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Completion End Of May!! Best Way To Transfer the 15% Fees?

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  • Completion End Of May!! Best Way To Transfer the 15% Fees?

    Completion is around the corner and due for end of May (fingers crossed).

    Our property is purchased through Atlas, who have set up a Bankinter account already.

    We have also set up a Halifax account in this country and are in the process of opening a Spanish Halifax account from the UK (if possible). Between the two we have been told is a good way to transfer funds on a monthly basis? with no charge!!

    What is the most efficient way to tranfer the initial 15% of the purchase price to ensure the funds available when in Spain to pay all taxs etc?

    Also the best way to transfer monies on a monthly basis?

    Would be interested in both good and bad experiances!!

    Any help, advice, would be greatly appreciated!

    Thanks in advance..

  • #2
    Taffy

    We use HFIX and transferred money into our bankinter account, and also direct to Atlas to pay the initail 30% deposit we paid. Worked fine and HFIX get good exchange rates and quite easy to set up HFIX account.

    HFIX also do a monthly transfer operation, not used it yet, but am planning to look into this when we take ownership in the autumn.

    I to would be interested in hearing others views of Halifax as I have heard about the no cost transfers.

    Barry

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    • #3
      We set up an account with currencies direct and they gave us a good exchange rate. They also have an agreement with some banks in Spain not to charge for bank receiving money. Just a point , don't accept the first offer, they can often better it if you 'um and ah'.

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      • #4
        Curencies direct were great. no fuss and monies direct into cam bank NO HIDDEN CHARGES.

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