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Post by quilbert on May 17, 2023 16:26:30 GMT 1
Recently did a 17k transfer, so I know that any limit with Boursorama is higher than that; but I thought house purchases had to be paid by virement these days, rather than cheque?
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suein56
Member
Southern Morbihan 56 Brittany
Posts: 7,557
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Post by suein56 on May 17, 2023 16:53:53 GMT 1
but I thought house purchases had to be paid by virement these days, rather than cheque? Presumably the amount of a very large virement would be pre-booked so pre-authorised ?
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Post by jardiniere on May 18, 2023 8:56:12 GMT 1
What does this bit mean, Sue?
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suein56
Member
Southern Morbihan 56 Brittany
Posts: 7,557
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Post by suein56 on May 18, 2023 9:05:22 GMT 1
A max of €6000 each individual transfer .. with a max of €10000 per week.
This site is quite helpful for giving a quick comparison between Banks - tho the devil is in the (small print) detail.
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Post by glazedallover on May 24, 2023 7:49:43 GMT 1
Rate is still improving slowly 1.1562 today.
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Post by glazedallover on May 30, 2023 11:46:35 GMT 1
After range trading between 1.1500 and 1.1530 for the last week sterling seems to have broken out on the upside....1.1575 now. if it can hold these levels it should augur well for the second half of the year.
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Aardvark
Non-gamer
Living in soggy 22 and still wondering what's going on.
Posts: 2,172
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Post by Aardvark on May 30, 2023 12:27:01 GMT 1
I would be happy if it would stay at 1.15 anything long enough for my next pension to come in. Historically it nearly always tanks a day or two before its paid. Leaving it in UK until the rate rises again is usually not possible, such is our cash flow situation.
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Post by jackie on May 30, 2023 12:36:15 GMT 1
Just did a transfer with Currencyfair and got a rate of 1.1523
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suein56
Member
Southern Morbihan 56 Brittany
Posts: 7,557
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Post by suein56 on May 30, 2023 17:40:08 GMT 1
Just did a transfer with Currencyfair and got a rate of 1.1523 Thanks Jackie .. I saw your post and exchanged some ££ an hour ago. As we had just been 'paid' ie our pensions had made it to our UK account I was able to take advantage of this little spike in the value of the £.
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Post by glazedallover on May 30, 2023 18:21:35 GMT 1
I'll stick to my specialist subject. Quiche.
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Post by houpla on May 30, 2023 21:32:11 GMT 1
After range trading between 1.1500 and 1.1530 for the last week sterling seems to have broken out on the upside....1.1575 now. if it can hold these levels it should augur well for the second half of the year. Why is that, then? And how long has it got to hold on for? Isn't it all a great big gamble, really?
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Post by glazedallover on May 30, 2023 21:43:08 GMT 1
After range trading between 1.1500 and 1.1530 for the last week sterling seems to have broken out on the upside....1.1575 now. if it can hold these levels it should augur well for the second half of the year. Why is that, then? And how long has it got to hold on for? Isn't it all a great big gamble, really? Yup it is exactly that a gamble. It's just my opinion houps based on my experience of working in FX. If I was an expert I wouldn't be sitting here opining on such matters with a four figure GBP pension ! imho £ has long been the whipping boy of the FX markets and has been way oversold. Staying out of the Euro was the only decent EEC decision that was made. The Euro (again imho) is a house of cards...........
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Post by houpla on May 31, 2023 6:56:18 GMT 1
Which all poses something of a dilemma when you have a nest egg in UK but can't open an (e.g.) ISA, and will get clobbered for social charges if it's transferred to France. I'd prefer to get it all over here and avoid the swings and roundabouts of currency fluctuations but damned if I'm going to see it disappear into Macron's coffers Assurance vie used to be the option, but even those are imposable now
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Nifty
Member
Posts: 5,046
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Post by Nifty on May 31, 2023 8:26:57 GMT 1
Damned damned if you don’t. Historically the only regular winners are the bankers and those ministers with some sort of control over the levers. I would rather it goes into Macron’s coffers than funding the likes of the ERG manipulators.
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suein56
Member
Southern Morbihan 56 Brittany
Posts: 7,557
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Post by suein56 on May 31, 2023 8:36:03 GMT 1
Which all poses something of a dilemma when you have a nest egg in UK but can't open an (e.g.) ISA, and will get clobbered for social charges if it's transferred to France. I'd prefer to get it all over here and avoid the swings and roundabouts of currency fluctuations but damned if I'm going to see it disappear into Macron's coffers Assurance vie used to be the option, but even those are imposable now You can move over a plain old 'nestegg' .. I did and put the resultant 'pot' into tax-free savings accounts and an assurance vie before I was 70. Simple 'transfer of savings' is not declarable as anything other than that to your Banque here.
I suppose it all might depend on how huge a nestegg you might have. Mine was modest. The taxes on money withdrawn from an Assurance Vie can work out to be a very small amount but, again, it depends on how big your nestegg is.
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