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Old 2nd June 2018, 08:53   #1 (permalink)
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sterling transfer from uk

Hi, what is the most cost effective way to transfer large sums of sterling from the uk to a turkish bank, without incurring charges?
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Old 2nd June 2018, 09:43   #2 (permalink)
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Re: sterling transfer from uk

If you bank with HSBC and you are a premier customer, that is, you have more than 100,000tl in the bank. Then you can transfer money from UK to Turkey with no charges
Warren

P.s. forgot to add that it is free if you have HSBC bank account in the UK as well as in Turkey

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Old 2nd June 2018, 10:14   #3 (permalink)
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Re: sterling transfer from uk

Transferwise......I pull 1K and Month from UK cost me 10 + a little on the currency conversion....I highly recommend!! I've used it for a couple of years now....Transaction generally take a couple of days.....The first one was longest because of the new setup....and that took 3 days....

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Old 2nd June 2018, 10:37   #4 (permalink)
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Re: sterling transfer from uk

I must admit I have used Transfer wise for other things like paying for long stay hotels in Goa and they have been good. Certainly recommend them. xx
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Old 2nd June 2018, 19:39   #5 (permalink)
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Re: sterling transfer from uk

Sterling straight out of TEB ATM no charge up to 300 a day .
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Old 2nd June 2018, 23:02   #6 (permalink)
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Re: sterling transfer from uk

Azimo charge 99p any amount.It is usually in your Turkish account later same day.
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Old 2nd June 2018, 23:05   #7 (permalink)
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Re: sterling transfer from uk

I have that amount and the last time I transferred the Turkish HSBC charged me 23 pounds-which I obviously complained about and was told it was head Office decision even though it was free in the past.I now use Azimo for 99p no comparison !
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Old 3rd June 2018, 04:57   #8 (permalink)
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Re: sterling transfer from uk

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Originally Posted by enoch View Post
Sterling straight out of TEB ATM no charge up to 300 a day .
I think the charge must depend who in UK you bank with or what kind of account you have.
I bank with HSBC (uk) and was withdrawing 300 and was being charged I think 4 a transaction. You can increase your daily withdrawal limit by calling your bank and arranging a new limit. I now withdraw 600 a day and am charged 5 a transacation.


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Old 3rd June 2018, 07:13   #9 (permalink)
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Re: sterling transfer from uk

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Originally Posted by A89 View Post
I think the charge must depend who in UK you bank with or what kind of account you have.
I bank with HSBC (uk) and was withdrawing 300 and was being charged I think 4 a transaction. You can increase your daily withdrawal limit by calling your bank and arranging a new limit. I now withdraw 600 a day and am charged 5 a transacation.


alison
Very strange! I also bank with HSBC UK, have done since 1986, and have been withdrawing Sterling for several years now. I have never been charged for Sterling withdrawals in Turkey, or in Egypt. My daily withdrawal limit was increased to 500 by HSBC, without a request from me, when I received a new debit card last year.
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Old 3rd June 2018, 07:39   #10 (permalink)
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Re: sterling transfer from uk

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Originally Posted by Yildez Datca View Post
Very strange! I also bank with HSBC UK, have done since 1986, and have been withdrawing Sterling for several years now. I have never been charged for Sterling withdrawals in Turkey, or in Egypt. My daily withdrawal limit was increased to 500 by HSBC, without a request from me, when I received a new debit card last year.
Yes that is strange. I did used to get free international withdrawals with my premier account and I think maybe also with this basic current account when I was having monthly income paid into it.


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