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Money transfers to Europe

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pigface | 15:09 Wed 16th Jan 2008 | Business & Finance
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I am based in the UK and need to pay a French solicitor's invoice.

My account is in �GB and the invoice is in Euros.

What is the cheapest/easiest way of doing this. Can I do it with Paypal?
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You could pay it via Paypal if the recipient has a Paypal account and they agree to receive it that way. Paypal payments usually involve the recipient in having to pay a fee in order to get receive the money.

A transfer to an overseas account from your bank would probably cost you a lot in fees, so if you want to make the transfer that way make sure you find out how much it will cost you before you do it.

If I make a Euro payment I use

https://auctionchex.com

who I have found to be a lot cheaper than my bank for making payments, efficient and reliable. I can also fund the payment to them with Paypal.

But you do need to compare charges before deciding how to go ahead.
Your bank is easiest.Any branch should be able to do it, but your own branch or another one where you are known to the staff may make life easier.Take i.d (passport or driving licence) and your debit card or cheque book.You'll need the SWIFT code and the IBAN number of the recipient's bank account. The French lawyer is highly likely to have provided those 'coordinees bancaires' , because they are good like that when it comes to getting paid!The bank normally asks for that bank's address too..If you get this done before noon you can have the money there by the next day , ( a priority service,at extra cost) otherwise it's a few days.

Cost? Ask, but when I've used priority to France it cost no more than c �60 flat rate. I've a feeling that it's about �30 or for the normal service, flat rate.

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