Transferring money from the UK to the Eurozone involves, of course, a currency exchange. However, since the UK is (still) part of the EU, and the SEPA zone, shouldn't the transfers be easier than when transferring from, say, the USA or India?
November 2020
Banks make no money from sending SEPA payments as the fees are either free or really cheap. BUT, surprise surprise, many banks force their customers to send SWIFT payments or Wire transfers, which tend to be both slower and more expensive. Here's your guide to avoiding making a SWIFT payment by...
February 2018