From: colinstone@hotmail.com (Rob)
Newsgroups: uk.finance
Subject: Use of debit card to transfer cash to Dutch bank
Date: 8 Feb 2004 00:16:44 -0800
Anyone out there have experience of using a debit card to transfer
cash to a foreign bank????
I want to transfer sterling in UK to a dutch bank and convert into
Euros using a Nationwide FlexAccount Visa debit card. The reason is
that the NW debit card does foreign currency transactions at the
market rate - there is no charge or loading on the exchange rate - so
an approx 2-3% better rate than using a normal bank to bank transfer.
On a large sum, that is a reasonable saving.
I guess it depends on the dutch bank being able to take a debit card
payment.
TVMIA
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