If you had money lying in a bank in Spain would you transfer it back into a UK account , mostly asking because of this Brexit carry on and the Euro against the Pound at the moment , or just leave it In the bank ====================================

"Open Mike Night " sounded like a lot of fun until i found out i was going to an Autopsy

Right now, the £ is lower against the € than it has been since 2013. Some 'experts' say that they expect the £ to rise again in time.
How much interest are the funds earning in Spain? That may be a factor to offset against further depreciation of the £.
If you are really worried the £ is going to get worse, you could hedge your bets by transferring (say) half back.
Personally I'd be inclined to stick it out a little longer . My view is that the £ is undervalued at this level and will rise. But markets can be funny things ... and I don't claim to be an expert.
There, that doesn't help much, does it!!! Sorry. It's "bébéchoon", ackcherly, with accents. 'Steve' to my chums.
20 years ownership of Solihull products, ALL GONE NOW, sniff!
Current motor: Suzuki S-Cross 4WD auto, 1.4 petrol. Oh so reliable! 8 years now and no problems. Oh, all right then, a leaking shocker replaced under guarantee.
Previous:
TD6 HSE L322 Auto FF
2.5 TDi 4-door Classic
Disco II
And my 1st Rangie: in 1995, a 2-door VM 2.5 diesel Classic
Not to mention the Lada Niva before those. (I said not to mention it!)

Looking at things at the minute you may well get more £ than you initially put in so i'd pull it if possible and then let it linger(!) over here for a bit as the £ gets stronger bit by bit it will be much better in a few years and post full brexit so you'll have more money than a savings account would give IMO.

if you wanted to hedge your bets pull 75% and leave 25% there  FFRR MY06 facelift With TDV8 Alloys Zeros/ATR's
Mantec Sump Guard, Rigid Load liner, MY10 BT upgrade.

Funnily enough just had the same conversation with my sister in France and sister-in-law in Spain.
Sister in France converted £ to € at about 1.4.. They don't need it just now and have transferred a lot back here and made a profit... Previously..
Vogue SE TD6
Defender 90 2.4
Defender 110 TD5
Vogue 3.5 EFI

Just been on the XE website ... To do a rough example conversion ...

So not too sure at this rate ...

Click image to enlarge

Just be sure that the bank it is in, is covered against failure, up to the amount invested, in England, -sorry don't know about jock land, we (England) are covered, by banking groups, up to £75k, I think it wa £85k, but now it's reduced., as we know, some banks, go bad. And Spain has a history, of money probs. .
After Brexit, we might se a Spexit

Mick, based on my many years of juggling finances, I would go out to Spain on a "golfing weekend" and spend the lot just saying

Guys, the XE site is great but the rate is valid if you buy >1Mil, so do not expect similar rates, add 0.1 at least.

That said, I have just opted to send E to purchase Sterlings last week when it went below 1.2 at 1.85 I think and it is now at 1.75 so I asked again today if it was worth sending over another Rangie worth of Euros and it seems the Sterling is still going down a bit so still good to buys sterling indeed.

So if you have Euros in Spain, I would bring them to the UK now, not because of the Brexit per se, just because the sterling is low l=Oo\________/oO=l l:OolΞΞΞΞΞΞΞloO:l

Current
RANGE ROVER Vogue 4.4L SDV8 - 2013 - Indus Silver, on Almond.
RANGE ROVER Vogue 4.4L V8 - 2002 - ex-2003 G4 Challenge Event Vehicle, Stage 3: Australia
RANGE ROVER HSE 4.4L V8 - 2004 - one-of-one Overfinch
RANGE ROVER P38a 4.0L V8 - 1999 - ex-2000 TReK Event Vehicle: South Africa

Previous:
RANGE ROVER Vogue 4.4L TDV8 - 2012 - RANGE ROVER 3.6L TDV8 x3 - RANGE ROVER Td6 x1 - RANGE ROVER Classic 3.5L V8 x1

I'd be more worried about having a deposit in a Spanish bank than the EUR/GBP FX rate

1.2 is a reasonable level based on historic average - and as above, it really depends what rate you actually get.....

I'm sitting at Gatwick - I bought 1000EUR in London before I left at 1.16 - at the airport the rate is 1.01

It could go either way - the USD is strong, but GBP & EUR are both suffering because of Brexit - GBP slightly more, but not massively so far.

Bring your Euros to a German bank - after the Brexit i would NEVER ever bring cash to the UK - look what is happening to the banking place London - they prepare to exit to Frankfurt - that is cool real estate prices in Frankfurt and the other bigger towns over the fatherland will rise  All my spelling errorz are belong to me!

2024 RR Velar
2021 AM new Vantage

Alistair, if you get nearly one pound per euro, I would buy a lot of gbp.
Before the Brexit voting the gbp did 1,29 euro, the day after 1.23, now it's doing 1.17 and I am sure it will go back to before the brexit voting level within a year.
As soon as it hits 1.15 I'll be buying pounds again. I have bought pounds for years now when they hit a low. (Classiccar hobby) So imho it is nearly time to sell your euro, but do not buy cash that's the worst rate.

1.01 was the rate to buy EUR - the rate to sell was something like 1.37 - quite a spread - but that's why you should never change currency at an airport......

XXXAngelXXX wrote:

Bring your Euros to a German bank - after the Brexit i would NEVER ever bring cash to the UK - look what is happening to the banking place London - they prepare to exit to Frankfurt - that is cool real estate prices in Frankfurt and the other bigger towns over the fatherland will rise

Have you read what's happening to some of the German banks at the moment Angel. I'd only be sticking my money in there if it was a straight choice between Greece, Italy, Portugal and you beautiful homeland.

Basilfawlty ? What is happening to them mate ? They kick some employees? So what?! They all passed with no problems the stress test and got still a lot of cash  All my spelling errorz are belong to me!

2024 RR Velar
2021 AM new Vantage

Frankfurt is such a beautiful, exciting and cosmopolitan city - I really can't understand the reluctance of bankers to rush there in their thousands

If London cannot sustain its position as Europes financial centre, then I expect it to fragment across a number of cities - Paris and Dublin will likely benefit - but so will cities like Warsaw

Hopefully our politicians will see sense and I won't have to move anywhere