My in-laws have used HIFX a few times when buying properties in Spain. Everything was done over the 'net, and therefore given that the in-laws are limited 'techies' I did most of the work for them. The simple answer is yes- HIFX are good, and everything went well. They keep you up to date on line via contract number, and you can chjeck the status of the transfer etc. To be honest the only problem we had was with the banks over here and transferring the funds to HIFX.
Open a Natiowide account you can use the debit card anywhere in the world free of charge, you do not have to have a regular amount of money put into the account, we have used ours in Goa, Prague, France, Turkey and Spain so far with no problems and no charges, exchange rate has always been good as well
Very good rates, very friendly and helpful, and efficient.
I would pop into the Nationwide or Halifax and ask them because I seem to remember if you have and account with them and you draw cash from another countries ATM you do not pay any charges.
I have just come back from a month there and did use my cash card.The problem was the charges for using it?Is there a way of using a cash card without charges????
With regard to HIFIX they are very good and I would recommend then to anybody and as 1 poster said it can all be monitored on the internet if you set up an account with them and have money pain into a foreign account say every month then you will get an email notification when it has taken place. The rate would of course be a little lower than the normal inter bank rate you would get if you were to send a large amount of money to another country so is it a little bit of swings and roundabouts.
If you are going to transfer a large amount of money in one go the you should also look at Currencies Direct and play one of against the other to get the best exchange rate, don't let either of the push you around and never go for the first quote the give you always say can you do a little better please and quite often they will.
We have the Nationwide flex account which we always use when on holiday, brilliant - no charges and good exchange rates.
We have also opened a £ account with Banca March in London who in turn have opened a € account for us in Tenerife. Any money transfered between the two accounts is done by one phone call, there are no charges and very good exchange rates. The more money you transfer the better the rate.
You are best talking to them on the phone and they will advise you on the best options then you can compare these to what other companies have to offer. Hope this helps
HIFIX are very efficiant abd I have had no problems when I have used them, they offer a discounted fee for regular users instead of paying £12 per transaction they will charge £5.
Sorry to disagree with you but you should not be paying any fee at all I have money sent over every month as well as lump sums and never been charged a fee yet even in the Spanish back charge a fee to receive you money just let HIFIX know and they will repay you the fee.
Please see this link
A1gjv states that s/he sends on a regular basis and is not charged.
Get in touch with them and query their charges
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