 2024 8:59 am
We used Revolut, no commission and best exchange rates, you might have to prove where your money had come from xx
- millies123
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Re: £ (UK) to € (Spain) currency swap for house sale
by Karen& Ceri » Thu Mar 21, 2024 3:40 pm
Have a look at Atlantic money which was posted on here by someone not so long ago. Cheaper than anything else out there. I have a Wise account but for house purchase it appears nothing will beat Atlantic Money for a significant transfer of funds for a £3 fee. I will be using them when I find a property . You have to provide and upload evidence of funds, passports & personal information to open an account so you should do that ASAP to be accepted. If anyone else have used them I would be very interested in your experience and feedback. I understand they were also mentioned on the Martin Lewis MSE website for any transfers over 2k.
- Karen& Ceri
- Posts: 28
- Joined: Fri Jul 04, 2014 3:13 pm
- Which part of Spain are you from?: UK
- Gender: Female
Re: £ (UK) to € (Spain) currency swap for house sale
by Paul20 » Thu Mar 21, 2024 6:50 pm
Hi all. For all those who use the Wise account could you please pm me how to transfer money from my UK account to my Spanish account using the mobile app. I’m sure it’s easy once you know how but I’m a little lost with it. Thanks
- Paul20
- Posts: 70
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- Which part of Spain are you from?: Pueblo Bravo
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