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Old 6th February 2020, 12:12   #31 (permalink)
A89
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Re: Close Garanti Bank Account

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Originally Posted by kevkj View Post
Could you not have changed your Lira into your Garanti Sterling account and done the transfer in Sterling through Transferwise.
You cant send and receive the same currency.


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Old 6th February 2020, 12:45   #32 (permalink)
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Re: Close Garanti Bank Account

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So was right Alison,it goes through Fiba bank .The charges or considerably more .If the bank had done it she would have got extra charges because it goes through a third party. But a god result and info . Just been onto TW they are asking 2670 tl to send 400000 , I have one acc in Fibabank i checked the ex rate it was slightly better than TW after all deductions .
I got a better deal re charges when I sent Euros, I'm sure theres a reason for that but dont understand what it ıs.


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Old 6th February 2020, 17:31   #33 (permalink)
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Re: Close Garanti Bank Account

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I got a better deal re charges when I sent Euros, I'm sure theres a reason for that but dont understand what it ıs.


alison
Probably because are a more desirable currency at the mo.
TW is not a bank, it's a currency exchange service and they match buyers to sellers across the open market. They do not offer banking facilities but have just started issuing a debit card which you can link with a bank a/c and will give charge free transactions up to 200pm.See below.

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