Hi all,does anyone know how to send a pension from England to Spain to avoid the bank fee I sent via smartcurrencyexchange but from January the bank will charge 18 euro fee. Is there any other way of shipping to avoid this fee,Thank you
Try Wise, previously called TransferWise, we’ve used them for years, quick and cost eff
Posted: Wed Mar 24, 2021 9:29pm
Helpful member
Is it the state pension or private pension ?
Posted: Thu Mar 25, 2021 12:36pm
Lmj18 wrote on Wed Mar 24, 2021 5:21pm:
Try Wise, previously called TransferWise, we’ve used them for years, quick and cost eff
Thank you
Posted: Thu Mar 25, 2021 12:37pm
John99andrew wrote on Wed Mar 24, 2021 9:29pm:
Is it the state pension or private pension ?
it is state pension
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andrzejw51 wrote on Thu Mar 25, 2021 12:37pm:
it is state pension
just contact the State pension in Newcastle and they will pay it direct into your Spanish account and they get a favourable exchange rate which will vary each month. no charges. you may also find that the bank will not make any charges for running your account here in Spain because you are paying in a pension on a regular basis. Win win situation
Posted: Thu Mar 25, 2021 5:17pm
Helpful member
Alicia 11 wrote on Thu Mar 25, 2021 4:34pm:
just contact the State pension in Newcastle and they will pay it direct into your Spanish account and they get a favourable exchange rate which will vary each month. no charges. you may also find that the bank will not make any charges for running your account here in Spain because you are ...
Read more...
...paying in a pension on a regular basis. Win win situation
Correct I have mine payed direct to sabadel no fees
andrzejw51 wrote on Wed Mar 24, 2021 1:10pm:
Hi all,does anyone know how to send a pension from England to Spain to avoid the bank fee I sent via smartcurrencyexchange but from January the bank will charge 18 euro fee. Is there any other way of shipping to avoid this fee,Thank you
I wouldm recommend Wise (formerly Transferwise). My bank (Unicaja) charged quite a lot for receiving my state pension and now I have no problem when Wise took over and paid it into the same account.
Posted: Fri Mar 26, 2021 6:09pm
Alicia 11 wrote on Thu Mar 25, 2021 4:34pm:
just contact the State pension in Newcastle and they will pay it direct into your Spanish account and they get a favourable exchange rate which will vary each month. no charges. you may also find that the bank will not make any charges for running your account here in Spain because you are ...
Read more...
...paying in a pension on a regular basis. Win win situation
Thanks
Posted: Fri Mar 26, 2021 6:09pm
John99andrew wrote on Thu Mar 25, 2021 5:17pm:
Correct I have mine payed direct to sabadel no fees
Thanks
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