Calis Beach and Fethiye Turkey Discussion Forum

Information and Services in Turkey Section => Banks, Interest, Money Transfers, Insurance => Topic started by: mike77777777 on July 24, 2011, 16:14:17 PM

Title: Money exchange
Post by: mike77777777 on July 24, 2011, 16:14:17 PM

I have a bank account with HSBC Calis and am going to set one up with ING who seem to offer higher interest rates at the moment. I am looking to transfer 20,000 gbp to a Tlr account as soon as I set up my account with ING.
What is the best and least costly way to do this.

thanks Mike

Title: Money exchange
Post by: Scunner on July 24, 2011, 16:32:17 PM

Not sure on the answer Mike but what a time to be changing money - 2.77 lira for each pound. Your timing is excellent  :)

Title: Money exchange
Post by: KKOB on July 24, 2011, 16:44:27 PM

The safest way, but not neccessarily the cheapest way, is to use SWIFT.

Title: Money exchange
Post by: Scunner on July 24, 2011, 16:45:31 PM

The international banking transfer system, not the bird.

Title: Money exchange
Post by: Jacqui Harvey on July 24, 2011, 18:36:00 PM

Try this Company who my husband has hooked up with http://www.ukforex.co.uk/promo/index-generic-uk.html?gclid=CLv--bXjyKgCFUEb4QodIBsEqg
He reckons this is a really good way to transfer money.  He has used the SWIFT method, but there are costs involved.

Title: Money exchange
Post by: mike77777777 on July 25, 2011, 07:03:51 AM

Thanks everyone