am grateful for any advice here:
I transfer about 1200Euro monthly to my son who is studying in the UK. NatWest Bank deducts a whopping 4% before my money hits his account (this month 1200Euro = 1,008 pounds according to OUANDA, but resulted in 964 pounds on his account! this is really hurting.
Is there a way to transfer from a French bank already converted in Brit. pounds - will the French bank's cut be as high as Nat Wests?) - or is there any other way to cut down on the bank burden of charges for sending him money?
Thank you all for reading this and for any advice/tips you may have.