changing lots of Euros to pounds

brodev

I shall shortly be realising an investment of 100000 euros and I was wondering if anybody knew of the cheepest way of changing this amount to good old pound notes. TIA

Dagobert

Have a look at Foreign Transfers: different banks - different exchange rates!. Not only do you want to avoid fees for such a large sum, but the exchange rate is going to make a big difference too!

I know of several banks who do not charge for a € receipt; my Egg savings account is the best option I know so far (see thread above); You would be able to set that up very quickly (check out whether you can get cashback from Rpoints or the like for opening the account).

On the European side, transfers up to €12,500 are free of charge. I don't know whether you will be able to transfer it in 8 chunks.

Regards,

innovate

brodev, my favourite xfer method for £-->Euro is via Moneybookers because they offer the best exchange rates and the lowest charges that I have yet come across.

In a different context, I have also now found out how to transfer Euro--->£ from your own non-UK bank account to your UK bank account. I don't know whether it is suitable for your situation, not least because there is a limit of £18 (equiv.) in any 60-day period. But might be worth you checking out this thread

canny_yorkshireman_2

yes inovate is correct try these links

https://www.moneycorp.com
https://www.afex.co.uk