International Money Transfer From Yorkshire Bank Is This Correct..

[toffo9]

I want to transfer money into my wifes account as we both live in thailand but they said i have to go into the branch.. when i said i cant i live in thailand they said i have to send them a letter.. Anybody else use this bank as i cant beleive i have to send a letter, why cant i use my internet banking facility... Is this the norm with all banks when transfering money to another country??

[12DrinkMore]

You are dealing with the self-appointed centre of international finance.

The parochial, arrogant, overcharging and inflexible UK banking system that barely recognises there is a world outside the UK, at least for us normal folks.

If they want a <deleted> piece of paper to manage an international funds transfer then that's what you have to deliver.

However looking at the BS they put up their bloated website

Private Banking

Yorkshire Private is a private banking service that puts you first. The service comes with the personal attention of a Private Partner: a skilled individual that is dedicated to meeting your banking needs and financial requirements at times and places that suit you. So you're free to enjoy life, without worrying about who's taking care of your finances.

It is a relationship that sees you as a member, not a customer, and gives you local access to a world of banking services, all under one roof.

Helping you reach your true potential

When it comes to managing your finances, you deserve a service that appreciates the finer details of your circumstances. Your Private Partner will make sure you are getting the most out of your banking plans and services.

Because they work with a wider team of specialists, your Private Partner can also connect you to services that meet your financial aims. This includes investment services, retirement planning, and protecting the people and assets that matter to you.

Banking services created exclusively for you

As a member of our Yorkshire Private service, you can select solutions that satisfy your particular financial requirements. From current and savings accounts to mortgages, credit cards and asset finance, your Private Partner will help connect you with products that make your money work harder.

And the feckers can't manage an international transfer through internet banking......

What a bunch of wanke_rs. Change your bank.

Edited May 17, 2011 by 12DrinkMore

[toffo9]

Its looking like i will be changing... Im very surprised i cant just send it through my internet banking...

[inthepink]

The nationwide does the same. You might not find a bank that will transfer money to foreign accounts without written instructions.

Not sure what the rant about self-appointed centre of finance is all about 12DrinkMore - didn't you post almost exactly the same thing on another thread recently?

London is the centre of international finance owing to the amount of business that is done there, not because it has appointed itself - don't know how that would work anyway...

[Crossy]

I don't think there are any UK banks who will do offshore transfers via internet unless you have an offshore (IOM or Channel islands) account

[Chivas]

I know of no bank in the Uk whereby transfers to overseas accounts are available via internet banking ??

Documentation always needed completion-consider yourself rather lucky that they will do it with a written letter from yourself ??

[GeorgeO]

I'm afraid I have to beg to differ.

I am with HSBC in Sheffield, England and Bangkok Bank here. I regularly transfer sums of GBP5,000 to 6,000 via Internet Banking, at a standard charge of GBP17.00.

GeorgeO

[bsacbob]

Have to agree with George I have accounts with Nationwide ( who incidentally have hiked up their ATM fee) and the Halifax I do Internet transfers every month, although they charge different fee's for the transfer.

Never had to send them a letter everything was done online.

[CharlieH]

If you bank with Bangkok Bank, then go online to your UK account, transfer the money into Bangkok Bank London, they transfer it within 24 hrs to your Bangkok Bank account in Thailand.Cost 20 quid.

Easy ! I do it all the time.

[Paul888]

It's for your own security. They want a signed letter that they can compare the signature to make sure somebody is not stealing your money.

Some banks allow you to operate under a fax indemnity whereby you give them prior permission to accept faxed instructions from you, but understand with this that if somebody doctors a copy of your fax then its your problem not the bank's.

[Tafia]

The nationwide does the same. You might not find a bank that will transfer money to foreign accounts without written instructions.

Not sure what the rant about self-appointed centre of finance is all about 12DrinkMore - didn't you post almost exactly the same thing on another thread recently?

London is the centre of international finance owing to the amount of business that is done there, not because it has appointed itself - don't know how that would work anyway...

I use Nationwide and do SWIFT transfers online.

[darrendsd]

I like bsacbob also use the Halifax to transfer money over via Internet Banking to my Bangkok Bank account here.

I did a transfer last week at 11am Thai time, checked my Bangkok Bank account online and it had arrived here at 2pm, so 3 hours to receive the money, absolutley outstanding.

I used to bank with the Bank Of Auddaya and it would take at least a day to arrive, sometimes 2-3.

The Halifax charge 9.50 to send the money.

[inthepink]

The nationwide does the same. You might not find a bank that will transfer money to foreign accounts without written instructions.

Not sure what the rant about self-appointed centre of finance is all about 12DrinkMore - didn't you post almost exactly the same thing on another thread recently?

London is the centre of international finance owing to the amount of business that is done there, not because it has appointed itself - don't know how that would work anyway...

I use Nationwide and do SWIFT transfers online.

You do SWIFT transfers to bank accounts in foreign countries using the Nationwide online banking service?

If that is possible then can you tell me how?

Thanks

Edited May 18, 2011 by inthepink

[Tafia]

You do SWIFT transfers to bank accounts in foreign countries using the Nationwide online banking service?

If that is possible then can you tell me how?

Thanks

I've send you a private message

A point I missed was they may call you to satisfy themselves with their security questions, they have only done this once to me.

Edited May 18, 2011 by Tafia

[inthepink]

You do SWIFT transfers to bank accounts in foreign countries using the Nationwide online banking service?

If that is possible then can you tell me how?

Thanks

I've send you a private message

A point I missed was they may call you to satisfy themselves with their security questions, they have only done this once to me.

I got your message, much appreciated. I would never have looked under that section!

[Tafia]

You do SWIFT transfers to bank accounts in foreign countries using the Nationwide online banking service?

If that is possible then can you tell me how?

Thanks

I've send you a private message

A point I missed was they may call you to satisfy themselves with their security questions, they have only done this once to me.

I got your message, much appreciated. I would never have looked under that section!

You're Welcome

BTW they charge 25 quid a throw so it pays to move more less often

Edited May 18, 2011 by Tafia

[meatboy]

have you not registered for telephone banking then you can answer any security questions they throw at you[,i once delt with yorkshire bank piloks]

[tomallison]

It's for your own security. They want a signed letter that they can compare the signature to make sure somebody is not stealing your money.

Some banks allow you to operate under a fax indemnity whereby you give them prior permission to accept faxed instructions from you, but understand with this that if somebody doctors a copy of your fax then its your problem not the bank's.

The first sentence quoted above is the vital one. By first making arrangements, in writing, with your UK bank, international transfers can then usually be carried out via telephone, fax or internet.