Anyone bank with Ziraat here?

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

Moderators: Soner, Dragon, PoshinDevon

Post Reply
alphamike
Kibkommer
Kibkommer
Posts: 1708
Joined: Wed 10 Aug 2016 8:20 am

Anyone bank with Ziraat here?

  • Quote
  •   Message 1 of 8 in Discussion

Post by alphamike »

Am trying to find out what Ziraat bank charges for receiving Sterling from UK, to a Sterling account with Ziraat bank here. I cannot find details on the website.
It's to transfer approx £4000 to someone doing work for me, I don't have an account with them. The recipient doesn't have a clue and asked me to check. :roll:

I do have other options, just trying to do it with the least charges and would like to compare.

Saddique
Kibkommer
Kibkommer
Posts: 242
Joined: Fri 16 Nov 2018 2:55 am

Re: Anyone bank with Ziraat here?

  • Quote
  •   Message 2 of 8 in Discussion

Post by Saddique »

Hi Alphamike - last time i asked Ziraat for fees to do a swift transfer back to UK they said between £150 - £250 per £25k ........... which is ridiculous

However if you are receiving money to a Ziraat, then i have received swift payments from UK with no charge ( deductions ) made by them .

But please double check with Ziraat just to confirm.

alphamike
Kibkommer
Kibkommer
Posts: 1708
Joined: Wed 10 Aug 2016 8:20 am

Re: Anyone bank with Ziraat here?

  • Quote
  •   Message 3 of 8 in Discussion

Post by alphamike »

That's great Saddique, thank you very much.

stereotomy
Kibkommer
Kibkommer
Posts: 117
Joined: Wed 17 Oct 2018 2:22 am

Re: Anyone bank with Ziraat here?

  • Quote
  •   Message 4 of 8 in Discussion

Post by stereotomy »

Why dont you use revolt or wise and transfer directly in TRY?

Their rates & transfer fees are much better
https://www.youtube.com/watch?v=yE6Fz01Q2WI

alphamike
Kibkommer
Kibkommer
Posts: 1708
Joined: Wed 10 Aug 2016 8:20 am

Re: Anyone bank with Ziraat here?

  • Quote
  •   Message 5 of 8 in Discussion

Post by alphamike »

Thanks Stereotomy, they were amongst my other options, but Sterling is what is needed in this case.

Joe Soap
Kibkommer
Kibkommer
Posts: 145
Joined: Thu 12 Apr 2012 7:33 pm

Re: Anyone bank with Ziraat here?

  • Quote
  •   Message 6 of 8 in Discussion

Post by Joe Soap »

Have you tried Turkbank. £30 to xfer £3k in sterling. Just a small amount for the extra £1k.

Money is xfrd via the Turkbank in London to the local branch.

Maybe worth your while and pocket to check with TRNC Turkbank.

alphamike
Kibkommer
Kibkommer
Posts: 1708
Joined: Wed 10 Aug 2016 8:20 am

Re: Anyone bank with Ziraat here?

  • Quote
  •   Message 7 of 8 in Discussion

Post by alphamike »

Thanks Joe Soap for the info. Afraid that I don't have a UK Turkbank account, and I am in TRNC.

My Halifax bank charges me £9.50 to transfer money abroad, no matter the amount. I just didn't want the guy who's doing the work for me to incur charges at Ziraat.

I just took the bull by the horns today and transferred money via Western Union online at a cost of £4.90, and went down and picked it up at Iktisat bank in Karakum. The max you can send here in GBP is £4000 with Western Union, so it was worth it for that amount. Cheaper than frequent trips and charges at ATMs to take out Sterling.

I will get him to check at Ziraat himself to confirm there will be no charges at his end, as I will be using him for other jobs in the future. Or I will pop in myself next time I am passing a branch.

Thanks to all for input, much appreciated.

laptatony
Kibkommer
Kibkommer
Posts: 625
Joined: Tue 03 Jul 2012 7:35 pm

Re: Anyone bank with Ziraat here?

  • Quote
  •   Message 8 of 8 in Discussion

Post by laptatony »

Try TEB bank I have used them in the past, more reasonable than some others. Also drawing GBP from their cash point with certain UK/Building society bank cards, no charge
Speak with [email protected]

Post Reply

Return to “FINANCE - Kibkom North Cyprus Forum”