Any one had problems with sending money using bank swift codes?

Question

I needed to send some money to europe two weeks back. Since I got a pound sterling account (GBP), I couldn't do a transfer because the other account was a euro account (EUR)...

So... I took help from a money exchange company called Zarco and asked them to do a telegraphic transfer for me. The amount was 400 euros and they said that it was the lowest that they were ever sending. I was told that telegraphic transfers are usually done by businesses to exchange money between them etc and those kinda transfers are usually loaded (large amounts).

Anyway, to cut the long story short, the money didn't make it to europe. Transfer was done through bank account number (IBAN), bank code and swift code.

What should I do? Please help...

Answer 1

What bank sent the transfer? Was Euros really sent? What country are your from? More info is needed. What was the name of the beneficiary bank? Give me that info and I will see how I can assist you.

At this point you need to have the British Bank Trace the Transfer. I am sure the German Bank has the funds. -but the ultimate beneficiary does not. Zarco needs to give you a copy of the telegraphic transfer. Zarco is Barclays customer so they can contact them for a copy.