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Bank Transfers
Posted: Sat 19 Mar 2016 7:44 am
by dekski1
Sending large cash sum to the UK.
What is the best way to send cash back to the UK and cost estimate? Do banks charge differing amounts?
Re: Bank Transfers
Posted: Sat 19 Mar 2016 8:56 am
by Johnny Lee
I have used my own banks here a couple of times , and been charged a commision, I think each bank as different rates. But very quick , within the hour. Also you can use Money gram. but it has to go in Euros, several banks do money gram, inc. Coop bank, Near East, Credit West, again you pay a commission. Also there is Western Union not sure which banks do this , I think Istikbank. But that needs to be in Dollars.
I think last time I did this it proved most economical from my own bank.Is your money in Stg. or TL ?
Re: Bank Transfers
Posted: Sat 19 Mar 2016 9:08 am
by Keithcaley
HSBC do 'no charge' transfers to UK for Premier customers
Re: Bank Transfers
Posted: Sat 19 Mar 2016 9:09 am
by Keithcaley
HSBC do 'no charge' transfers to UK for Premier customers
Oops! - Done it again...
Re: Bank Transfers
Posted: Sat 19 Mar 2016 11:11 am
by genghis
I've been told "NO CHARGE" by two different banks and true they didn't charge but somebody else did down the line in Turkey!!!!
I wasn't warned and apparently they have no control over how much the charge might be!!!!!
Coming from UK, I was charged a small amount by my bank but was still hit down the line in Turkey
Re: Bank Transfers
Posted: Sat 19 Mar 2016 12:54 pm
by Johnny Lee
I have just checked my records and Near East were the most competitive and also reached UK account almost instantly. You will of course need Iban num . and all other details and passport.
It is also advisable to do it AM. because the Central clearing bank stops I think at 2,00 pm our time. Money gram and I think also Gt. Western are person to person not direct to account.
Re: Bank Transfers
Posted: Sat 19 Mar 2016 2:43 pm
by kaiserphil
genghis wrote:I've been told "NO CHARGE" by two different banks and true they didn't charge but somebody else did down the line in Turkey!!!!
I wasn't warned and apparently they have no control over how much the charge might be!!!!!
Coming from UK, I was charged a small amount by my bank but was still hit down the line in Turkey
Not unusual for transferred money to "disappear" for a while in Turkey, until someone screams for it. Happened to me some time ago, and Julie at HSBC managed to get hold of it!
Re: Bank Transfers
Posted: Tue 06 Jun 2017 12:11 am
by RAZR63
dekski1 wrote:Sending large cash sum to the UK.
What is the best way to send cash back to the UK and cost estimate? Do banks charge differing amounts?
Will need to do the same shortly, who did you choose in the end?