Euro Transfer from UK Accounts to Danske Bank Finland
Save Money and time when transferring UK pounds to euro at Finland’s Danske Bank, use an FX broker for a much better foreign exchange rate. The best alternatives for sending funds from the UK to a Danske Bank Finland account, a currency broker will also save you time on the transaction.
About Danske Bank Finland
Danske Bank Group is one the largest banking organisations in Denmark and is part of the Danske Group that has a presence in all Nordic countries within northern Europe, including Finland. In Finland Danske Bank have almost 1 million personal customers and around 90 000 business and institutional customers, making the bank a popular choice with Finnish people.
Euro Transfer to/from Danske Bank in Finland
Making a transfer to or from the euro using a bank service could potentially lose you thousands of pounds due to the poor FX margin rate offered. Private currency brokers offer a much more competitive rate of exchange. Example: Currency broker TorFX are one of the UK’s leading and largest foreign currency exchange specialists assisting private individuals and businesses with their foreign currency transfers to and from most countries worldwide. TorFX v traditional bank exchange rates:
|Company Name||FX Rate||GBP to EUR||FREE Quote|
|Danske Bank Finland||*2.0%||€1.097 info||Enquire|
|Typical Bank Rates||*1.9 to 6.2%||€1.05 to €1.098 info||Enquire|
UK pound sterling (GBP) to euro (EUR) currency rates are updated daily at 09:00 GMT. Data source – ECB
*Note: A lower FX Rate will give a better exchange rate when transferring money to/from euro. Specialist foreign exchange companies including the ones listed below can save you money and time on the transaction.
UK bank to Danske Bank Finland account v Currency Brokers
1: Bank money transfer information: General Guidelines – High street banks also charge a commission fee when sending money abroad into another currency – Private brokers offer commission free currency transfers typically over a value of £5000 or €5599.235 euro. Bank transfer commission fees range from £15 to £30 depending on the bank.
2: Unless you pay a premium, high street banks will take from 3 to 7 days for your funds to arrive at the destination bank. Private foreign exchange companies typically complete the transaction between 1 to 3 days.
Sending Money Abroad with Danske Bank Finland
To transfer funds abroad from your Danske Bank Finland account, you have to give the beneficiary’s IBAN and BIC to the bank. There are two types of transfers:
1: Euro Transfers: transfers exclusively in euros for amounts less than or equal to EUR 50,000 within the European Union, including the precise bank details of the beneficiaries (i.e. BIC and IBAN).
2: International Transfers: any transfers within or to countries outside the European Union (other currencies, no IBAN, etc.)
International transfer requests may be submitted by fax as long as you have signed a request at your local Danske Bank Finland branch.