Sending money to europe (holland)???

[WabTheKing]

been into the bank (HSBC) this morning to sort out sending Patrick (quattrostyle) some money to pay for the 80 quattro he found for me.

HSBC said they cant say how long it will take to get there 7 to 10 days ish????? since when did banks use ish as a length of time to transfer money????

Moneygram is £46 fee to send

There is a site called Allmoney which charge about £18 that uses barclays anybody used them???

Or know of another way of sending?

Cheers
Will

[Bowlerwell]

When I sold my car to a Dutchman he just used regular internet bank transfer (IBAN?) and it was fine. I don't know of any charges.

[Dan]

Paypal?
Western Union?



fiddywidalamboexpress?

[WabTheKing]

When I sold my car to a Dutchman he just used regular internet bank transfer (IBAN?) and it was fine. I don't know of any charges.

HSBC are slow tho< im picking the car up 2 days after he would have received the money so would be a waste of time sending it through them

[WabTheKing]

Paypal?
Western Union?

paypal charge bout 4% and takes ages to actually get into your account,

westen union is 10mins to transfer, bout the same rate as moneygram i think

[prj]

You are within the EU.
Do a simple bank transfer. It is free and takes two bank days.

[quattrostyle]

I take it HSBC is wab's bank?

[prj]

Well, then whoever you spoke to is an incompetent idiot.
All euro transfers are free and take 2 bank days.

This is a rule in the EU.

[terrybullwon]

You are within the EU.
Do a simple bank transfer. It is free and takes two bank days.

Not from the UK banks they charge

[prj]

Well, they can charge some tiny processing fee, but they can not charge a fee for the transfer.
The delay is never a week in either case.

In 2002, the European Commission relegated the regulation of the fees that a bank may charge for payments in euros between European Union member countries down to the domestic level,[3] resulting in very low or no fees for electronic transfers within the Eurozone.

From wiki.

Also, when SEPA comes into effect, no eurozone transfer can cost more than a domestic transfer.
This means, if your bank is not charging for domestic transfers, it won't be able to charge for eurozone transfers.

[terrybullwon]

Well, they can charge some tiny processing fee, but they can not charge a fee for the transfer.
The delay is never a week in either case.

5 working days, fee is from £20-£50 depending on what bank you are with

[prj]

5 working days, fee is from £20-£50 depending on what bank you are with

There is a certain type of SHA transfer, that should be free / very low cost.
Did the UK not ratify EC 2560/2001?

[K Simmonds]

It can take up to a week for transfers from UK banks to clear within the EU, had the same problems myself with Natwest. They can do it quicker but charge.

[prj]

Wow...
I have experience with sending and receiving money with about eight different European countries, and this is the first I hear of this...

[K Simmonds]

Did the UK not ratify EC 2560/2001?

I guess not, our banking system sucks.