How can we pay less?

All to do with money - Banks, Insurance, Savings, Exchange Rates...

Moderators: Soner, Dragon, PoshinDevon

Post Reply
Marisa
Kibkommer
Kibkommer
Posts: 120
Joined: Thu 25 Jul 2013 3:12 pm

How can we pay less?

  • Quote
  •   Message 1 of 5 in Discussion

Post by Marisa »

My husband receives his pensions into NatWest bank's debit card. And every time he withdraws money from the card he loses 5 pounds ( bank's fee).

Are there any ways of receiving money from the UK and pay less?

mickhm
Kibkommer
Kibkommer
Posts: 515
Joined: Tue 15 May 2012 5:08 pm

Re: How can we pay less?

  • Quote
  •   Message 2 of 5 in Discussion

Post by mickhm »

I gave up on Nat West when I moved to Cyprus. I opened a UK HSBC account and my pensions are paid into that. I use my HSBC debit card to withdraw gsterling from TEB machines {no charge} then change into Lira at any exchange place {usually Monex in Girne}. No costs to us at all.
good luck with Nat West worse bank I have ever used.
Mick
As I got older I congratulated myself on my tolerance..... Now I realise I just don't give a "ooops"

kerry 6138
Kibkommer
Kibkommer
Posts: 1148
Joined: Mon 05 Oct 2015 6:38 pm

Re: How can we pay less?

  • Quote
  •   Message 3 of 5 in Discussion

Post by kerry 6138 »

This thread has some useful information on avoiding charges

http://www.kibkomnorthcyprusforum.com/v ... it=Revolut

Marisa
Kibkommer
Kibkommer
Posts: 120
Joined: Thu 25 Jul 2013 3:12 pm

Re: How can we pay less?

  • Quote
  •   Message 4 of 5 in Discussion

Post by Marisa »

Thank you very much for your answers. Very interesting...

JoandJelly
Kibkommer
Kibkommer
Posts: 1313
Joined: Wed 11 Apr 2012 6:55 pm

Re: How can we pay less?

  • Quote
  •   Message 5 of 5 in Discussion

Post by JoandJelly »

mickhm wrote:I gave up on Nat West when I moved to Cyprus. I opened a UK HSBC account and my pensions are paid into that. I use my HSBC debit card to withdraw gsterling from TEB machines {no charge} then change into Lira at any exchange place {usually Monex in Girne}. No costs to us at all.
good luck with Nat West worse bank I have ever used.
Mick
Withdrawing sterling abroad is not free for all HSBC accounts (only Premier I believe). I am charged 2% per transaction to a maximum of £5 on my UK account.

Post Reply

Return to “FINANCE - Kibkom North Cyprus Forum”