Transferring the loot Forums

passionwagon

Just a general note to remember the whole EU subscribes to the money laundering rules which stipulate ALL transactions (cheque and cash) over £10000 or euro equivalent must be reported to the national authorities by the trader .The authorities then decide whether or not to call in the transaction for examination. So your valid cheque or draft or cash may be put into suspense-better to clear before hand!
Also notes of 500 and 350 euros are the most forged that is why many places will not accept. Case last year of a Brit being interviewed about the duds he tried to pass having got them from a UK bank!!!!
Mind how you go. Laughing

androidGB

After recommending "Currencies Direct" I had a very bad experience with them on my recent transaction, please read it

subaru

I use a firm called moneycorpe. they charge about £50 and are very helpfull. p.m for more details if needed.

warbird

Hi, When we bought our new Adria in 2005 we paid for it by debit card, £36,500
The transaction did NOT go through! which put us in a very embarrassing situation, the bank then informed us that the most you could pay through a debit card was £30,000 so we then transferred £6,500 into another account & paid the rest from that account, so be warned! Also, It seems that the most a company can accept from a customer is £5000 cash, any more & it has to be in the form of a cheque, bank draft of card.
Hope this helps........................................

1946

we always went with the cash !! Compare the High Street travel agencies and ask for a bankers rate and not the tourist rate as it is a large amount of money. Ask your own bank for this aswell. If for example the tourist rate would be £1.42, we would get a bankers rate at £1.46 or £1.47.
Good luck.

Maddie

beagle

I used Currencies Direct and found them very helpful and the money went through without problem.

I did consider using

androidGB

Hi Beagle,

I'm glad your transaction with Currencies Direct went through without incident, as indeed my first one did.

The point I was making was not so much the cock up I experienced, but more the total lack of response by the top management, even to the point of not acknowledging a recorded delivery letter and follow up email.

Andrew

beagle

Hi Andrew

I wasn't responding to your post in particular - sorry if I appeared to be disputing your point, wasn't intended. It is awful to be let down in the way you were. They obviously must realise how important such transactions are for people - and how serious the consequences of not doing their job properly could be. Not responding to your letter is appalling.

John

androidGB

Hi John,

Thanks for that, and I hope my reply didn't come across as hostile in any way.

Having been in business for many years I know things can go wrong, it's what you do about it that counts.

The girl who did the transfer at CD did well to get the funds there in less 24 hours, once she was aware of the problem. All I needed was an apology and an explanation from the MD and that would have been that.

Not responding in any way to a genuine complaint is about as bad as it gets.

Andrew

babyrhino

I just bought privately in Germany for 38,000 Euro - cash! Seller wouldn't have it any other way. I actually collected the cash from various places at various rates - didn't actually know what I was doing but got better as I went along and finally got pretty good rate from MoneyCorp for the final half.

Because of timing had to go and collect it from London, mind you!

Handed over the full stash to seller on Monday evening and he brought the van round on Tuesday morning - said it would be about nine - starting to get slightly nervous by the time he turned up at 9.12!

That may sound extremely gullible but I was confident............

Funnily enough, apart from providing ID to MoneyCorp - passport and utility bill - no one asked me for anything or mentioned money laundering.

Didn't like the post about large note forgeries! I'm visiting the seller later in the year in Spain - hope he hasn't found any by then.

Brian