UK private pension payments to Tenerife

[Mia]

Thanks everyone for your help.

I have contact our bank here which is Caja Canarias. They do have a UK arrangement and they said there is no problem because they will accept any payments in sterling whether it be a bank transfer or sterling cheque.

(They also assured me as timmylish pointed out, each and every Spanish bank will accept sterling cheques).

I have contacted the pension company and requested that they make future payments direct into my account in sterling.

I am awaiting their reply!!!

[cheery]

Surely in this day and age, supplying sort code, a/c no. name and address of bank is sufficient. The bank at your end then convert the amount at that days rate. That's what banks do isn't it?

[Mia]

I received a phone call from the pension company which is Guardian Financial Services.

They told me that as a company they do not have the facility to send payments to a foreign bank.

I told them I did not understand, because it is their bank which sends the payments, not them.

The only reply to this was that they are not set up to pay to a foreigh bank and can only pay into a bank via a third party (i.e. Citybank) This was not a satisfactory answer but I realised I had hit a brick wall.

The final outcome is that they are willing to send me a sterling cheque each month, so I will have to hope the Spanish postal service gets these to me!!!

[timmylish]

Although not helpful I,m not at all surprised as |I,ve been down that road!