I have sold my house in France - Help

herbiecat_2

We have sold our house in France and now we have got the money from it in Euros in a Euro account with our First Direct Bank. Does anybody know which is the best bank/company that has the best rates for us to change the money back to British sterlins?
Any suggestion and help is very much appreciated.
Kind regards

cjmumto2

I recommend First Rate FX http://www.firstratefx.com/, definitley dont use a bank. We also sold in France then had to change money back.

herbiecat_2

Did you use these people to exchange your money from your house in France?

G_M

Why on earth does it make any difference whether the money cjmumto2 transferred came from a property sale or elsewhere?

You've owned a house in france - how do you normally transfer money back and forth....?

ps - try posting on the budgeting & banking forum for better advice as this is not a property related Q.

missmilly

When we sold our house in France 2 years ago, I used http://www.moneycorp.com.

I registered with them, and told them the rate I was hoping to achieve (I was happy to wait for it!), I had also registered with another company and told them the same.

Immediately the exchange rate reached my figure I had a call from Moneycorp to let me know. I transferred my euros from my French bank accound to my English bank account very quickly and totally painlessly.

The second company called me a week after Moneycorp, so they lost out!

Hope this helps, it really was very easy, the hardest part was instructing the French bank to release the money to a third party, but we got there in the end.:)

herbiecat_2

G_M wrote: »

Why on earth does it make any difference whether the money cjmumto2 transferred came from a property sale or elsewhere?

You've owned a house in france - how do you normally transfer money back and forth....?

ps - try posting on the budgeting & banking forum for better advice as this is not a property related Q.

It's the amount of money, so that people do not get confused with buying and selling foreign currency for holidays

mr_fishbulb

I have got no idea if these guys are any good, but I did hear about them in a motley fool podcast. The concept seems sound (if a little difficult to get your head round at first).

http://www.currencyfair.com/

mr_fishbulb

herbiecat wrote: »

It's the amount of money, so that people do not get confused with buying and selling foreign currency for holidays

Put in the title "Best way to move ~£100K from euro to £" or something like that.

cjmumto2

Herbie cat sorry I never subscribed to the thread, but yes when we sold we had to change the money back to sterling and did so via them.

CloudCuckooLand

How did the OP get their money to France, to buy the house in the first place ? Was that safe, efficient, competitive ?

ahll

I am soon to be in the same position from France in Euro's to my UK bank (Lloyds TSB).

Its been a while since this was posted so does anyone have any feedback on what they used ? ..I have not done this before so open to suggestions as to the best option(s)

I found this link on the budgeting & banking forum HERE but there seems to be more information on this link