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sorry but im going to poke my eyes out if i dont ask
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Ezzy
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Joined: 09 May 2006
Posts: 1374
Location: Stafford, UK

Post Post subject: sorry but im going to poke my eyes out if i dont ask Reply with quote

ive been searching for ages and im still waiting to hear from solbank in tenerife and ive a feeling i'll be waiting a while and also waiting to hear from global currency solutions for some information to
Crying or Very sad
i'll get to my point ...me and paul dont know what the best way is to sort our savings out for tenerife. we dont have a bank account set up as yet in tenerife as were still in the uk and i'm assuming you need a NIE number first before you can open a bank and we dont want to carry the amount we have in euros because that would be stupid...im stuck for ideas because ive got a feeling if we use our current account card in tenerife they'll charge us a lot for withdrawing money. Confused

ive got a feeling the best way is bringing it via travellers cheques but then theres the risk of the currency rate being lower your end Shocked

eek sorry if this is a confusing post im confused my head hurts and my eyes are stinging...roll on the 30th april anyway Very Happy

any help would be appreciated as ever!!!!!!!!!!
Tue Apr 17, 2007 2:53 pm
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rob
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Joined: 08 Aug 2004
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Location: Tenerife

Post Post subject: Reply with quote

I find CajaCanarias to be the best for banking here. They have specialist linguists who's job it is to deal with the english and you can bank online if you wish. You can have an account without an NIE, just your passports. I'm not sure if you can open one from the UK but I'm meeting with a director of that bank tomorrow so I can ask for you. I'm now going to ring global to see what's happening.
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Tue Apr 17, 2007 3:48 pm
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Ezzy
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Post Post subject: Reply with quote

Oh rob thanks millions and millions your a star!!!

Tue Apr 17, 2007 3:56 pm
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strippersrus
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Joined: 18 Feb 2006
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Location: tenerife

Post Post subject: Reply with quote

I opened an account with sol bank here and it is instant...I used my passport..

I am now going to use caja canarias aswell lol
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Tue Apr 17, 2007 5:27 pm
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xLisax
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Joined: 30 May 2006
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Location: London

Post Post subject: Reply with quote

Ezzy,

Currency is usually higher in Tenerife.

Last year i got 1.44 in the UK but 1.49 in Tenerife..
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Tue Apr 17, 2007 9:12 pm
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Ezzy
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Post Post subject: Reply with quote

thanks strips ive contacted them but they said i need a Certificate of Fiscal Residence so may take a while to set up Sad
Wed Apr 18, 2007 8:54 am
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Ezzy
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Post Post subject: Reply with quote

well thats even better lisa Smile
Wed Apr 18, 2007 8:55 am
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xLisax
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Joined: 30 May 2006
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Post Post subject: Reply with quote

Currency is usually higher in Tenerife/Spanish countries..

Foreign people love English money!
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Wed Apr 18, 2007 8:59 am
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Ezzy
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Post Post subject: Reply with quote

well i dont love anything about the uk but if it means i get more for my money bring it on tee he he he xxx
Wed Apr 18, 2007 3:24 pm
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xLisax
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Post Post subject: Reply with quote

Haha
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Thu Apr 19, 2007 9:51 am
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rob
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Post Post subject: Reply with quote

xLisax wrote:
Currency is usually higher in Tenerife/Spanish countries..

Foreign people love English money!


Not for cash it isn't. The best exchange rates come from specialist foreign exchange brokers.
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Thu Apr 19, 2007 12:55 pm
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Ezzy
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Post Post subject: Reply with quote

what about travellers cheques?
Thu Apr 19, 2007 1:54 pm
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pablofromglasgow
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Joined: 02 Mar 2006
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Location: tenerife or glasgow

Post Post subject: Reply with quote

Cool as long as you have a safe in your apartment i would take cash.... most small excursion shops give a good rate generally 5 to 10 euros more than the banks and they dont charge commision . back in march i was getting 152 euro for £100 ,, the banks were around 146 for £100 . but your 1st concern is how safe your money is in your apartment ..
Thu Apr 19, 2007 2:01 pm
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Ezzy
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Post Post subject: Reply with quote

i just dont feel to happy carrying all our savings hmmm x x x
Fri Apr 20, 2007 2:25 pm
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rob
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Post Post subject: Reply with quote

DON'T DO THAT. If it gets stolen is it worth trying to make a few cents? Have global given you a rate? In 20 years I've always found that a forex company is the cheapest option. If you carry it in don't forget to make a declaration if it's more than 10,000 Euros or customs will confiscate it till you prove that it's legal money. http://www.sun4free.com/forum/ftopic6351.html

Please listen to someone with experience.
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Fri Apr 20, 2007 3:21 pm
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