Kibkom North Cyprus Forum

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.

Who are you banking with here, do they have their own IBAN no. not UBAN?

Up the Reds. wrote: ↑

Tue 08 Aug 2023 3:13 pm

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.

Just for info….this is the latest from Nat West Bank, hopefully the rest of the banks will not follow.

https://www.gbnews.com/money/natwest-ca ... osit-limit

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

You may want to check your maths. 200 X4 is 800.

susiesusie wrote: ↑

Tue 30 Jan 2024 5:16 pm

You may want to check your maths. 200 X4 is 800.

It's not x4 dopey you work it out @£4 to the£1000

£4 in every thousand. £40 in every ten thousand .£400 in every 100 thousand. £800 in every 200 thousand. .

Hammerhead wrote: ↑

Tue 30 Jan 2024 6:41 pm

susiesusie wrote: ↑

Tue 30 Jan 2024 5:16 pm

You may want to check your maths. 200 X4 is 800.

It's not x4 dopey you work it out @£4 to the£1000

£4 in £1000 is 0.4%, you have worked it out as 4% eg £4 every £100

Well hammerhead not such a dopey now am I .

I hope you are right Suzie

susiesusie wrote: ↑

Tue 30 Jan 2024 9:11 pm

Well hammerhead not such a dopey now am I .

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.