CHEAPEST WAY TO TRANSFER MONEY TO SPAIN

The cheapest way to transfer money to Spain is, no doubt, by using a currency broker. If you need to send money online to Spain, the international payments service powered by the LeaderFX enables you to do so safely, quickly, and easily with bank-beating exchange rates and a first-class service to match.

Start saving money with the LeaderFX, probably the cheapest way to transfer money to Spain. In just a few quick, simple, and easy steps, you can transfer your money to Spain.

1. Enter your details and sign up for a free personal account with the LeaderFX.
• Visit www.leadercurrency.com; Click on the "Open Account" button and enter your name and contact details
• Your details will be verified by the system and it will then send you a confirmation email
• Confirm your identity (required because the LeaderFX is regulated by the FSA and authorised by HMRC) by providing the required documentation

2. Log-in to the system and get live rates, confirm your bank details and make a transaction.
• Receive a free quotation online
• Book your deal
• The rate of exchange and commissions will be confirmed online or by one of our dealers on the telephone

3. Transfer your funds and let us at the LeaderFX take care of the rest!
• An email will be sent to you confirming the transaction and providing the bank details of our segregated client account
• Transfer your money online and once we receive it, we will release your bought funds into your named beneficiary account!

CHEAPEST WAY TO TRANSFER MONEY TO SPAIN

The LeaderFX offers a completely transparent service. When you request a quotation you will be given the LIVE mid-market exchange rate together with the rate of exchange on offer. In this way, you will see that the fees / commission charged by the LeaderFX. For example:

Mid-market exchange rate (GBPEUR): 1.2000
You sell: £ 15.000,00
LeaderFX offers: 1.1910
You receive: € 17.865,00

Currencies accepted: Euro

Time required to send money to Spain: Usually same day (SWIFT payment) or 2 days (SEPA payment) from when the funds are received in the LeaderFX client account

Beneficiary details needed: Account Name of Beneficiary, Name of Spanish Bank, IBAN (International Bank Account Number), BIC (Bank Identifier Code) or SWIFT code

The IBAN (International Bank Account Number) is the standard system for sending Euro payments throughout Europe. A Spanish IBAN consists of 24 characters which are used to identify the country, your bank, branch, and account number. It can usually be found on a bank statement.

Spanish IBAN format: ESKK BBBB GGGG KKCC CCCC CCCC

B – Bank Code
G – Branch Number
K – Check Digits
C – Account Number

Spanish BIC or SWIFT format: BBBBCCLL or BBBBCCLLDDD

B – Bank Code (Letters)
C – Country Code ‘ES’ (Letters)
L – Location Code (Letters and Digits)
D – Branch Code (‘XXX’ for Head Office, Letters and Digits)

For further information on the cheapest way to transfer money to Spain, international payments and sending money abroad, visit www.leadercurrency.com or call the hotline on +44 (0)115 827 7102 (UK) or +34 96 626 5024 (Spain).

Filed under: http://www.theleader.info/article/40780/

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