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Transferring funds back to uk from recent property sale

Posted: Thu Jan 5, 2023 9:05am
11 replies426 views8 members subscribed
Stuffreborn

Posts: 3

Location: Vera Playa

Joined: 5 Jan 2023

Hi

Just sold after 16 years on Al Andalus Thalassa. Does anyone have advice on sending the funds from our Spanish bank to Barclays in UK?

Foolproof and reliable would be great. 

Many thanks and happy new year.

Geoff 

Philip322

Posted: Thu Jan 5, 2023 11:03am

Posts: 4

5 helpful points

Location: Sierra Cabrera

Joined: 15 Jul 2020

Posted: Thu Jan 5, 2023 11:03am

Hi Geoff 

We use place in the sun currency, they are very reliable, you can phone them for information about moving your money, once set up it is very easy.

P

Stuffreborn

Posted: Thu Jan 5, 2023 4:03pm

Stuffreborn

Original Poster

Posts: 3

Location: Vera Playa

Joined: 5 Jan 2023

Posted: Thu Jan 5, 2023 4:03pm

Philip322 wrote on Thu Jan 5, 2023 11:03am:

Hi Geoff 

We use place in the sun currency, they are very reliable, you can phone them for information about moving your money, once set up it is very easy.

P

Many thanks for the speedy reply. I'll call them now

kind regards

Geoff

Jenni

Posted: Thu Jan 5, 2023 8:07pm

Jenni

Very helpful member

Posts: 1291

995 helpful points

Location: Oria

Joined: 14 Dec 2017

Posted: Thu Jan 5, 2023 8:07pm

Another company that has a good name is Currancies4you. 

DarioMartin

Posted: Thu Jan 5, 2023 9:36pm

DarioMartin

Legendary helpful member

Posts: 5342

6309 helpful points

Location: Vera

Joined: 16 Aug 2017

Posted: Thu Jan 5, 2023 9:36pm

Stuffreborn wrote on Thu Jan 5, 2023 9:05am:

Hi

Just sold after 16 years on Al Andalus Thalassa. Does anyone have advice on sending the funds from our Spanish bank to Barclays in UK?

Foolproof and reliable would be great. 

Many thanks and happy new year.

Geoff 

Wise app.  (Ex TransferWise) best rates available, foolproof, easy and can track funds all the way online

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Juliet Diaz

Posted: Fri Jan 6, 2023 8:37am

Juliet Diaz

Helpful member

Posts: 243

304 helpful points

Location: Vera Playa

Joined: 23 Aug 2019

Posted: Fri Jan 6, 2023 8:37am

Stuffreborn wrote on Thu Jan 5, 2023 9:05am:

Hi

Just sold after 16 years on Al Andalus Thalassa. Does anyone have advice on sending the funds from our Spanish bank to Barclays in UK?

Foolproof and reliable would be great. 

Many thanks and happy new year.

Geoff 

Hi Geoff

I've used Wise for several large currency transfers. Easy to use, reliable, fast and far cheaper than banks or the likes of Currencies Direct. 

MaggieB

Posted: Fri Jan 6, 2023 12:00pm

MaggieB

Helpful member

Posts: 308

214 helpful points

Joined: 10 May 2020

Posted: Fri Jan 6, 2023 12:00pm

Wise have great rates.  Always send a very small amount first as a test run.  You will then feel more confident making transfers.  Unless need urgently, transfer in small amounts over several days.  Just for peace of mind really. Would do the same with any tansfer provider.

MaggieB

Posted: Fri Jan 6, 2023 12:01pm

MaggieB

Helpful member

Posts: 308

214 helpful points

Joined: 10 May 2020

Posted: Fri Jan 6, 2023 12:01pm

You bank might also have limits on how much you can transfer in one go   Best to check.

Scilley

Posted: Sun Jan 8, 2023 7:42pm

Posts: 4

1 helpful points

Location: Vera Playa

Joined: 5 Dec 2021

Posted: Sun Jan 8, 2023 7:42pm

You can check the exchange rates here https://www.exchangerates.org.uk/ 

And if you open an account with OFX or TorFx you won’t go too far wrong. But you can reassure yourself about them or any other foreign exchange company by checking with the U.K. Financial Conduct Authority  https://www.fca.org.uk/

There are thousands of scammers out there, this post has probably alerted a couple of dozens of them to what you are doing, so check carefully before you transfer your cash anywhere. 
Even if you are totally confident about the probity of the company you decide to use it might be a good idea to use two different ones and not transfer the whole lot in one go. 

dad100

Posted: Fri Jan 13, 2023 7:29pm

Posts: 2

1 helpful points

Location: Vera Playa

Joined: 2 Apr 2022

Posted: Fri Jan 13, 2023 7:29pm

Stuffreborn wrote on Thu Jan 5, 2023 9:05am:

Hi

Just sold after 16 years on Al Andalus Thalassa. Does anyone have advice on sending the funds from our Spanish bank to Barclays in UK?

Foolproof and reliable would be great. 

Many thanks and happy new year.

Geoff 

I use WIse 
https://wise.com/
Cheap and transparent




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