Small regular money transfers to German a/c

I live in Blighty and want to transfer about 100.00 per month to my mum, who lives in Germany and has a German current account.

Is there a good value way of doing that? International money orders etc. seem a rip off and mainly only worth it for large one-off payments.

I suppose I could send her a 'partner' Maestro card for my current account, which works all over Europe, but I don't want her to have that degree of access to my hard earnt cash!

In this day and age of online banking etc. surely there must be a way to simply transfer the readies into her account electronically?

TIA

M
Reply to
Matt
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So why *not* make large one-off payments? Well, not quite one-off, but you could send £1200 once a year instead of £100 twelve times.

Can you open a second current account here? Then transfer the £100pm by standing order from your main account to this one, and give her a partner card only for the second.

There are, but the banks expect you to pay high fees for using them. They're not too bad though, I think someone recently mentioned one lot who charged only about £6.

You might almost be better off changing cash into Euro notes at the post office and then sending them by snail mail inside a greeting card, risking loss in the post.

Reply to
Ronald Raygun

Rather than send 100 pm why not send 300 per quarter by Economy International Transfer available from most banks for between 6 and 10?

Reply to
Eric Jones

I do something similar each month, via IBAN transfer through my internet banking account with a well known high street bank. Doesn't cost me a penny. Costs the recipient the cost of the foreign currency exchange.

Reply to
Ian Cornish

Which Bank, please?

mrcheerful

Reply to
mrcheerful

I use Lloyds TSB, and also have used Woolwich in the past. I transfer money over to the US, and give an IBAN. Had to set it up on the phone or in the branch first, but once that's done, it's just a few clicks. I think the charging aspect could be due to the type of accounts I have (ie not the basic/standard current account)

Reply to
Ian Cornish

Thank You

mrcheerful

Reply to
mrcheerful

What "well known high street bank" is that please?

Reply to
usenet

I use Lloyds TSB, and also have used Woolwich in the past. I transfer money over to the US, and give an IBAN. Had to set it up on the phone or in the branch first, but once that's done, it's just a few clicks. I think the charging aspect could be due to the type of accounts I have (ie not the basic/standard current account)

Reply to
Ian Cornish

I do this bi-weekly from my account at the National Bank of Kuwait to my Barclays Premier account in the UK. Internet banking, lovely.

When I wanted to do the same *from* my Barclays account to a friend in the US, I couldn't do it online. So I called them. "You have to come into the branch, we can't do that over the phone". Bastards.

So I ended up transferring the money to someone else in the UK, who went into their bank to do it.

Madness.

Reply to
Ben Blaney

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