Olive Press News Spain
EU regulations no longer apply to certain operations after Brexit
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SEVERAL high-street Spanish banks have begun charging a fee for receiving money transfers from the UK.
Nicole Chandler, 71, is a client of a major financial company on Denia’s Marques de Campo street. She contacted
The Olive Press to warn other British expats about new charges being levied on receiving pensions and transfers from Britain after Brexit.
“I have been informed by my advisor that I now have to pay €15 for my private pension from the Bank of England and €15 for my State pension every month,” Nicole told us.