On 02/12/2011 16:26, Tom Hughes wrote:
On 02/12/11 16:13, Andreas Labres wrote:
What is interesting for all of us living in European counties:
Can donations be made via SEPA money transfer to the bank account of
the foundation?
I may be wrong but I think the foundation only has a UK sterling
account which means that the technical answer may be yes, in that the
UK is part of SEPA but the practical answer may be no in that a UK
bank will want to levy silly fees.
On the contrary, many UK banks do participate in SEPA and are therefore
obliged to treat SEPA transfers from other participating banks in the
same way as domestic transfers. SEPA maintains a list of participating
banks on their web site. You need to check the specific SWIFT code of
the bank account concerned - for instance, some bits of Lloyds Banking
Group are participants but, last time I looked, Halifax (part of LBG)
was not. I have a Portuguese euro bank account with BBVA (a Spanish
bank) and when I request an international transfer on their web site, I
have to select the target bank's SWIFT code from a list and it tells me
immediately whether that bank is a SEPA participant or not.
Surprisingly, being in a different currency doesn't seem to make a
difference to the rules about equal treatment.
--
Steve
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