Can one issue a cheque specifying Euros from a Brit bank account, and, if
one
does, is one loable to receive a hefty fee from one's local bank?

On Sun, 10 May 2015 19:35:16 +0100, gareth wrote:

Can one issue a cheque specifying Euros from a Brit bank account

Very unlikely.

is one loable to receive a hefty fee from one's local bank?

My bank (FD) charges me less than a fiver for a transfer to a Eurozone
account.

On 10/05/2015 19:35, gareth wrote:
Can one issue a cheque specifying Euros from a Brit bank account, and, if
one
does, is one loable to receive a hefty fee from one's local bank?

You would need a Euro bank account to do that, which I assume you don't,
or you probably wouldn't be asking.

You can usually pay by bank transfer. For this, you will need the full
name and address of both the recipient and of their bank, the bank's
Banking Identifier Code (BIC) or SWIFT code and the recipient's bank
account number, or, preferably, their IBAN (International Bank Account
Number).

There are also international money transfer agencies, but these are not
regulated in the same way as banks and, if one fails while it has your
money, which happened recently, you could lose the money.

--
Colin Bignell

On Sunday, 10 May 2015 20:31:27 UTC+1, Nightjar wrote:

There are also international money transfer agencies, but these are not
regulated in the same way as banks and, if one fails while it has your
money, which happened recently, you could lose the money.

and IMLE they can be a bit dodgy

On 10 May 2015, Nightjar "cpb"@ insert my surname here.me.uk
grunted:

On 10/05/2015 19:35, gareth wrote:
Can one issue a cheque specifying Euros from a Brit bank account,
and, if one
does, is one loable to receive a hefty fee from one's local bank?

There are also international money transfer agencies, but these are
not regulated in the same way as banks and, if one fails while it has
your money, which happened recently, you could lose the money.

My bank (RBS) charges a ****load to do this, and on rare occasions (maybe
around annually?) I need to do this, usually for holiday-related reasons,
over the past 2-3 years I've use Transferwise. They've been very good; as
it happens I transferred 510 Euros to Portugal yesterday, which cost me in
total 374.85 GBP. The equivalent (1-2 day) service from RBS would have
been 30 GBP extra, or 10 GBP extra for a slower service. It's particularly
good when you're talking about transferring small sums - like being charged
a fee of 30 GBP to transfer 20 quid to Europe!

As Colin says, you aren't protected against them going bust on the day you
do your transfer, and I think I'd sweat a bit if I was using them to buy a
house or something! And I'd always use a credit card in preference if
possible.

If the OP's interested - suggest you sign up using my referral link, and
they'll give you a free first transfer (and me a kickback):
https://transferwise.com/u/b3dbf

--
David

On 10/05/2015 19:35, gareth wrote:
Can one issue a cheque specifying Euros from a Brit bank account, and, if
one
does, is one loable to receive a hefty fee from one's local bank?




You may find that the seller will refuse it because he is the one that
will be subject to hefty fees to cash it or put it through his account.


--
mailto: news {at} admac {dot] myzen {dot} co {dot} uk

Eurocheques do have a cost, but that varies. I found when I was a business,
if I had a Euro facility it cost me quite a bit. I don't see the banks
changing their nasty way of making moneyany time soon.
Brian

--
From the Sofa of Brian Gaff Reply address is active
"gareth" wrote in message
...
Can one issue a cheque specifying Euros from a Brit bank account, and, if
one
does, is one loable to receive a hefty fee from one's local bank?

On Mon, 11 May 2015 08:17:08 +0100, Brian-Gaff wrote:

Eurocheques do have a cost

Eurocheques were discontinued nearly a decade and a half ago.

Brian-Gaff wrote:
Eurocheques do have a cost, but that varies. I found when I was a business,
if I had a Euro facility it cost me quite a bit. I don't see the banks
changing their nasty way of making moneyany time soon.

Eurocheques (if you really mean that specific way of sending foreign
currency) were discontinued many years ago.

--
Chris Green
·

On 10/05/2015 19:35, gareth wrote:
Can one issue a cheque specifying Euros from a Brit bank account, and, if
one
does, is one loable to receive a hefty fee from one's local bank?

If you're buying can you not use a credit or debit card? They'll do the
conversion for you.

--
F

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