Receiving money from abroad - bank charges

[Annacabana]

Hello,

I am paid by my employer from a foreign bank account and whenever money is transferred to my Greek bank account (Eurobank) I am charged a receiving charge.

Does anyone know if there are any banks here in Greece which do not charge for receiving payment from foreign banks?

Thank you,

Anna

[MartinKearns]

Originally Posted by Annacabana

Hello,

I am paid by my employer from a foreign bank account and whenever money is transferred to my Greek bank account (Eurobank) I am charged a receiving charge.

Does anyone know if there are any banks here in Greece which do not charge for receiving payment from foreign banks?

Thank you,

Anna

Hi Anna

You will be very lucky to find a bank anywhere in the world which does not charge for international money transfers.... I don't believe that such a bank exists, but good luck!

[Annacabana]

Originally Posted by MartinKearns

Hi Anna

You will be very lucky to find a bank anywhere in the world which does not charge for international money transfers.... I don't believe that such a bank exists, but good luck!

Hi,

When I used to live in Cyprus and transfer money to my British bank account, I wasn't charged by my British bank for receiving the money. I just hoped that I'd be able to find one here so i didn't lose money each payday!

[tpebop]

Hi Anna. Dont know if this is the answer for your problem. We have our British pensions paid into our Nationwide account. We then use ATMs to draw cash in euros. There are no fees involved.

[Cairokid]

Originally Posted by tpebop

Hi Anna. Dont know if this is the answer for your problem. We have our British pensions paid into our Nationwide account. We then use ATMs to draw cash in euros. There are no fees involved.

Wow! that is good. we get charged a couple of euro every time we withdraw money from an ATM. Which bank's ATM do you use?

Anna, are you being paid in euro or another currency?

[tpebop]

hi. We use any Greek Bank .Which ever is nearest when we want CASH

[Cairokid]

Originally Posted by tpebop

hi. We use any Greek Bank .Which ever is nearest when we want CASH

How much do you get charged for withdrawals from an ATM? It will tell you on you bank satement. I thought this was an expensive way to operate but maybe I am wrong.

[tpebop]

hi As I said earlier we DO NOT GET CHARGED for using ATMs

[Cairokid]

Originally Posted by tpebop

hi As I said earlier we DO NOT GET CHARGED for using ATMs

That sounds great.I would like to investigate this for ourselves as we get charged on every transactions.

Which bank are you with?

What sort of account is it? What account charges do you pay?

Do you have a euro account with them or a sterling one? If a sterling one what sort of exchange rate do you get?

Can you withdraw from an ATM at any bank without charges?

Is there a maximum daily amount you can withdraw?

Sorry for all the questions but we pay a lot in bank charges each year so any way of reducing them would be fantastic.

Many thanks.

[tpebop]

Hi . As I said BEFORE we have a Nationwide account. Its a Flex account in Sterling.Which is how it shows on our internet banking statement. We of course with draw euros. There are no charges for operating the account or for making withdrawls if you live in an EU country.No Greek bank we have used has charged for using their ATM.We have a daily limit of £300 . The exchange rate is the one for the day you use an ATM