Trish Birch Therapy
Absolute Landscaping XL Ltd
Audo-m8 Systems
Property Rentals and Sales

Join the Balsicas forum

Join the Balsicas forumMy name's Jan and this is my website all about Balsicas in Spain. Register now for free to talk about Banking and finances in Balsicas and much more!

UK State Pension advice please


Posted: Sun Apr 7, 2019 3:37pm
2 replies116 views4 members subscribed
dave sierra golf

Posts: 42

Location: Balsicas

4 helpful posts


I still have my State Pension paid into the H.S.B.C bank in the UK

then transfer the funds as and when into the Sabadell Bank

If I transfer 500 pounds  I have (taken the end of last week) €560 transferred 

The D.W.P are willing to pay directly into Sabadell  (via Citi Bank)  

Can anyone work out (or know) what is the best? please      all Citi Bank state is 0.62€  and 0.52 pound ????



Helpful member

Sun Apr 7, 2019 4:47pm

Posts: 482

Location: Los Alcázares

204 helpful posts

Posted: Sun Apr 7, 2019 4:47pm

We have always had our state pensions paid direct into our Spanish bank, as they DWP do it at the best rate available when they transfer. Makes it easier to declare when submitting Spanish tax return as you simply use what you have been paid in Euros without worrying about exchange conversions.



Helpful member

Mon Apr 8, 2019 9:14am

Posts: 771

Location: San Javier

428 helpful posts

Posted: Mon Apr 8, 2019 9:14am

State pension is paid at the best rate avilable ...ours is paid directly to Sabadell with no problem. Just inform DWP of the details.

Sign up for free or login to reply to this topic

Want to reply to this topic? Login or register for free to post your message:

Related topics


Popular topics this week in Balsicas

Can anyone recommend: A roofer

Recommended Tradesmen and Companies in Balsicas

Hi one and allYes I do now regret buying a house from URMOSA    even taking out an insuran...

4 replies

Flash floods.

General Balsicas discussion

Hi, could anybody living in or passing through Balsicas let me know if there has been any major floo...

2 replies and 3 helpful posts

Properties in the Balsicas area

For sale: 3 bedroom apartment / flat - €62,000

Balsicas, Costa Calida

Fantastic apartment in a really quite area, for those who really love living in peaceful and calm....

For sale: 2 bedroom bungalow - €62,000

Balsicas, Costa Calida

2 bedroom 1 bathroom property in a quiet area of town. Property is next to a golf course giving this...

For sale: 2 bedroom bungalow - €75,000

Balsicas, Costa Calida

Sierra Golf is a Residential Development that surrounds an 9-hole Golf Course, with a future exten...

Other recommended topics

Register for free!

Login to your account

Trish Birch Therapy
Absolute Landscaping XL Ltd
Audo-m8 Systems
Property Rentals and Sales
Advertise your business here