taking money back to the UK

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elscouser
Andalucia.com Amigo
Posts: 110
Joined: Thu May 17, 2012 8:38 pm

taking money back to the UK

Postby elscouser » Sun Mar 05, 2017 2:29 pm

I need to withdraw about 6500 euros and take back to the UK. Whats the most cost effective way of doing this? I bank with cajamar but can't open a transfer wise account etc linked to my Spanish account as i am non resident. Thanks in advance.

elusive
Resident
Posts: 990
Joined: Sat Apr 07, 2012 11:49 am
Location: frigiliana

Re: taking money back to the UK

Postby elusive » Sun Mar 05, 2017 4:43 pm

You cant open an account with say currencies direct or any of the others? Whats been a non resident to do with anything?

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costakid
Andalucia Guru
Posts: 3398
Joined: Sun Feb 13, 2005 11:55 am
Location: malaga este

Re: taking money back to the UK

Postby costakid » Sun Mar 05, 2017 5:45 pm

If you can prove where it came from you could walk through the airport with it.

elusive
Resident
Posts: 990
Joined: Sat Apr 07, 2012 11:49 am
Location: frigiliana

Re: taking money back to the UK

Postby elusive » Sun Mar 05, 2017 6:18 pm

You would need a big money belt!

Mike Lytt
Andalucia.com Amigo
Posts: 69
Joined: Sat Feb 18, 2017 2:20 pm
Location: Torre del Mar

Re: taking money back to the UK

Postby Mike Lytt » Sun Mar 05, 2017 7:18 pm

I recently took 7k in Euros back to the u.k with no issues, it was a mixture of 50 and 100 denominations just had them in my in 3 plastic bank envelopes in my laptop bag, nobody at Malaga or indeed Gatwick gave it a second look. I think its only amounts over 10k you have to declare under the European Cash Movement controls

elscouser
Andalucia.com Amigo
Posts: 110
Joined: Thu May 17, 2012 8:38 pm

Re: taking money back to the UK

Postby elscouser » Sun Mar 05, 2017 7:21 pm

Yeah not worried about carrying it back - just worry that ill lose a lot in exchange fees when back. Whats the best way to change such an amount for best rates? Thanks

masterob
Andalucia Guru
Posts: 2151
Joined: Sun Nov 06, 2005 5:08 pm
Location: Previously Álora but now in Milton Keynes UK

Re: taking money back to the UK

Postby masterob » Mon Mar 06, 2017 12:18 pm

Currencies Direct or similar.

Miro
Andalucia Guru
Posts: 3267
Joined: Tue Feb 27, 2007 8:20 pm
Location: Merseyside, formally Torremolinos

Re: taking money back to the UK

Postby Miro » Mon Mar 06, 2017 3:04 pm

On the recommendations of others on this site, I've recently used CurrencyFair, and was very pleased with the system.
https://www.currencyfair.com/
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