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TRNC Banks with ATMs dispensing sterling

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malsancak


Joined: 23/08/2009
Posts: 2874

Message Posted:
15/11/2010 12:33

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Message 1 of 26 in Discussion

Because of Nationwide now charging for TL withdrawals from ATMs I was wondering which ATMs nearest to Alsancak are dispensed sterling. I know they'll empty quickly because of Bayram but it would be useful to know anyway.



nostradamus


Joined: 15/04/2008
Posts: 557

Message Posted:
15/11/2010 13:13

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Message 2 of 26 in Discussion

The only ones that I know that dispense sterling are the HSBC - main branch and the ATM by Dome Hotel, and TEB Bank (all branches)



crusty


Joined: 03/09/2010
Posts: 22

Message Posted:
21/11/2010 09:21

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Message 3 of 26 in Discussion

What is full name of TEB bank please and where are they situated.



andrew4232



Joined: 04/07/2009
Posts: 1543

Message Posted:
21/11/2010 09:26

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Message 4 of 26 in Discussion

teb is there full name i think there is one near mr pound



joandjelly


Joined: 24/02/2008
Posts: 2953

Message Posted:
21/11/2010 09:43

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Message 5 of 26 in Discussion

The full name is Turk Ekonomi Bankasi.



WotNoDeeds!


Joined: 26/08/2009
Posts: 687

Message Posted:
21/11/2010 09:44

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Message 6 of 26 in Discussion



Turkish Economy Bank - http://www.teb.com.tr/eng/Default.aspx



laptagal


Joined: 28/05/2008
Posts: 549

Message Posted:
21/11/2010 10:33

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Message 7 of 26 in Discussion

I did hear that the new one (can't recall name but is green and begins with P) at Bektas dispensed sterling but couldn't get it to work for me. If one or two can, why don't all banks? Perhaps we should be suggesting it to our banks. I will make a start by putting a post on 44 for the attention of Creditwestrep.



david9


Joined: 09/09/2008
Posts: 358

Message Posted:
21/11/2010 11:45

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Message 8 of 26 in Discussion

Mal



Garanti also dispense Sterling there is one just at Astro which is handy for parking



Geejay


Joined: 18/04/2009
Posts: 475

Message Posted:
21/11/2010 18:03

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Message 9 of 26 in Discussion

malsancak. I think the Nationwide charges apply to all transactions in foreign countries not just cash which has an additional charge of 1 per drawing.

This probably also applies whatever the currency drawn, including sterling. So no benefit there. Please correct me if this is wrong.



lapta6


Joined: 10/07/2009
Posts: 19

Message Posted:
21/11/2010 18:27

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Message 10 of 26 in Discussion

Nationwide will only charge for drawing foreign currency, if you draw sterling there is no charge.



Lazy days


Joined: 24/07/2008
Posts: 847

Message Posted:
21/11/2010 18:31

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Message 11 of 26 in Discussion

laptagirl

mess 7

perhaps you could at the same time ask the main banks in the UK to dispense pakistani and Indian currency as there are many of them residing in the UK

LOL



laptagal


Joined: 28/05/2008
Posts: 549

Message Posted:
21/11/2010 18:46

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Message 12 of 26 in Discussion

Hi Lazy days - might do so if I was Indian or Pakistani and lived in UK.



waddo


Joined: 29/11/2008
Posts: 1966

Message Posted:
21/11/2010 19:33

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Message 13 of 26 in Discussion

Lapta6,



Sorry to say but Nationwide now charge for all withdrawals from ATM's that are not in UK. We thought that we had it cracked by only withdrawing Sterling but not so - the charges still apply! Wish they did not but there is no way around the charges now.



AlsancakJack



Joined: 14/08/2008
Posts: 5762

Message Posted:
21/11/2010 20:14

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Message 14 of 26 in Discussion

lapta6



'Nationwide will only charge for drawing foreign currency, if you draw sterling there is no charge.'



Then what do you do with 'sterling' out here? You use it to pay at supermarkets/restaurants etc at what exchange rate?

You need to do your sums.



malsancak


Joined: 23/08/2009
Posts: 2874

Message Posted:
21/11/2010 21:28

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Message 15 of 26 in Discussion

There is a 3% charge for withdrawing TL but only 1% for , I believe. You then convert the to TL at an exchange shop. BUT I'm going to use a Halifax Clarity Card instead, no charges apart from 15%pa for any balance.



Woodspeckie


Joined: 25/01/2009
Posts: 2263

Message Posted:
21/11/2010 22:37

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Message 16 of 26 in Discussion

waddo.If you have a debit card from the normal flexi current account then there is no charge, the charge is made if it is called a cash card.



PapaBravo


Joined: 29/12/2009
Posts: 19

Message Posted:
30/01/2011 11:53

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Message 17 of 26 in Discussion

I can confirm that if you withdraw Sterling here with your Nationwide Debit card (linked to your Flex Account), there is no charge. We have checked our account - there is NO charge.



Woodspeckie


Joined: 25/01/2009
Posts: 2263

Message Posted:
30/01/2011 12:46

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Message 18 of 26 in Discussion

Checked ours too used it during our 5 week stay no charges, also used our Nationwide credit card to pay our Hotel bill in sterling and again no charges, we paid it in full on our return to UK.



Toonie


Joined: 18/07/2009
Posts: 78

Message Posted:
30/01/2011 12:56

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Message 19 of 26 in Discussion

Still much confusion over Nationwides charges, all I can say is I withdrew two lots of pounds in December and was charged 1% both times.



gooligan


Joined: 30/01/2007
Posts: 1591

Message Posted:
30/01/2011 13:02

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Message 20 of 26 in Discussion

Toonie,do you have a flex account?



I have withdrawn sterling a few times this year and not had any charges from my flex account.



greenman


Joined: 16/02/2008
Posts: 526

Message Posted:
30/01/2011 13:18

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Message 21 of 26 in Discussion

Waddo, I would suggest you contact Nationwide if you have been charge for withdrawing sterling from an ATM on a Flexaccount. You may want to refer to this letter I received on 31/12/2010.

Today I received a phone call and this message (edited to fit in the message box and remove non specific information)







'As I understand matters, you have used an ATM in Northern Cyprus in the past to withdraw sterling and want to know what charges if any you will face. I am pleased to be able to confirm that the new FlexAccount policy change relating to cash withdrawals overseas does not affect the withdrawal of sterling from ATMs overseas. You will continue to be able to withdraw sterling from ATMs overseas free of charge. I would like to offer my sincerest apologies for the confusion you experienced surrounding this issue as a result of correspondence with Nationwide.'



Richard Haynes



Senior Manager



BBM Customer Experience



wanderer


Joined: 05/02/2009
Posts: 1653

Message Posted:
30/01/2011 13:42

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Message 22 of 26 in Discussion

If you use Bank of Scotland Halifax Nationwide to withdraw sterling from TRNC HSBC no charge Abbey National(Santandair) charge for withdrawals of Stirling this was October /November 2010



Woodspeckie


Joined: 25/01/2009
Posts: 2263

Message Posted:
30/01/2011 14:52

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Message 23 of 26 in Discussion

Toonie. You must have a cash card account and not a flex account, the cash card accounts have charges. We used HSBC and TEB ATM's for sterling and then changed to TL at the exchange office opposite Lemar.



Toonie


Joined: 18/07/2009
Posts: 78

Message Posted:
30/01/2011 15:37

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Message 24 of 26 in Discussion

Msg 23

No I used my flex account debit card, I normally use my Turk Bank Account when over here and only used my Nationwide as I did not half a hour to spare. The service at Turkbank is so bad dont know why I have accounts with them



Woodspeckie


Joined: 25/01/2009
Posts: 2263

Message Posted:
30/01/2011 15:48

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Message 25 of 26 in Discussion

Toonie. Don't know why 1% as the charges are 2% of the transaction amount plus 1 for each withdrawal these are the charges for currencies other than sterling, so why 1% perhaps you should be asking Nationwide. Where did you withdraw your sterling from the bank or ATM.



Toonie


Joined: 18/07/2009
Posts: 78

Message Posted:
30/01/2011 16:06

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Message 26 of 26 in Discussion

I withdrew the money from the ATM outside HSBC at the top of the high street. Yes your right next time I am in town I will pop into Nationwide and ask what the position is.



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