DJ Dunk

iTrader: (5)

Hello,

How would someone go about making a bank transfer to a European bank account using IBAN/BIC ?

Making a UK to UK transfer is easy using online banking (my bank is NatWest) but not sure about one of these

Cheers,
Dunk

alcazar

iTrader: (2)

You'll need to visit your branch and ask them about it, IIRC, last time I did this I needed LOADS of obscure numbers and codes for the foreign, (French) bank. Now I keep a copy of the form it took us AGES to fill in, so that we can copy the relevant bits and just change the figures.

Also, be careful with Gnat West........ask how much before you commit yourself, they are thieves.

I have two bank accounts, one at the Yorkshire, and one at LLoydsTSB. The Yorkshire wanted £40 for the service, LloydsTSB did it for £10.

Alcazar

Flatcapdriver

You'll need the IBAN/Swift code for the bank plus account number and sort code together with the branch address and obviously the account name. Any high street bank should be able to sort this out for you but you can get fleeced on the exchange rate, so beware. Alternatively, if you are making regular payments you could look at buying forward with someone like Moneycorp for which you contract to purchase foreign currency at a certain rate for a given amount of time.

DJ Dunk

iTrader: (5)

Thanks all Its a one off thing, so think I'll try other means. Many thanks.

little-ginge

I think with the swift code etc, it used to be called a Telegraphic Transfer (TT).. the banks used to charge around £20 for this service...
HTH..

JackClark

£25 charge last week.

Brendan Hughes

AIUI the IBAN and Swift/BIC is more or less all you need- effectively they are the bank, account number and sort code. Oh, and the account name (and amount!). Not sure about from UK, but I just did one within the Eurozone and that was enough.

JackClark

As you say Brendan, I only needed the IBAN and Swift code.

King RA

Costs a few quid. There is a guy on ebay that will do it for £1.50 to Germany all you do is paypal him the money, used it a few times. Barclays was £10 I think to do this.

Flatcapdriver

You're probably right but I mentioned the extra detail as sometimes 'my' money ends up in Cordoba (Head Office) rather than Antequera which is where it should be - Spanish efficiency for you!

Brendan Hughes

BTW, if you can find someone with a Euro account (assuming you're doing this in Euros) it costs them the price of a domestic transfer (and if it doesn't, that's illegal) - I sent just over €2000 to Austria, it cost me about two quid.