Bank payments to UK from other EC countries
Thread poster: liz green

liz green
Local time: 13:30
Member (2005)
French to English
Feb 8, 2014

French clients are reporting increased bank charges when paying my invoices from their French accounts to my UK account and I have been looking into alternatives to the traditional bank transfer route. Has anybody used TransferWise to transfer money? They offer a peer-to-peer style system of arranging transfers and are very cheap and, apparently, reliable. However, it appears they are not covered by compensation through the FSCS and therefore transferring money presents a certain risk. Has anyone used TransferWise, or can you recommend other means of obtaining payments from other EC countries (apart from the excessively expensive PayPal)?

 

Hazel Underwood  Identity Verified
United Kingdom
Local time: 13:30
Member (2005)
German to English
+ ...
Who do you bank with? Feb 8, 2014

I thought SEPA transfers which are pretty much common practice throughout the EU now were relatively cheap these days.

 


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Bank payments to UK from other EC countries

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