High bank charges sending money to Portugal

Portugal › Finance, Currency, Insurance & Taxes › High bank charges sending money to Portugal

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  • 17/03/2022 at 8:38 AM #120550
    tampipe

      Hello All,
      I’m buying an apartment in Albufeira and was horrified by the bank charges and their rates when I asked about sending money to Portugal. Can anyone advise me on the best way to send money to Portugal?

      Cheers
      John

      17/03/2022 at 8:56 AM #120554
      tinkerne

        Banks are getting better, but still not the best way to send money overseas.

        I would recommend using foreign exchange specialist. There are loads of them out there.

        17/03/2022 at 8:59 AM #120555
        tinwriting

          We used these guys http://www.hawkfx.com.

          They helped me protect the cost of my property by locking in the exchange rate for the balance payment.

          I also got an excellent rate on the deposit payment.

          Saved me over £2,700.

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