Anyone know anything about penalties / commisions on currency transfers from

[eliquant]

Anyone know anything about penalties / commisions on currency transfers from ones own UK domestic current account to one's own current account say based in France / Spain / Portugal ?

Opening a current account in these countries is actually easy for me, I'm talking about transferal of sums of money in the order of 2 x 300,000 GBP to Euro.

If there are large levies/commisions associated with these types of transaction does anyone out there know any ways to get around these or at
least to minimise them ?????

[BolshieBastard]

You need to contact a currency trading firm otherwise you'll pay silly commission on poor exchange rates. Do NOT use your bank for this as they'll fleece you.

Search the net for these but essentially, you're looking for someone like this http://www.xe.com/fx/how.htm

Avoid anyone who only offers you 'tourist rate' exchange rates.

[lexington_spurs]

try currencyuk.co.uk


etc