PPRuNe Forums - View Single Post - Which Bank is the BEST in DXB????
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Old 2nd Apr 2008, 12:31
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Nil defects
 
Join Date: May 2001
Location: Knoteetingham
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Same from me re HSBC.

They con you into their bank in the first place by promising free transfers to home country. However to recover that cost they charge 4% EXTRA on the exchange rate. Lloyds only charge 0.8% extra plus a 50 dirham transfer fee.

If you are sending 20K dirhams home there is a potential saving of 3.2% with Lloyds which will translate to nearly AUD$200 more each month in your account. Meaning over 2000 dollars extra per year.

I will also be changing over to Lloyds shortly as are many others.

The things I don`t know about Lloyds yet are:

1) Their internet banking Facility's
2) How many Lloyds ATMs are about - haven`t seen any?
3) Other account keeping fees.

So if anyone else can answer those questions. Thanks
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