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Post by gigi on Jan 21, 2024 16:15:28 GMT 1
Ditto my state pension, direct to CA in euros, has been for 15 years.
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Post by jeliecrack on Jan 21, 2024 16:47:36 GMT 1
My naval pension is paid direct into my CA in euros. Did you have to contemplate much beforehand😀😀
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curtis
Member
Charente Maritime
Posts: 477
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Post by curtis on Jan 21, 2024 17:53:50 GMT 1
curtis is your State pension transferred in Sterling or Euros - you don't say. As to no charge from BP I will ascertain on Tuesday if that is so with BP Occitane. aucamville your State pension is sent to Citbank who then change the Sterling into Euros - is that what you meant to say. Because if not then I was totally misled by the Pension Service agent. Where money is concerned there should be no ambiguity or supposition. In euros.
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Post by aucamville on Jan 21, 2024 18:12:56 GMT 1
Back in 2005 when I was still working in France I had a client who was a director of HSBC in Hong Kong. At the time I was with Banque Populaire in Lot-Garonne. All his regular monthly stage payments arrived via HSBC in Jersey in Euros on the same day that he made the transfer from Hong Kong. There were no charges to me from BP.
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Post by glazedallover on Jan 21, 2024 22:09:36 GMT 1
curtis is your State pension transferred in Sterling or Euros - you don't say. As to no charge from BP I will ascertain on Tuesday if that is so with BP Occitane. aucamville your State pension is sent to Citbank who then change the Sterling into Euros - is that what you meant to say. Because if not then I was totally misled by the Pension Service agent. Where money is concerned there should be no ambiguity or supposition. Maybe it is the way you convey your message.....or possibly your English language skills.
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Post by houpla on Jan 22, 2024 1:16:27 GMT 1
That's hardly fair, GAO. Full marks for not only spelling ambiguity and supposition correctly but also knowing what they mean 😁 You only have to spend 10 minutes on FB to appreciate that ( mostly) this forum is a haven of erudition 🤣
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Post by iolar on Jan 22, 2024 10:29:23 GMT 1
curtis - Citibank charge 3% for conversion. This is the normal charge by banks which is why currency transfer companies came into existence. glazed all over - there is nothing wrong with my English but your choice of words 'total bollocks' says an awful lot about you. That chip on your shoulder obviously causes you balance problems.
aucumville if your client was a director of HSBC he may have got his money transferred for free, other wise he would have been charged 3%.
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Post by lapourtaider on Jan 22, 2024 10:50:32 GMT 1
Nutty, I'm surprised that you say that your State pension is sent in Euros because yesterday I contacted the Pension Service to be told that they only send Sterling. I asked the 'agent' to repeat that statement and she did. Did you read the link embedded in the post by Nutty, it's all there.
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suein56
Member
Southern Morbihan 56 Brittany
Posts: 7,554
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Post by suein56 on Jan 22, 2024 11:26:16 GMT 1
yesterday I contacted the Pension Service to be told that they only send Sterling. They do .. but if you want your pension paid abroad then the DWP send it in ££ to their agent who exchanges it for the currency required for your situation and then sends it on to your foreign bank.
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Nifty
Member
Posts: 5,045
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Post by Nifty on Jan 22, 2024 12:13:43 GMT 1
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Post by glazedallover on Jan 22, 2024 12:48:25 GMT 1
glazed all over - there is nothing wrong with my English but your choice of words 'total bollocks' says an awful lot about you. That chip on your shoulder obviously causes you balance problems. Not my words. Yours. As for a chip on the shoulder - read your own posts.
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Nifty
Member
Posts: 5,045
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Post by Nifty on Jan 22, 2024 14:15:55 GMT 1
Took a while to download The benifits of BE
‘ A raft of common-sense changes to the Data Protection and Digital Information Bill will build an innovative data protection regime in the UK, crack down on benefit fraud cheats, and allow the country to realise new post-Brexit freedoms which are expected to deliver new economic opportunities to the tune of at least £4 billion.
The changes include new powers to require data from third parties, particularly banks and financial organisations, to help the UK government reduce benefit fraud and save the taxpayer up to £600 million over the next five years. Currently, Department for Work and Pensions (DWP) can only undertake fraud checks on a claimant on an individual basis, where there is already a suspicion of fraud.
The new proposals would allow regular checks to be carried out on the bank accounts held by benefit claimants to spot increases in their savings which push them over the benefit eligibility threshold, or when people send more time overseas than the benefit rules allow for. This will help identify fraud take action more quickly. To make sure that privacy concerns are at the heart of these new measures, only a minimum amount of data will be accessed and only in instances which show a potential risk of fraud and error.
Another measure offers vital reassurance and support to families as they grieve the loss of a child. In cases where a child has died through suicide, a proposed ‘data preservation process’ would require social media companies to keep any relevant personal data which could then be used in subsequent investigations or inquests.
Current rules mean that social media companies aren’t obliged to hold onto this data for longer than is needed, meaning that data which could prove vital to coroner investigations could be deleted as part of a platform’s routine maintenance. The change tabled today represents an important step for families coming to terms with the loss of a loved one, and takes further steps to help ensure harmful content has no place online.
The use of biometric data, such as fingerprints, to strengthen national security is also covered by the amendments, with the ability of Counter Terrorism Police to hold onto the biometrics of individuals who pose a potential threat, and which are supplied by organisations such as Interpol, being bolstered.
This would see officers being able to retain biometric data for as long as an INTERPOL notice is in force, matching this process up with INTERPOL’s own retention rules. The amendments will also ensure that where an individual has a foreign conviction, their biometrics will be able to be retained indefinitely in the same way as is already possible for individuals with UK convictions – this is particularly important where foreign nationals may have existing convictions for serious offences, including terrorist offences.
Maintaining the UK’s high standards of data protection is central to both the wider Bill and the proposed amendments which have been laid today.
Secretary of State for Science, Innovation and Technology, Michelle Donelan, said:
Britain has seized a key Brexit opportunity – boosting small businesses, protecting consumers and cracking down on criminal enterprises like nuisance calling and benefit fraud.
These changes protect our privacy and data while also injecting common sense into the system - whether it is cracking down on cookies, scrapping pointless paperwork which stifles productivity, tackling benefit fraud or making it easier to protect our citizens from criminals.
These changes help to establish the UK as a world-leading data economy; one that puts consumers and businesses at the centre and removes the ‘one-size-fits-all’ barriers that have held many British businesses back.
The Bill’s focus is to create an innovative and flexible data protection regime which will maintain the UK’s high standards of data protection, streamline processes for companies, strengthen national security, and support grieving families. Making it easier to use personal data which will improve efficiency, lead to better public services, and enable new innovations across science, innovation, and technology.
Secretary of State for Work and Pensions, Mel Stride MP, said:
These new powers send a very clear message to benefit fraudsters – we won’t stand for it. These people are taking the taxpayer for a ride and it is right that we do all we can to bring them to justice.
These powers will be used proportionately, ensuring claimants’ data is safely protected while rooting out fraudsters at the earliest possible opportunity.
Home Secretary, James Cleverly, said:
My priority is to continue cutting crime and ensuring the public is protected from security threats. Law enforcement and our security partners must have access to the best possible tools and data, including biometrics, to continue to keep us safe.
This Bill will improve the efficiency of data protection for our security and policing partners—encouraging better use of personal information and ensuring appropriate safeguards for privacy.
The amendments tabled today show the practical steps being taken by the UK government to improve how the nation uses and accesses personal data, capitalising on the UK’s departure from the European Union to introduce measures which will protect the public purse, strengthen national security, and offer important support to grieving families.
These amendments will also help the Bill realise its ambition of bulldozing burdens for businesses and removing restrictions for researchers, ensuring new advances in science, innovation, and technology can be fuelled by more practical ways to access data.
Further Information Full list of amendments tabled can be found here.
These amendments will be considered by the House of Commons at Report next Wednesday (29 November).
Further information on the Data Protection and Digital Information Bill can be found here…….’
Pity that that there is not an app that lets one know exactly what the puppet masters are playing at.
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Post by iolar on Mar 26, 2024 18:15:19 GMT 1
yesterday I contacted the Pension Service to be told that they only send Sterling. They do .. but if you want your pension paid abroad then the DWP send it in ££ to their agent who exchanges it for the currency required for your situation and then sends it on to your foreign bank. So - it depends on which person you are connected with. Nothing about agents/converting was mentioned to me. Sue - do they tell you at what rate they convert. My wife will now receive her NHS pension directly to out joint account in France but nowhere are actual figures shown re. the 'nominal charge for the service' or at what rate they convert. Where monies are concerned I want actual figures.
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suein56
Member
Southern Morbihan 56 Brittany
Posts: 7,554
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Post by suein56 on Mar 26, 2024 19:09:38 GMT 1
My wife will now receive her NHS pension directly to out joint account in France but nowhere are actual figures shown re. the 'nominal charge for the service' or at what rate they convert. Where monies are concerned I want actual figures. I didn't ask .. perhaps you can .. but I don't think the DWP make a charge for the exchange. Apparently - from users of the option - the exchange rate achieved is good. It's most probably the agents make a slight tweak in the exchange rate in their favour but I really don't know.
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curtis
Member
Charente Maritime
Posts: 477
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Post by curtis on Mar 26, 2024 19:56:30 GMT 1
iolar when I make a transfer with Wise I see the amount of euros that will arrive and that is what appears in my account. No charge from BP.
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