Euro Transfer from UK to National Bank of Greece
Sending UK sterling to a National Bank of Greece euro account using a foreign exchange provider will save you cash on the GBP to EUR currency exchange. The best alternatives for sending funds from the UK to a National Bank of Greece account, a currency broker will also save you time on the transaction.
About National Bank of Greece
The National Bank of Greece is a European banking and financial services company with its headquarters based in Athens, Greece. The bank is the largest Greek bank by total assets and the second largest by market capitalisation of 4.35 Billion euro as of February 2015 after Alpha Bank. National Bank of Greece operates as commercial bank that provides commercial banking services.
National Bank of Greece UK Pound & Euro Exchange Rates
|Bank Name | FX Broker Comparison||FX Rate||GBP to EUR||FREE QUOTE|
|National Bank of Greece||*1.5%||€1.072 info||Enquire|
UK pound sterling (GBP) and euro (EUR) currency rates are updated daily at 09:00 GMT.
*Note: A lower FX Rate will give a better exchange rate when transferring money to/from euro. The recommended foreign exchange companies listed on our website can save you money and time with your international currency transfer requirements.
Euro Transfer to/from National Bank of Greece
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.
UK bank to National Bank of Greece 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 €5444.059 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 National Bank of Greece
To transfer funds abroad from your National Bank of Greece 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 National Bank of Greece branch.