making a sterling transfer to pay for a car

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frugal90
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making a sterling transfer to pay for a car

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Post by frugal90 »

I am sure someone will have the answer to the question.

What is the easiest way to pay a car dealer for a car in sterling,?. Say £10/£12 K

from the UK?

is there any easy way?

thanks in advance

gates
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Re: making a sterling transfer to pay for a car

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Post by gates »

Do bank transfer. It takes 4 days from your bank to his

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Re: making a sterling transfer to pay for a car

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Post by forestpixie »

gates wrote:
Wed 30 Aug 2023 10:44 am
Do bank transfer. It takes 4 days from your bank to his
Agreed, we did it with Tiga. Very quick

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Re: making a sterling transfer to pay for a car

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Post by susiesusie »

Is there a charge for the service from the UK bank or receiving here

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Re: making a sterling transfer to pay for a car

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Post by gates »

Not much your end £30 here or used to be

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Re: making a sterling transfer to pay for a car

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Post by alphamike »

It really depends on which banks are used, as it can be a lot more than £30. I think it's cheaper if it arrives at a Turkish, rather than local bank here.
If you are here, the cheapest method I have found is using Western Union via Post Office online, and picking it up at a branch of Iktisat bank. Costs £1.90 for up to £8000 now I think. Not used the service for a while, so you'd have to do your own research.

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Re: making a sterling transfer to pay for a car

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Post by frugal90 »

Thanks will take a look at western union

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Re: making a sterling transfer to pay for a car

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Post by Nc2016 »

I used Garanti several years ago. When I questioned the cost - next time I’ll waive the charges . Needless’y to say, there hasn’t been a next time

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Re: making a sterling transfer to pay for a car

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Post by alphamike »

Frugal90, few links for you. Was too tired the other day, had just arrived back from Scotland.

https://www.postoffice.co.uk/internatio ... y-transfer
Now it says through PO link you can transfer up to £8000 for £1.90
If you go straight through Western Union it's only £4000. I guess you can only try it out and see. I think the first transaction with them is free, but then £4.90 charge, so maybe freebie with Western Union first and 2nd transfer through PO if you need £10000-12000
You'll have to register with Western Union.
You then have to make an appointment with Iktisat bank for pick up, and take your passport and transaction no. issued by Western Union.
https://www.iktisatbank.com/western-uni ... tment-form

It sounds a bit of a faff, but it's really easy. Hope that all helps a bit.

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Re: making a sterling transfer to pay for a car

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Post by ginge »

frugal90 wrote:
Wed 30 Aug 2023 9:52 am
I am sure someone will have the answer to the question.

What is the easiest way to pay a car dealer for a car in sterling,?. Say £10/£12 K

from the UK?

is there any easy way?

thanks in advance

Pay on your bank debit card.

I've literally just got off the phone transferring £12k to a car dealer here & at the end of the conversation the bloke said 'why didn't you do this on your card!!'

Could've saved me half an hour of inane questions & £20 in fees.

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Re: making a sterling transfer to pay for a car

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Post by mrsgee »

If you are with hsbc, they have a global card account which is great. We bought a car earlier in the year, transferred all the money, sterling to the dealers bank account no charges at all, took a couple of days. It works a bit like revolut and wise, good exchange rates, no charge.

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Re: making a sterling transfer to pay for a car

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Post by frugal90 »

alphamike wrote:
Thu 31 Aug 2023 7:43 am
Frugal90, few links for you. Was too tired the other day, had just arrived back from Scotland.

https://www.postoffice.co.uk/internatio ... y-transfer
Now it says through PO link you can transfer up to £8000 for £1.90
If you go straight through Western Union it's only £4000. I guess you can only try it out and see. I think the first transaction with them is free, but then £4.90 charge, so maybe freebie with Western Union first and 2nd transfer through PO if you need £10000-12000
You'll have to register with Western Union.
You then have to make an appointment with Iktisat bank for pick up, and take your passport and transaction no. issued by Western Union.
https://www.iktisatbank.com/western-uni ... tment-form

It sounds a bit of a faff, but it's really easy. Hope that all helps a bit.
Thanks for taking the time to share this information

frugal90
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Re: making a sterling transfer to pay for a car

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Post by frugal90 »

ginge wrote:
Thu 31 Aug 2023 2:15 pm
frugal90 wrote:
Wed 30 Aug 2023 9:52 am
I am sure someone will have the answer to the question.

What is the easiest way to pay a car dealer for a car in sterling,?. Say £10/£12 K

from the UK?

is there any easy way?

thanks in advance

Pay on your bank debit card.

I've literally just got off the phone transferring £12k to a car dealer here & at the end of the conversation the bloke said 'why didn't you do this on your card!!'

Could've saved me half an hour of inane questions & £20 in fees.

Aha, so if I use my Halifax card but are paying in sterling for goods, no charge!! Probably more protection as well

alphamike
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Re: making a sterling transfer to pay for a car

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Post by alphamike »

frugal90 wrote:
Thu 31 Aug 2023 4:28 pm
ginge wrote:
Thu 31 Aug 2023 2:15 pm
frugal90 wrote:
Wed 30 Aug 2023 9:52 am
I am sure someone will have the answer to the question.

What is the easiest way to pay a car dealer for a car in sterling,?. Say £10/£12 K

from the UK?

is there any easy way?

thanks in advance

Pay on your bank debit card.

I've literally just got off the phone transferring £12k to a car dealer here & at the end of the conversation the bloke said 'why didn't you do this on your card!!'

Could've saved me half an hour of inane questions & £20 in fees.

Aha, so if I use my Halifax card but are paying in sterling for goods, no charge!! Probably more protection as well
If it's a Halifax Clarity card you should be fine. I know my ordinary Halifax and Bank of Scotland debit cards charge a bit, but can't remember how much, been a very long time since I've used them, having better cards to use here now.

frugal90
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Re: making a sterling transfer to pay for a car

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Post by frugal90 »

It's not clarity card but I do have starling and revolut

alphamike
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Re: making a sterling transfer to pay for a car

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Post by alphamike »

Check on paying in £ on both Starling and Revolut cards abroad. I'd hate to say you wouldn't be charged when I don't know. I've got both, but only pay in TL here.

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