Non-Stg Purchase Charge

horseshoes | 13:02 Mon 09th Jun 2014 | Business & Finance

8 Answers

I have just looked at my bank statement and there are 2 items I don't recognise. Non-STG purchase charge and Non-STG transfer fee. I have e-mailed them but haven't had a reply. Thank you.

If The Rate Of Inflation Is 4.5%, What Nominal Interest Rate Is Necessary For You To Earn A 3% Real Interest Rate On Your Investment.

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CheekyChops

Have you been abroad or purchased anything in a foreign currency?

I'm guessing that it means non-sterling and is a foreign currency transaction.

boxtops

This happens to us when we buy anything abroad.

The bank charge a fee for every non-sterling purchase, then charge a separate rate for converting it into sterling. Depending on how much you spend, the fee is usually fixed (2 or 3 £) and the transaction charge depends on the value on the transaction.

Does this help?

redman41

I think STG stands for Stirling, horseshoes....

boxtops

Just looked back at your threads and you've been in Fuengirola recently - it'll be something you bought on your card when you were over there :-)

horseshoes

Question Author

Yup! That's what it is. Thanks all.

Boxy, I didn't like Fuengirola one bit, but we found a beautiful village up in the hills called Mijas. That was lovely. x

boxtops

We were in Mijas last week, horseshoes :-)

I remember it when it really WAS a village, before it started to grow as big as it now is. Wonderful views from up there, though!

horseshoes

Question Author

Here we are Boxy, on our last evening having dinner in Mijas.

http://i57.tinypic.com/6gehrn.jpg

boxtops

That's lovely, horseshoes - fantastic views from all round Mijas!

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