Euro rate at moment. |
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cubsur
Moderator Group Joined: 26/January/2006 Status: Offline Points: 26489 |
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Still only 1.115 in town yesterday.
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Albufeira Resident
www.algarvebus.info public transport information for the Algarve |
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malagabob
Senior Member Joined: 28/December/2006 Location: S Wales Status: Offline Points: 687 |
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I'm a Santander account holder. How are you getting 1.18 Dicey?
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Never put off something that you could do today
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DICEYUK
Top Contributors Joined: 05/April/2011 Location: Norfolk/Algarve Status: Offline Points: 3381 |
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Are you a UK Santander account holder or a Portuguese Santander Totta account holder.
If only the former, you won't. If the latter then you can. You need to contact Santander Totta UK on 020 7264 1300 or info@santandertotta.co.uk Tell them you have a Portuguese Santander Totta account and that you want to transfer money to it. You will need details of your Portuguese Account - branch, account number (IBAN) etc. They will then set up a Santander UK account for you. You then transfer money (£) online from any UK Bank Account (HSBC, NatWest, Barclays etc) to that Santander UK account. They then transfer that money in Euro to your Portuguese Santander Totta Account at their Daily Exchange Rate. Every day they set a Daily Exchange Rate - this is usually no more than half a cent below Official Bank Rate. i.e. the rate you can see here - http://foreignexchangerateforecasts.blogspot.co.uk/p/live-exchange-rates-graphs-on-this-page.html This morning the Bank Rate was around 1.1930 and their daily rate was 1.1889. You phone the above number and they will tell what their Daily Exchange Rate is. This is usually available just after 9.30am. No matter what happens to the Bank Rate during the day the Daily Exchange Rate is fixed for the whole day. You then have until 4pm to make your transfer into your Santander UK account and the transfer into your Portuguese account is made overnight. There are no fees etc to pay and you always get the full Daily Exchange Rate. I believe other Portuguese Banks with a UK Branch offer a similar service. This is their address - Banco Santander Totta SA 50 Mark Lane London EC3R 7QR |
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I hate how peopleï compare Frank Zappa to God. I mean, he's cool and great and nice and everything, but he's no Zappa.
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stuart123
Newbie Joined: 21/October/2015 Status: Offline Points: 195 |
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Millennium BCP also do a similar service using their London office to do the transfer.
However i also use the online Transferwise service, 1% fixed fee, and guarantee bank base rate. |
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Andrew
Top Contributors Joined: 27/December/2008 Location: UK or Algarve Status: Offline Points: 7259 |
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1.1824 this morning.
As a consequence, share prices are generally down, it's an interesting see saw. |
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Andrew
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cameroncleggout
Senior Member Joined: 14/September/2013 Location: Fylde Coast Status: Offline Points: 346 |
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Got a few hundred euros being delivered today, however only got 112.31 to the euro ( Santander )so your 118 is exceptional
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cameronout
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port princess
Senior Member Joined: 05/April/2013 Location: Scotland Status: Offline Points: 337 |
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Have used Diceys method for a few years now it was great advise so many thanks I just email them and monies are in that evening .
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Portprincess
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stuart123
Newbie Joined: 21/October/2015 Status: Offline Points: 195 |
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I've also heavly used transferwise - they charge a flat 1% on transfers and use the bank base rate at the time of the transfer.
I have saved thousands in transfer fees using them :-) |
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cubsur
Moderator Group Joined: 26/January/2006 Status: Offline Points: 26489 |
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1.12 for cash in town today.
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Albufeira Resident
www.algarvebus.info public transport information for the Algarve |
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Andrew
Top Contributors Joined: 27/December/2008 Location: UK or Algarve Status: Offline Points: 7259 |
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I got the aforementioned 1.18 on a 'modest' amount transferred earlier today. FairFX.
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Andrew
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DICEYUK
Top Contributors Joined: 05/April/2011 Location: Norfolk/Algarve Status: Offline Points: 3381 |
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Above 1.19 morning
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I hate how peopleï compare Frank Zappa to God. I mean, he's cool and great and nice and everything, but he's no Zappa.
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tonisdad
Senior Member Joined: 24/November/2010 Location: United Kingdom Status: Offline Points: 1060 |
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Just had the misfortune to have spent a few days in Benidorm where all the exchanges were to my surprise paying 1.17. Quite a bit more than the exchanges pay in Albufeira.
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Andrew
Top Contributors Joined: 27/December/2008 Location: UK or Algarve Status: Offline Points: 7259 |
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Today's bank rate.... 1.192
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Andrew
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DICEYUK
Top Contributors Joined: 05/April/2011 Location: Norfolk/Algarve Status: Offline Points: 3381 |
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Mid 1.16's this morning
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I hate how peopleï compare Frank Zappa to God. I mean, he's cool and great and nice and everything, but he's no Zappa.
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Andrew
Top Contributors Joined: 27/December/2008 Location: UK or Algarve Status: Offline Points: 7259 |
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Probably because the other side of the see saw, the FTSE, reached a record high yesterday.
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Andrew
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