How to transfer funds from mBank (PLN) to a brokerage account in XTB (EUR) in the cheapest way?
I would like to know the cheapest way to convert and transfer funds from mBank (account in PLN) to a brokerage account in XTB (account in euro)?
I would like to know the cheapest way to convert and transfer funds from mBank (account in PLN) to a brokerage account in XTB (account in euro)?
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6 answers

I exchange currency in Walutomat, usually EUR->PLN. In a few minutes I have PLN on my account, the other way around probably works similarly. From a EUR bank account to a EUR account in XTB - SEPA transfer.
I exchange currency in Walutomat, usually EUR->PLN. In a few minutes I have PLN on my account, the other way around probably works similarly. From a EUR bank account to a EUR account in XTB - SEPA transfer.
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mBank has an exchange office.
So you set up a currency sub-account and exchange.
Apart from the fact that you can operate in PLN on XTB.
mBank has an exchange office.
So you set up a currency sub-account and exchange.
Apart from the fact that you can operate in PLN on XTB.
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It's best to go to your bank to withdraw money, go to the exchange office to exchange it for euros and deposit euros to your account and then transfer it because if you make a currency conversion in the bank you will lose a lot of money and it doesn't pay off at all
It's best to go to your bank to withdraw money, go to the exchange office to exchange it for euros and deposit euros to your account and then transfer it because if you make a currency conversion in the bank you will lose a lot of money and it doesn't pay off at all
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You can set up a foreign currency account for your account in virtually every bank. In some banks it is a free service, in others it is paid for a few zlotys.
Another option is the so-called unspread cards - I don't know exactly but apparently many banks offer it to the account and give good conversion rates in transactions in other currencies.
No one mentioned 3 options... some bank and well - avoid like the plague even though it looks like a good deal from the adverts.
You can set up a foreign currency account for your account in virtually every bank. In some banks it is a free service, in others it is paid for a few zlotys.
Another option is the so-called unspread cards - I don't know exactly but apparently many banks offer it to the account and give good conversion rates in transactions in other currencies.
No one mentioned 3 options... some bank and well - avoid like the plague even though it looks like a good deal from the adverts.
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How to transfer funds from mBank (PLN) to a brokerage account in XTB (EUR) in the cheapest way? The cheapest way to send funds from mBank to a brokerage account in XTB in EUR is to use a SEPA transfer. This can be done through online banking by selecting the "international transfer" option and setting the recipient's country as "Poland" and providing the IBAN number of the XTB account and its BIC/SWIFT code. A SEPA transfer is cheaper than a traditional international transfer, because the fees are set top-down and independent of the amount of funds sent. However, banks may charge processing fees. It is best to consult mBank for information on fees. Highlights: The cheapest way is SEPA transfer; The amount of fees depends on the banks; It is best to consult mBank for information on fees.
How to transfer funds from mBank (PLN) to a brokerage account in XTB (EUR) in the cheapest way? The cheapest way to send funds from mBank to a brokerage account in XTB in EUR is to use a SEPA transfer. This can be done through online banking by selecting the "international transfer" option and setting the recipient's country as "Poland" and providing the IBAN number of the XTB account and its BIC/SWIFT code. A SEPA transfer is cheaper than a traditional international transfer, because the fees are set top-down and independent of the amount of funds sent. However, banks may charge processing fees. It is best to consult mBank for information on fees. Highlights: The cheapest way is SEPA transfer; The amount of fees depends on the banks; It is best to consult mBank for information on fees.
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