Sterling money transfer
Moderators: PoshinDevon, Soner, Dragon
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- Kibkommer
- Posts: 174
- Joined: Sun 28 Jun 2020 5:56 pm
Sterling money transfer
Has anyone recently transferred Sterling from the sale of a property to the U.K. If so which bank gave the best rate of charges.
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- Kibkommer
- Posts: 625
- Joined: Tue 03 Jul 2012 7:35 pm
Re: Sterling money transfer
Who are you banking with here, do they have their own IBAN no. not UBAN?
- Dalartokat
- Kibkommer
- Posts: 1498
- Joined: Sun 13 May 2012 12:54 pm
Re: Sterling money transfer
Just for info….this is the latest from Nat West Bank, hopefully the rest of the banks will not follow.Up the Reds. wrote: ↑Tue 08 Aug 2023 3:13 pmHas anyone recently transferred Sterling from the sale of a property to the U.K. If so which bank gave the best rate of charges.
https://www.gbnews.com/money/natwest-ca ... osit-limit
Choose your spouse, friend, relative, in difficult days. On a good day, no one shows their purity.
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- Kibkommer
- Posts: 799
- Joined: Sun 28 Jun 2015 11:45 am
Re: Sterling money transfer
I asked credit west and they told it has to go to an intermediate bank in Turkey and forwarded to my UK bank,if the sum is £200,000 the intermediate bank charge £4 in the £1000 that sounds fine but on the sum from a house sale it will be over £8000 which is crazy so be aware
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- Kibkommer
- Posts: 651
- Joined: Sat 07 Apr 2012 11:57 am
Re: Sterling money transfer
You may want to check your maths. 200 X4 is 800.
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- Kibkommer
- Posts: 799
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Re: Sterling money transfer
It's not x4 dopey you work it out @£4 to the£1000
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- Kibkommer
- Posts: 651
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Re: Sterling money transfer
£4 in every thousand. £40 in every ten thousand .£400 in every 100 thousand. £800 in every 200 thousand. .
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- Kibkommer
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Re: Sterling money transfer
£4 in £1000 is 0.4%, you have worked it out as 4% eg £4 every £100
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- Kibkommer
- Posts: 651
- Joined: Sat 07 Apr 2012 11:57 am
Re: Sterling money transfer
Well hammerhead not such a dopey now am I .
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- Kibkommer
- Posts: 799
- Joined: Sun 28 Jun 2015 11:45 am
Re: Sterling money transfer

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- Kibkommer
- Posts: 651
- Joined: Sat 07 Apr 2012 11:57 am
Re: Sterling money transfer
Enjoying the sun is correct. It's 0.4 .. so my maths are ok . However .£800 seems pricey. I would try other banks .they may have a lower ceiling on what they charge.