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Electronic overseas Bank Transfers

This is a discussion on Electronic overseas Bank Transfers within the The Roadside Hotel forums, part of the Members Area category; I'v just booked a holiday for a group of us going to Sardinia in July. We are required to pay ...


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Old 19-01-2006, 13:44   #1
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Electronic overseas Bank Transfers

I'v just booked a holiday for a group of us going to Sardinia in July.
We are required to pay the deposit in Euros via an electronic bank transfere.
I have all the details of the account it needs to go to, but I have no idea how to go about doing it.
Is it the same as a transfer in the UK? ind what do I do regarding the rponds and Euros, do I just convert it and pay the equivalent in pounds?
Does anyone know if there is any charge for doing this?
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Old 19-01-2006, 13:49   #2
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Re: Electronic overseas Bank Transfers

I'd go to your bank and do it from there, just coz I'm paranoid.

As for charges - there is a charge for this, and it's usually quite a noticable one. I used to need to transfer money between NL and GB about once a year and IIRC it was about 5% or 10% charge to do it electronically. Hopefully you'll get a better deal than that
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Old 19-01-2006, 13:53   #3
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Re: Electronic overseas Bank Transfers

Usually your bank will charge a flat fee! My babk (Barclays) Charges about £20!!! Can't you pay on your debit/credit car it will then get automatically converted to Euros and it won't cost you nowt!!!
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Old 19-01-2006, 20:03   #4
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Re: Electronic overseas Bank Transfers

The cost can vary with the type of transfer. My bank offers an 'express' and 'economy' transfer. The ecomony is cheaper but takes a little longer. As you are paying for a holiday, there is no desperste rush to get the funds to the other bank. If you use a credit/debit card check to see if an additional fee is levied, my bank charges an extra 2.75%.

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