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How to quickly transfer money to Spain

I'm staggered, amazed, gob-smacked - take your choice - I've just had to transfer a sizeable amount of money from the UK to Spain. I use a transfer company (Currencies Direct) to move money from the UK because it's cheap (as in free) and quick .. when I last did this the whole process took about a week (which is reasonable) - 3 days to transfer the money to the transfer company and another 3 days for the money to get to my account in Spain. This time the whole process took less than a day!!

What's changed? Well, my UK bank now uses Quick Transfer which means money is transferred between most UK Banks/Accounts immediately. Within 2 minutes of authorising the transfer, I received an email from the Transfer company saying it had received the money -- I was impressed, BUT, what I hadn't realised is that the same system works internationally - I don't know how fast it actually was, but I authorised the transfer at 11am and at 8am the next morning - when I checked my Spanish account - the money was already there .. cleared and waiting for me.

I'm one of the first to mutter about Banks but on this occassion it seems that they are actually trying to give us what we want without feathering their own nests .. so, for once, well done The Bankers

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Before anyone gets excited - better read this more recent blog

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