Moving to Turkey..

[Liz 101]

Colwyn, I use a Lloyds debit card quite often to draw out sterling, there isn't a loading charge. Granted there is a fee, minimum £2 or £1.50 / £100 if you're drawing in excess of £100.

[BernieTeyze]

So is it back to Deniz bank for pension, or is there a better option in Turkey?

Think I will have a look at Nationwide flex account too. We already have a Nationwide savings account,  if its the more favourable way to access savings money.
Thanks once again everyone.

[BernieTeyze]

So is Lloyds a cheaper option then? Anyone with coop bank?

[KKOB]

We used to have our pensions paid into a Nationwide Flexaccount and then withdrew sterling at an ATM. Never had any problems, or charges.

[Colwyn]

We used to have our pensions paid into a Nationwide Flexaccount and then withdrew sterling at an ATM. Never had any problems, or charges.

Quite right. I was quoting the rate for withdrawing lira.

[Colwyn]

Colwyn, I use a Lloyds debit card quite often to draw out sterling, there isn't a loading charge. Granted there is a fee, minimum £2 or £1.50 / £100 if you're drawing in excess of £100.

Have you checked this? It doesn't match the information I have. Since banks don't disclose the loading they put on your card in your monthly statement you have to check the exchange rate Lloyds are delivering with the VISA/MC rate on that day. If you PM me an example of an actual exchange rate you have on your statement and the date it was reported (not the date of your purchase) I can check it for you if you wish.

[Liz 101]

I'm drawing sterling, not lira & can see the charges clearly on my online statement. As recently as 13th June, I withdrew £350 & was charged £4.50.

[Colwyn]

loading is the hidden charge on drawing foreign currencies

So if you are not withdrawing foreign (i.e. non-sterling) currency you will not be paying it. If you are happy with paying £4.50 to get at your own money, then that is fine.

[Liz 101]

For the few times I use it, yes I am, particularly since, as site treasurer, UK owners may want to send money to have work done on their apartments. In that event, they pay the charges in addition to the work required, so it's of no consequence to me & far more convenient for them.

[BernieTeyze]

So what are the charges for a coop current account to withdraw in Turkey please?