Nationwide customer - Free withdrawls

luaqhgt


Joined: 17/03/2010
Posts: 159

Message Posted:
08/03/2011 17:24

Hi

Can anyone help Please.

I am a Nationwide customer and am wanting free cash withdrawls in and around Kyrenia, Which banks have ATM'S with English translation which offer charge free withdrawls.

oldshep


Joined: 02/11/2008
Posts: 609

Message Posted:
08/03/2011 17:31

hsbc draw in pounds no charge

cooper


Joined: 23/10/2007
Posts: 3386

Message Posted:
08/03/2011 17:33

If you have a flex account you can withdraw stirling fee free from atm's at either hsbc or teb which is near mr pound.

karakum5c



Joined: 18/03/2008
Posts: 1021

Message Posted:
08/03/2011 18:44

The exchange rate is better from the bank dispenser than the money changer.



Why lift £ sterling from machine to avoid small charge and then have to change it for TL at a worse rate.





That has been my experience others may have had a different experience ?

wotzup7


Joined: 27/02/2010
Posts: 108

Message Posted:
08/03/2011 18:56

I enquired in a Nationwide branch a couple of weeks ago and they informed me they have stopped "Free" withdrawals and now charge.

malsancak


Joined: 23/08/2009
Posts: 2874

Message Posted:
08/03/2011 18:57

it's not a small charge it's 2% + £1 = £3 per £100

greenman


Joined: 16/02/2008
Posts: 526

Message Posted:
08/03/2011 19:07

'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

Woodspeckie


Joined: 25/01/2009
Posts: 2263

Message Posted:
08/03/2011 19:25

msg 6. Not if you have the flex account used mine in NC no charges. I also used my Nationwide credit card to pay my 5 weeks North Cyprus Hotel bill, got the bill 8th Feb and paid it on 18th February, paid in full and not charged a penny, great had 5 weeks holiday 8th Dec to 12th Jan without laying out any money except for the flights.



msg 5. No charge for sterling withdrawals overseas. see msg 7.

the butler


Joined: 22/06/2007
Posts: 1958

Message Posted:
08/03/2011 19:27

Msg4





If you use a flexaccount card to withdraw money from ATM machine and withdraw Turkish Lira you are not only charged 2% for doing this but you get the exchange rate in the UK. In my experience this is always a lot lower than anywhere in the TRNC. I withdraw sterling and then change at the exchange opposite Lemar as I have found they give the best rate of exchange.





The butlers wife

wanderer


Joined: 05/02/2009
Posts: 1653

Message Posted:
08/03/2011 19:40

Using Nationwide credit card for bill paying no penalty in Europe (Turkey TRNC included)

Flexaccount used to be commercial rates for foreign currency so good ) now there is a penalty unless you withdraw Stirling from atm

abbey/santandair penalise you for withdrawing Stirling from current accounts from foreign atm's similar to nationwide

Halifax & Bank of Scotland do not charge for Stirling withdrawals from foreign atm's

Woodspeckie


Joined: 25/01/2009
Posts: 2263

Message Posted:
08/03/2011 20:04

Changing Sterling into TL at the bank is never as good a rate as changing at the money exchange as always been our experience in NC and Turkey, we always take Sterling or get it from ATM and go to an exchange office.

Groucho



Joined: 26/04/2008
Posts: 7993

Message Posted:
08/03/2011 20:10

The way to go... draw out Sterling from Nationwide Flex-account using Debit Card (not cash card)... then visit an HSBC teller and pay it into your HSBC Sterling Current a/c... then go to the ATM and buy TL exchange and then draw it out in TL... no fees and good rates.

Navek



Joined: 01/06/2008
Posts: 2656

Message Posted:
08/03/2011 20:24

Drew out Sterling today,

Flex Debit card, no charge.

got 2.57Tl @ monexchange.

Happy with that

Navek

nostradamus


Joined: 15/04/2008
Posts: 557

Message Posted:
09/03/2011 08:11

HSBC, TEB and at least some of Garantee Bank ATMs - the one outside Bektas in Karaoglanoglu certainly gives sterling. 2.61 sterling/TL at the money exchange in Alancak on Monday.