If it's in a foreign currency there is usually a loading charge
Foreign currency bought with a credit card is treated as a cash advance EXCEPT with Amex when the currency is bought from Amex
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| Money transfer advice http://x404.co.uk/forum/viewtopic.php?f=3&t=20745 |
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| Author: | okenobi [ Mon Dec 09, 2013 1:02 pm ] |
| Post subject: | Money transfer advice |
Help please guys. Having a panic before disappearing back to Italy this weekend. I need to send £950 to Denmark (preferably in DKK or EUR) but I don't actually have it. Can it be done with a credit card? Googling throws up a million things that don't inspire confidence. Anybody got any actual experience? |
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| Author: | pcernie [ Mon Dec 09, 2013 1:12 pm ] |
| Post subject: | Re: Money transfer advice |
Call the credit card company either way so they don't assume it's a fraudulent transaction? |
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| Author: | saspro [ Mon Dec 09, 2013 2:20 pm ] |
| Post subject: | Re: Money transfer advice |
If you buy currency with a credit card then it's classed as a cash advance so you'll get fees and the higher interest rate etc In theory you could paypal or western union the money using a credit card |
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| Author: | Amnesia10 [ Mon Dec 09, 2013 3:40 pm ] |
| Post subject: | Re: Money transfer advice |
If it is for goods and services then try with the credit card as that will not be classed as a cash advance. You could request easy payments via the credit card which might be more in line with your cash flow. Sent from my iPad using Tapatalk HD |
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| Author: | finlay666 [ Mon Dec 09, 2013 4:11 pm ] |
| Post subject: | Re: Money transfer advice |
If it's in a foreign currency there is usually a loading charge Foreign currency bought with a credit card is treated as a cash advance EXCEPT with Amex when the currency is bought from Amex
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| Author: | okenobi [ Mon Dec 09, 2013 5:07 pm ] |
| Post subject: | Re: Money transfer advice |
Thanks guys. Can't seem to find a way around it, so can't make the transfer. Don't have time to investigate further as I have my Grandad's funeral on Friday in Swindon, then I leave the country again first thing Sunday. |
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| Author: | Amnesia10 [ Mon Dec 09, 2013 5:46 pm ] |
| Post subject: | Re: Money transfer advice |
Have you tried using paypal? Sent from my iPad using Tapatalk HD |
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| Author: | okenobi [ Mon Dec 09, 2013 6:31 pm ] | |||||||||
| Post subject: | Re: Money transfer advice | |||||||||
Yeah, fees are mental with them AND the credit card. |
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