1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Best way to transfer money with a Natwest account?

Discussion in 'General Discussion' started by AmDaMan, Jun 22, 2011.

  1. AmDaMan

    Mobster

    Joined: Oct 18, 2002

    Posts: 3,926

    Location: Wellington, NZ

    Hi,

    A friend i'm travelling with needs to send me some money to my account, the problem is he's with Natwest and they never told him he needed a card reader to make money transfers.. For some reason their online banking is terrible and this appears to be the only way. It's can't even be done over the phone.

    Are there any options anyone can think of?

    -WesternUnion charge silly fees and it wouldn't go straight to my account anyway.
    -Paypal, silly fees.
    -Getting the cash out using a debit card wouldn't get it into my halifax account, i'd have to but it in my Oz bank and wire it across so would probably incur fees and currency fluctuations.

    Any ideas?

    Thanks.
     
  2. kylew

    PermaBanned

    Joined: May 31, 2007

    Posts: 10,739

    Location: Liverpool

    Why not a paypal gift? I've sent and received these without any one paying fees.
     
  3. PaulyD

    Mobster

    Joined: Mar 24, 2008

    Posts: 4,587

    Location: High Wycombe

    Paypal gift as said above won't charge any fees to either person. Will just take time to clear into your bank account though
     
  4. AmDaMan

    Mobster

    Joined: Oct 18, 2002

    Posts: 3,926

    Location: Wellington, NZ

    Is there not a £50 limit or something though? He needs to transfer 1k. I don't mind waiting.
     
  5. Dave

    Mobster

    Joined: Oct 30, 2004

    Posts: 4,869

    Location: Twickenham

    Why doesn't he just order a card reader? Takes a few of days to arrive and the transactions are perfectly simple. I find their online banking pretty good actually :p
     
  6. AmDaMan

    Mobster

    Joined: Oct 18, 2002

    Posts: 3,926

    Location: Wellington, NZ

    He's in Australia with me and they don't send them abroad. We are not in any one location for more than a few days either. :p
     
  7. Aod

    Sgarrista

    Joined: Oct 7, 2004

    Posts: 8,655

    Location: London

    Also, if anyone he knows has a natwest cardreader he can borrow theirs.

    Dang...
    Phone up natwest and do it over the phone?
     
  8. AmDaMan

    Mobster

    Joined: Oct 18, 2002

    Posts: 3,926

    Location: Wellington, NZ

    Wouldn't let him, needs a card reader! Will get him to sign up to paypal now. Cheers.
     
  9. kylew

    PermaBanned

    Joined: May 31, 2007

    Posts: 10,739

    Location: Liverpool

    I've had over £100 gifts, so I know there's no limit of £50.
     
  10. PaulyD

    Mobster

    Joined: Mar 24, 2008

    Posts: 4,587

    Location: High Wycombe

    Same, I have had over £50 gifted to me with no problems, if there is a limit you could just do mulitple gifts :p
     
  11. Participant

    Caporegime

    Joined: May 13, 2003

    Posts: 27,014

    Location: Warwickshire

    Natwest online banking is terrible? News to me, I find it very good. You only need a card reader to set up the payee, not for each subsequent payment, it's all in the guff when you sign up for the account.
     
  12. Skull

    Mobster

    Joined: Jan 15, 2005

    Posts: 2,700

    Location: Penang, Malaysia

    Natwest can give you a card reader in-branch. They did for me anyway.
     
  13. D1ngd0ng

    Wise Guy

    Joined: Aug 20, 2009

    Posts: 1,192

    Location: Local to someone

    +1 although you need to use the card reader to add the payee and the first time you transfer to a payee. After that its all plain sailing though. Certainly beats Nationwide and Co-Op

    Don't think there is a branch in Australia
     
  14. AmDaMan

    Mobster

    Joined: Oct 18, 2002

    Posts: 3,926

    Location: Wellington, NZ

    Robbie, the card reader info wasn't mentioned to him when he was speaking to someone in branch before he came to Oz. I suppose it's not very fair of me to tar all of natwest based on that. It seems a bit of a hassle compared to say Halifax that doesn't have any restrictions or constraints for money transfers.

    Paypal is set up now, the limit is 1k anyway which is fine. Does the sender incur fees when sending a gift so the recipient doesn't or are there no fees at all?
     
  15. kylew

    PermaBanned

    Joined: May 31, 2007

    Posts: 10,739

    Location: Liverpool

    There should be no fees at all but if there are you'll be told about it before you send anything.
     
  16. Xinn

    Mobster

    Joined: Apr 5, 2006

    Posts: 4,103

    Location: Wakefield

    Natwest online banking is pretty good imo.

    It might be a hassle to use the card reader but at least it's secure. If somebody does get into your account they can't just transfer the money away.
     
  17. MrMoonX

    PermaBanned

    Joined: Dec 31, 2007

    Posts: 10,040

    natwest online is the best ive used, cardreader is a good thing
     
  18. ZombieFan

    Hitman

    Joined: May 14, 2010

    Posts: 953

    Location: Somerset

    To be honest, if he needs to wait for a card reader to get to him from the uk he might as well just send you a cheque through the post.

    edit - Ignore me. Missed that you were both in Oz :)
     
    Last edited: Jun 22, 2011
  19. AmDaMan

    Mobster

    Joined: Oct 18, 2002

    Posts: 3,926

    Location: Wellington, NZ

    To send me 1k it's charging him about £50. I suppose that's ok if there's limited options.
     
  20. justintime2001

    Wise Guy

    Joined: Mar 3, 2010

    Posts: 1,055

    Location: Staffordshire

    Natwest can do transfers via their Telephone Banking option, it just takes a couple of days to transfer. I have done this a few times without the need for a card reader.
    The number is +44 8705 888 444 and dont take no for an answer, it can be done.
     


Share This Page