Originally Posted by
frankvb
Interesting - same experience by me was that HSBC wanted to charge about £25 + a few percent on the mid-exchange rate to transfer some money to my Dutch bank account. So I guess the only thing they should charge is the few percent mark-up + £6? Which is likely still worse than just sending a GBP cheque to my Dutch bank, which only recently started charging something like a 0.25% currency exchange mark-up fee (on top of the 12 euro paying-in-a-cheque fee).
They should convert GBPs into EURs at interbank rates, and charge something for the conversion. If I was charged GBP 25, I'd complain (EC Commission website has details of where to complain).
Tom