Customers advised to challenge money transfer ‘rip offs’

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Spanish banks which are charging residents for money transfers up to €50,000 from the UK at a higher rate than they charge for national transfers ‘are doing so unlawfully’ if the transfer is completed via IBAN.

This was the assessment made by the co-founder of the now-defunct British Expats Association, David R. Burrage.

Full report in Friday’s Costa Blanca News – available from supermarkets, tobacconists/newspaper shops and online at www.costa-news.com

 

Read more in this week’s print edition or go to e-paper

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