Money transfer

[KORKY]

Any ideas as to the cheapest way of transfering money to turkey.
I have just paid £120 to transfer £20,000, by bank transfer. Perhaps I'm out of touch but this feels like a rip off. Think of how many Effs this could buy !!

[lindi]

Hi Korky

Nat West charge £18 for a standard transfer and £25 for an urgent transfer irrespective of the amount.  I have taken this info from a leaflet which I have from Nat West and I know this to be right as we have transferred 2 amounts recently and this is what we paid.

You can find this info on their leaflet which is called "How to Complete an International Payment Request Form" (NWB 1388)  

Hope this helps.

lindi

[kanga]

lloyds tsb was £35 for premium transfer for £50,000

[Sinbad]

£21 from First Direct.

[Dippey]

£25 Abbey. Standard service £50k+.

[JG2004]

Does it take longer for money to clear if you take a bankers cheque/draft?

[KORKY]

Thanks for your replies.
Looks like I'v been overcharged. I did ask that the turkish bank charges were were taken out at this end but I can't imagine their costs to be excessive.

[soz]

Hi Korky, I'm going to be transferring a large amount of money in the next few weeks. I'm interested to know whick bank did you use. Also, does anyone know if it is works out any cheaper to pay the turkish bank charges from England or wait until it arrives in Turkey?

[kim]

First Direct charged us £52 ,3yrs ago ,they said that was standard fee.

[KORKY]

Hi Soz, I used Barclays, I will call them next week and get a breakdown of the amount they charged me.