maur/ger : currency exchange??????????????

Dear Oricle,

At present I am being asked for my first installment by Ambasun, I am a naughty person and am overdue with the payment.

Sometimes a little knmowlege can be a dangerous thing,and as such I find I am reading too much about Spain and related matters to take it all in.

MY CURRENT PROBLEM, Ambasun have asked that I transfer the installment to their account at Barclays Bank is this mandatory and if not what are my options,anybody out there have experience on this one.

As I am late with the payment I wound appreciate any assistance with some urgency.

Already I know that if there is you will help---------- nice feeling

many thanks

ps. we live in Droitwich Spa.Worcs

but hail from the Emerald Isle

Hello Maur/ger

We also bought initially through Ambasun who were very good, but we made our 30% installment to our solicitor for them to pay the builder.

We used Hifx to do the transfer from this country they were very good and we got a good exchange rate on the euros.

You do not have to pay your instalments to Ambasun its up to you but I dont think there is anything to worry about if you do.I think they just like you to so that they know when they will receive their cmmision, they also offer a good rate for your currency.

Hope this is some help to you

Jane & Nige

Dear Maur/ger,      As complete novices and like you under pressure to pay, we paid the deposit through AMBA  SUN.  The rate was good and the transaction went through without a hitch.  I forget how long it took, about two weeks I think.   I would not worry too much about being late with the payment,  They are not worrying about the villas being late!

Hope everything goes okay,

Best Regards

Karen and Terry      (Tuscany AG)         Due completion sept 07  (laugh, we nearly died)

Dear Maur/Ger, I would not worry about your late payment.  We changed plots recently and our new contract was sent to us with details of further deposit needed.  I didn't read it properly at the time and when I did finally pay , it was only then I realised it was about 6 weeks overdue!  Nobody mentioned anything.

Janine & Matt

Just reading the comments about making payments. Don´t worry if you are late in paying, just let them know and they are happy. One thing I would say is NEVER; NEVER pay money to an agent but send it to the developer direct or via your solicitor.  At least your money is covered by a bank guarantee whereas if you send it to the agent and they go bust overnight then you lose your money!!. Don´t think it won´t happen, this happened a coulel of years ago in Torrevieja with "Oasis" property company and a lot of people lost a lot of money

I should think they are happy - had our money for a year and a half with no licence.  Laughing all the way to their spanish bank no doubt.

I shouldn't worry if you are late with paying at all.