EU sending money question

Discussion in 'The Barracks' started by Chris C, Jul 7, 2021.

  1. Chris C

    Chris C Canadian Patron

    Ok I hope this doesn't break any rules. It's more a "how well set up is banking over there?" thing. I'm not looking for advice

    The WW2 bit is that I found a small Dutch archive with some nice photos. They have sent me files of these for my book and regarding payment... They just sent me some sort of banking code starting with NL for Netherlands obviously and then letters and numbers.

    If I was in the EU (or the UK?) would that be all you'd need to wire some money?

    I think from Canada I'm going to need the name and address of the bank as well.
     
    JimHerriot likes this.
  2. Charley Fortnum

    Charley Fortnum Dreaming of Red Eagles

    From my experience, you need only an address and an IBAN (International Banking Account Number).

    The IBAN number consists of a two-letter country code, followed by two check digits, and up to thirty-five alphanumeric characters.

    The check digits for the Netherlands are '91'

    Example: NL91 ABNA 0417 1643 00

    The 'ABNA' part will be the code for the bank name.
     
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  3. papiermache

    papiermache Well-Known Member

    Be very careful sending money to Dutch banks. I did this and then found the receiving bank levied a ridiculous charge to the payee for handling the transfer so had to repeat the process and ended up with another book from the vendor that I did not really want. However, the original book was well worth it. It contained information I have not seen repeated in statements from archives regarding the particular subject matter.

    Ask your payee how much the bank will charge them for the privilege of pressing a couple of buttons. ( I have nothing against the Dutch, by the way, it's the bankers that drive you nuts. ) Oh, and your bank will charge you, an' all. I hope you've still got a local bank. ( I'll keep quiet now. )
     
    Chris C likes this.
  4. Andreas

    Andreas Working on two books

    I would use Paypal or Transferwise (now Wise), which work very well without the ridiculous charges.

    All the best

    Andreas
     
    Chris C likes this.
  5. papiermache

    papiermache Well-Known Member

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