Are there any charges for account transfer?

Transferring Funds Internationally with Halifax: Charges and Exemptions

For customers transferring funds internationally through their Halifax Current Account, a transaction fee of £9.50 applies. However, this charge is waived for euro payments. This makes international money transfers within the Eurozone a cost-effective option for Halifax customers.

Transaction Fee Details

The £9.50 transfer fee applies to all international payments made through the Halifax Current Account, except for euro payments. This fee is a flat rate regardless of the amount being transferred.

Euro Payment Exemptions

To encourage cross-border transactions within the Eurozone, Halifax has exempted euro payments from the £9.50 fee. This exemption applies to both personal and business euro payments.

Additional Exemptions

In addition to euro payments, there may be other specific exemptions or fee reductions available for certain types of international payments. Halifax recommends that customers contact their local branch or visit the Halifax website for further information on specific exemptions.

Cost-Effective Euro Transfers

With the exemption for euro payments, Halifax customers can make international transfers within the Eurozone without incurring any additional fees. This makes it a convenient and affordable option for sending money to countries such as France, Germany, Italy, and Spain.

Conclusion

Halifax offers a straightforward and cost-effective way to transfer funds internationally. While a £9.50 fee applies to general international payments, euro payments are exempt from this charge. This makes Halifax a competitive option for customers who regularly make cross-border transfers within the Eurozone.