Money Transfers

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This topic contains 5 replies, has 5 voices, and was last updated by Profile photo of Anonymous Anonymous 10 years, 6 months ago.

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  • #51867
    Profile photo of Anonymous
    Anonymous
    Participant

    I have currently been dealing with Currencies Direct for the purchase of my Spanish property. All is now complete but I now need make small monthly mortgage repayments to Bancaja. Does anyone know the best way for me to make these payments from the UK or which currency companies deal with such payments? (Please note I have not had a problem with Currencies Direct, but they only deal with larger transactions).

  • #62511
    Profile photo of Anonymous
    Anonymous
    Participant

    @costablanca wrote:

    I have currently been dealing with Currencies Direct for the purchase of my Spanish property. All is now complete but I now need make small monthly mortgage repayments to Bancaja. Does anyone know the best way for me to make these payments from the UK or which currency companies deal with such payments? (Please note I have not had a problem with Currencies Direct, but they only deal with larger transactions).

    Hello Costablanca – I’ve had dealings in the past with ‘Moneycorp’ (020-7808 0500) and found them helpful. It might be worth giving them a call ❓

  • #62512
    Profile photo of Anonymous
    Anonymous
    Participant

    HIFX also offer a regular monthly payment service.

  • #62518
    Profile photo of Anonymous
    Anonymous
    Participant

    Thanks for passing these companies on to me I do believe that they are reputable companies. Is this the most economical way for me to pay my monthly mortgage or can anyone suggest any other ideas? e.g. paying a few months in one go or could I open two new bank accounts – one in the UK and one in Spain which are compatible (free transfers) and then transfer the euros by direct debit into the Bank with my mortgage(Bancaja)

  • #62523
    Profile photo of Anonymous
    Anonymous
    Participant

    Hi Costablanca,

    I would check again with currencies direct about a small regular service beacuse I know they do do it. I have been dealing with them for clients for many years and their latest leaflet does mention a “regular transfer service with the same great rates as your main transfers”. I do remember that before they charged about £2 for the service but this is probably different now.

    Best wishes

    Bernard

  • #62537
    Profile photo of Anonymous
    Anonymous
    Participant

    I e-mailed my broker at Currencis Direct today who replied saying that they Do do regular transfers.
    Give them a bell and ask them.

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