Transferring money to buy property abroad

SP23

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Hi there, I'm sure there's a thread elsewhere along this theme but I'm unable to find it....

Would anyone here like to advise me on which method would work out best for me to move, and exchange, funds from the UK to a Spanish bank account of mine in order for me to buy property there.

I'm aware that there are a number of possible ways for this to be done and was wondering if anyone's got any experience in the area.

Any help would much appreciated
 
SP23 said:
Thanks for that, has anyone else any ideas or is that it ?
There's a place called the London Currency Exchange near Holborn tube station in London that does this sort of thing; have heard them recommended but I've never used them myself, though. They claim very competitive rates, considerably better than a bank.
 
Roberto said:
There's a place called the London Currency Exchange near Holborn tube station in London that does this sort of thing; have heard them recommended but I've never used them myself, though. They claim very competitive rates, considerably better than a bank.

Any idea if they've a web site ?


.
 
You should be able to easily do it through a good broker. Ask them to change up sterling into cash euros and then wire the money out to your account in Spain. But the account has to be in your name otherwise they won't do it, money laundering etc.

Whatever you do you want to see the costs involved with all possible routes (broker, the place in Holborn, other companies etc) because doing business with one over another company could save you a lot of money.
 
SP23 said:
Any idea if they've a web site ?
Sorry, I don't know. You'd think so, wouldn't you? A google search just found 1040 pages, so that was unhelpful. You could try directroy enquiries, or something? Sorry I can't remember the name of the street - might be Southampton Row or somewhere round there. I know it's _very_ close to Holborn tube. Sorry :(
 
?

Roberto said:
Sorry, I don't know. You'd think so, wouldn't you? A google search just found 1040 pages, so that was unhelpful. You could try directroy enquiries, or something? Sorry I can't remember the name of the street - might be Southampton Row or somewhere round there. I know it's _very_ close to Holborn tube. Sorry :(

Are you sure about this ?

I don't live in London but as you mention they DON'T seem to have a web site and they DON'T have an entry in yell.com

Sounds a bit dodgy !
 
hI sp23

i Found a good company to do this for me, gave me very good rate, very helpful people. secured me gbp-euro on contract at nice rate......very quick & efficient. cant think of the name at the mo as early hours sat having cuppa & at girlfriends.

PM me to remind me, if u havent found anyone yet & i will forward their details

Jay
 
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