exchange rates

edited 30 November -1 at 1:00AM in Budgeting & Bank Accounts
66 replies 18.6K views
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Replies

  • I transferred a lot of money to spain for a house purchase and followed a lot of the recommendations from this chat forum and would like to highly recommend the following:
    Robin Haynes
    Director
    Foreign Currency Direct

    Extremely helpful and made everything very easy to understand. I will telephone Robin again next time I need to send money over.
    Also got a terrific rate ;) Many Thanks

    Learn from the mistakes of others - you won't live long enough to make them all yourself.
  • DiggingOutDiggingOut Forumite
    770 Posts
    Is this a good candidate for being made "sticky"?
    I have five stars! This doesn't mean that I know anything about any of the things I post. I could be a raving lunatic, or a brilliant genius, or just some guy on the internet. In fact, I could be all three at the same time.

    If anything I say makes sense, then do it. If not, don't. Don't blame me or my stars if you do something stupid because I suggested it. I'm responsible for my own stupidity only. You are responsible for yours.

    Why, I don't even have five stars anymore! Aren't you glad you aren't responsible for my stupidity?
  • ioscorpioioscorpio Forumite
    2.4K Posts
    Part of the Furniture 1,000 Posts Combo Breaker
    ✭✭✭✭
    I did use isxfx a few months ago and their service was alright.
    I have been trying to contact isxfx by phone since yesterday and cannot get a reply, has anyone used them lately.
    I notice their phone no has changed to an 0208 no but their office is Fleet Street???
  • wrote:
    Try Currency Direct (www.currencies.co.uk) 0800 328 5884. I used the recently to move US$ for a house purchase and saved £3,500. Free account set up and trades at 1% below spot, fast efficient and friendly - I would recommend them and use them again.

    In the world of FX, what does 'spot' mean?
  • grumblergrumbler Forumite
    54.5K Posts
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
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    See: http://en.wikipedia.org/wiki/Spot_rate

    I think this rate is very close to interbank one that you can see, for example, here: http://oanda.com/
    We are born naked, wet and hungry...Then things get worse. :(

    .withdrawal, NOT withdrawel ..bear with me, NOT bare with me
    .definitely, NOT definately ......separate, NOT seperate
    should have, NOT should of
    .....guaranteed, NOT guarenteed
  • BannonBannon Forumite
    3 Posts
    I am trying to arrange the transfer of money from my house sale in France to my bank in the UK by doing a 'bank to bank' transfer. Is this the best and only way given that I will have no control over getting the best exchange rate? My UK bank tells me that I can negotiate a rate with them but I'm not sure how that would work and obviously I'm nervous about involving and unknown third party.

    Cheers guys.
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