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In March 2004 I started a thread on the Balearic Jobs message board on the subject of money transfering services (which is still there! Click here to see it).


A lot of people have problems sending money home cheaply and quickly internationally, so I asked the Balearic Jobs community and this is the list of services that they came up with;

"ultrafunk" suggested;

Western Union

Western Union Locations in the Balearics (from Western Unions Site)THE PHONE BOX
CALLE DES CALO S,N
EDIFICIO CALAS DE IBIZA CALA DE BOU
BALEARES , IBIZA 07839
(34 ) ( ) 902010701

Could not find any in Mallorca or Menorca.

"I" suggested

Start with Eurocheque, International Money Order or bank cheque.

Below are the banks in Balearic Islands.  Send an email to the London representative listed below.  Try to find a European bank with a branch where you are working.
Banca March - Banca March -
Banco de Crédito Balear - Banco de Crédito Balear -
19 B, Craven Road
Londres-W2 3BP
REINO UNIDO
Tel.: 0044 207 402 73 93
Fax: 0044 207 402 78 35
E-mail: london@bancopopular.es

Banca March Bank offers a EURO Account for international visitors - click here for more information

chrissiemurray suggested

There´s an option called SWIFT to pay back loans or Credit Cards which is free when you have the account details of the company you are sending the money to. call them up and get the Sort code, Reference no, PAYE and Post-Code for the company. add to that your name and address and e.g. full Visa number and you can send money with no charge. Also, if you send a Euro cheque to the payments, barclaycard said they would not charge for the currency transfer. ask your card or loan company. there are a lot of us in this situation and they each have protocol for it.and finally "driven" suggested;I also needed to transfer money from a foreign country back to my family in Romania. After doing some research on the web I narrowed my selection to 3 companies: paypal, 2checkout and iKobo. To my unpleasant surprise paypal didn't cover Romania, and 2cO's setup fee was too high for me to afford, so my only option remained iKobo. After creating my account free of charge at www.iKobo.com I put money into the account. After 5 business days my family received a visa plus card and then could withdraw the money from a visa ATM. So far everything was ok, I hope things will stay this way.

In summary;

To make your own suggestions click here to visit the message board thread and enter your suggestion into the "Reply" box at the foot of the page