Transferring sterling from UK to TRNC. Also charge and timescale

cornishoggy


Joined: 05/12/2008
Posts: 60

Message Posted:
26/01/2009 12:29

Can anyone help with the following:-



Transferring sterling from UK to NC easily and safely,



Also the charge and timescale.

Stewart


Joined: 19/07/2008
Posts: 1107

Message Posted:
26/01/2009 14:17

Hi



The best way i have found ( and use ) is:

open a HSBC ac both in NC & UK, set up both for use over the net.



transfer money to either accounts then takes about 1 hour

cost is very little and efficient



suggest: the first time you transfer money either way send only £20 - £30 to check you have set up the transfer correctly....then you can use these "saved details" for quick transfers in the future

metin


Joined: 08/09/2008
Posts: 1588

Message Posted:
26/01/2009 15:12

Have just received a largest amount of cash from the UK. Sender used Barclays, cost was £20 and it took 3 -4 working days.

Came through to my HSBC Sterling account.

david123


Joined: 07/07/2008
Posts: 393

Message Posted:
26/01/2009 18:18

Hi Cornishoggy,



We used first direct which are part of hsbc and sent our money to Iktisatbank.



Took around 3/4 days and Alev there took care of everything else the other end.



Think it was £25 to do this.





alev.peler@iktisatbank.com



(0090) 3928155351/ ext 4137 or fax (0090) 3928155353



Thanks.



David

Tbl62


Joined: 03/12/2008
Posts: 83

Message Posted:
26/01/2009 18:26

Hi Cornishoggy

I transferred funds from HSBC _UK to Iktisatbank 3/4 days

Iktisatbank use Lloyds so money does from HSBC to LLoyds then posted to your account here in TRNC if that makes sense

NO charge from HSBC but restricted to send £10k per day if doing yourself on internet. You can go to branch and they will do larger amounts.

Iktisatbank did charge to receive funds however just found today that they have refunded us.Great news.

Good luck

tbl662

pond JuMpEr



Joined: 16/11/2007
Posts: 58

Message Posted:
26/01/2009 19:10

We transfered funds from nationwide to hsbc in Girne. Charge was 20 pounds, two months later HSBC Girne Charged 51 pounds to recieve it. When we contacted Nationwide they said it did state in their terms, that the reciving bank may make a charge. Won't be using HSBC again.

neilhodgin


Joined: 28/10/2008
Posts: 256

Message Posted:
26/01/2009 22:29

cheapest way is in your pockets. yorkshire bank charge £20

maxwell


Joined: 12/01/2009
Posts: 12

Message Posted:
27/01/2009 07:10

don't use abbey took 6 weeks for wire transfer sent money to wrong bank and blaimed everyone but themselves refunded 50 pounds but missed high exchange rate in november cash now stuck in sterling account.

Arek Naw


Joined: 29/08/2008
Posts: 75

Message Posted:
27/01/2009 08:55

If you are an HSBC Premier customer, transfers to other HSBC branches are free. You can also withdraw sterling from the HSBC atm in Girne free of charge, up to £1000 per day.

robbie c


Joined: 07/07/2008
Posts: 176

Message Posted:
27/01/2009 15:20

How much sterling (cash) can we bring into the country? Limassol bank told me £10K, but I thought it was less than that.

cornishoggy


Joined: 05/12/2008
Posts: 60

Message Posted:
28/01/2009 10:42

Many many thanks for all your suggestions