Bank accounts that allow international online money transfer

[chris watton]

Hi,

Because I’m about to move from Italy to the UK (and Vice Versa) a lot, I’d like to open an online bank account that would allow me to transfer money online from UK to Italy accounts.

Can anyone recommend a good (and stable!) bank that allows this? My RBS business account doesn’t allow online transfers (or even telephone), and our UK Abbey current account is the same.

Cheers

[Andyuk911]

Thought HSBC would allow this ...

[SGirl]

First Direct allows it - almost all my payments come in via international bank transfers. They charge, though. Despite IBAN and all that.

Oh. Or did you mean business accounts? HSBC then. First Direct doesn't accept business accounts.

Edited by SGirl on Wednesday 21st January 13:27

[sleep envy]

yep, my FD/HSBC does but for a £25 charge per transfer

they also do € accounts (although their FX rates are on the high side)

Citibank are worth looking at too

[chris watton]

Thanks for the replies guys ,

It's not for a business account, but just a 'normal' account, where I could maybe post cheques (from my RBS business account) to the bank that allows international transfers, so I could then transfer that money to my Italian account. (Abbey, even though I have to go in there personally to make a transfer, seem singularly inept at the concept of international money transfers – to the point of almost ballsing up our deposit for our house in Italy – sending the money in ££s!)

In essence, it's just to save me having to go to the bank everytime I need to make an international bank transfer.

Edited by chris watton on Wednesday 21st January 13:53

[m4tt]

HSBC you can do it for personal or business accounts. From memory Personal accounts carry a £10k per day limit and you can only do it 9:00-15:30 weekdays. Business accounts have the same £10k per day limit, but if you speak nicely to your business manager they can increase this up to £100k perday.

Charges are something like £15 a throw. Certainly cheaper than if you phoned it through or went to the branch.

[Broken Hero]

HSBC - £15 pounds if you do it online and 25 in the branch. Or you could just open a euro a/c

[trunnie]

HSBC Premier is free (and there aren't any charges hidden in the rate of exchange). If you open a HSBC account in the country that you're going to - I've got it for France, not sure if accounts are available for Italy. Snag is that you either have to have certain products or pay for Premier. Same day transfers.

[chris watton]

Thank you guys. HSBC it is then, will do some enquiries over the next few weeks with an aim to setting an account up.

[m4tt]

Walk into a branch with Passport, Driving Licence and 3 months bank statements and all things being well you will leave with an account opened.