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View Full Version : Finance What are the charges and costs for transferring money from UK into my Spanish bank?



Phynethanx
10-02-2012, 12:47
I am wanting to bring a largish amount of money into my bank here to make a payment off my mortgage which is with Santander.

The UK side is covered and Santander have told me there will be no charges for receiving funds of less that €50,000.

Someone mentioned to me that their bank had recommended a transfer of less than €10,000 but cant remember the reason why.

Last time I transfered money to Santander, which was a larger sum and a long time ago, I got stung by a whopping amount, so I am very cautious about it all, and I am really looking for clarification re charges/taxes etc?


However, last time

JC24
10-02-2012, 12:51
Check out this lot (http://www.smartcurrencyexchange.com/land/FreeRegularPaymentReport.aspx?src=i&trk=125709). They do a good deal on transferring money from the UK to Tenerife.

Phynethanx
10-02-2012, 13:05
Check out this lot (http://www.smartcurrencyexchange.com/land/FreeRegularPaymentReport.aspx?src=i&trk=125709). They do a good deal on transferring money from the UK to Tenerife.

Hi, sorry, I didn´t make myself clear, the transfer from UK is already sorted, I use a compnay called Moneycorp. It is this side, in Tenerife, that I need more information about ANYTHING that will be deducted from the money once it arrives, or might
be deducted in the future. Thank you :)