Transferring money costs

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Old 13th September 2019, 04:53 PM
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Default Transferring money costs

Do your banks charge to transfer from one bank to another. Wanted to transfer from La Caixa to Santander but there was a charge. Is this normal ?

I’m not charged when paying goods via bank transfer

Thanks in advance

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Old 13th September 2019, 06:01 PM
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La Caixa charges for transfers to other banks, but not to other Caixa accounts.

I used to have a Santander account and they didn't charge, but that was a few years ago.
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Old 13th September 2019, 06:40 PM
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Sabadell Charge 90 centimos for instant transfer between banks, zero if for next day.
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Old 13th September 2019, 07:55 PM
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Quote:
Originally Posted by blondebob View Post
Sabadell Charge 90 centimos for instant transfer between banks, zero if for next day.
90 cents for doing nothing. The banks must be stuffed for cash if they have started to charge for bank transfers.

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Old 13th September 2019, 09:02 PM
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Cash withdrawal, then cash deposit, no charge.

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Old 14th September 2019, 10:49 AM
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Quote:
Originally Posted by Hepa View Post
Cash withdrawal, then cash deposit, no charge.
Some even charge for depositing cash these days, if you don't have an account there.

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Old 5th October 2019, 03:46 PM
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La Rural aka Caja de Granada aka a Million Other Names have started charging this month.

I was charged €1.50 for transferring €290 from my Rural account to the Ayuntamiento's Rural account. I tried working out why from their documentation but there are so many charges and levels that I gave up.

Maybe they want to skim profits from people who use banking apps to give money to their family and friends rather than use cash (for a meal or something).

I have an account with these people https://n26.com/en-es I'll have to start using it!

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Old 5th October 2019, 05:48 PM
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Quote:
Originally Posted by blondebob View Post
Sabadell Charge 90 centimos for instant transfer between banks, zero if for next day.
It all depends what account you have.

We have the Sabadell Expansion account and aren't charged for ANYTHING.

If you don't want charges and don't want to deposit the minimum, get an online account - these are completely FREE

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Old 5th October 2019, 06:13 PM
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It all depends what account you have.

We have the Sabadell Expansion account and aren't charged for ANYTHING.

If you don't want charges and don't want to deposit the minimum, get an online account - these are completely FREE
Yes my mistake for not saying that this is for basic savings accounts. I personally thought that 90 centimos was fair to guarantee instant transfer.
Looked at the expansion account but thought that it was way too top heavy to be of any advantage.
Our main account is at La Caixa which offers us very similar but without having to deposit €3,500 per month and have €75,000 minimum deposited with them in one of their savings products.

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Old 5th October 2019, 06:24 PM
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Quote:
Originally Posted by blondebob View Post
Yes my mistake for not saying that this is for basic savings accounts. I personally thought that 90 centimos was fair to guarantee instant transfer.
Looked at the expansion account but thought that it was way too top heavy to be of any advantage.
Our main account is at La Caixa which offers us very similar but without having to deposit €3,500 per month and have €75,000 minimum deposited with them in one of their savings products.
I have a Sabadell Expansion account, and I only have to deposit a minimum of €700 per month. There is no requirement to have any savings product with them. The conditions don't appear to have changed since I opened the account, have just checked them.

https://www.bancsabadell.com/cs/Sate...1346505022/en/

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