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is the currency converter site genuine

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yar_2
yar_2 Posts: 39 Forumite
Part of the Furniture 10 Posts
edited 13 April 2013 at 4:07PM in Flights, currency & car hire
**** ***Bureau-de-change.net
The above site is offering 1.54 on sterling to USA dollar but when i try to buy Firefox block's the site saying that the connection is untrusted does any one no if this provider is legitimate
YAR
«1

Comments

  • aerostar
    aerostar Posts: 1,738 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Not sure how you got that rate - I think you may have picked the wrong $ as currently they show the rate at around 1.54
  • yar_2
    yar_2 Posts: 39 Forumite
    Part of the Furniture 10 Posts
    sorry just seen that it was good while it lasted lol but any way this seems to be a good rate 1.54 is this site genuine
    Yar
  • _Andy_
    _Andy_ Posts: 11,150 Forumite
    Wouldn't touch it with a bargepole..c'mon, does it remotely look like the site of a professional business?

    Owned by the equally awful looking car-rental-hire.co.uk and whichcottage.com.

    It probably is 'legit' but I would never, ever, ever make a transaction or purchase from a site so bad
  • benjus
    benjus Posts: 5,433 Forumite
    Part of the Furniture 1,000 Posts
    If you google the phone number you find that they operate various other FX sites, including the rather more professional looking http://www.holidaytravelmoney.co.uk/

    According to the rates on this, their rate for BUYING US dollars is 1.5482 (exactly the same as the website you quoted), which, if accurate, is an excellent buying rate (representing a spread of under 1% on the spot rate). However, if you have Pounds and you want Dollars you need to look at their SELLING rate, which is 1.7007; this is a dreadful rate, a spread of over 10% - you'd be better off at the Post Office.

    In summary - if these rates are genuine it's a great place for foreign tourists in London to change their money, but a terrible place for Brits going abroad.
    Let's settle this like gentlemen: armed with heavy sticks
    On a rotating plate, with spikes like Flash Gordon
    And you're Peter Duncan; I gave you fair warning
  • dzug1
    dzug1 Posts: 13,535 Forumite
    10,000 Posts Combo Breaker
    benjus wrote: »
    If you google the phone number you find that they operate various other FX sites, including the rather more professional looking http://www.holidaytravelmoney.co.uk/

    According to the rates on this, their rate for BUYING US dollars is 1.5482 (exactly the same as the website you quoted), which, if accurate, is an excellent buying rate (representing a spread of under 1% on the spot rate). However, if you have Pounds and you want Dollars you need to look at their SELLING rate, which is 1.7007; this is a dreadful rate, a spread of over 10% - you'd be better off at the Post Office.

    In summary - if these rates are genuine it's a great place for foreign tourists in London to change their money, but a terrible place for Brits going abroad.

    You've got it the wrong way round, Benjus - the 1.54 is if you've got ££ and want $$ and is a good rate. The 1.70 is if you have $$ and want ££ - not a good rate but not untypical
  • Neil49
    Neil49 Posts: 3,362 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Take a look at the currency website accessed via MSE to get a good idea of current rates.

    I used ICE last year but was able to collect from London. Their current rate is 1.511

    http://travelmoney.moneysavingexpert.com/
  • ferf1223
    ferf1223 Posts: 8,936 Forumite
    Part of the Furniture
    dzug1 wrote: »
    You've got it the wrong way round, Benjus - the 1.54 is if you've got ££ and want $$ and is a good rate. The 1.70 is if you have $$ and want ££ - not a good rate but not untypical

    their table is confusing I think (www.holidaytravelmoney.co.uk/)

    It actually says at the top "we buy" and "we sell"...but the rates are the wrong way around...

    their table shows buy to = customer buying from them and sell = customer selling to them...even though it says 'we buy' and 'we sell'.

    if you start at transaction to buy it does in fact give the rate from their table under 'we buy'...1.5482.
    Does remembering a time that a certain degree of personal responsibility was more or less standard means that I am officially old?
  • yar_2
    yar_2 Posts: 39 Forumite
    Part of the Furniture 10 Posts
    If you go as far as trying to purchase dollars the actual rate you get is 1.54
    But at this stage fire fox gives me a warning saying the page is not trusted what does this mean ?
  • ferf1223
    ferf1223 Posts: 8,936 Forumite
    Part of the Furniture
    Does remembering a time that a certain degree of personal responsibility was more or less standard means that I am officially old?
  • benjus
    benjus Posts: 5,433 Forumite
    Part of the Furniture 1,000 Posts
    dzug1 wrote: »
    You've got it the wrong way round, Benjus - the 1.54 is if you've got ££ and want $$ and is a good rate. The 1.70 is if you have $$ and want ££ - not a good rate but not untypical

    Ugh... must have been half asleep this morning...
    Let's settle this like gentlemen: armed with heavy sticks
    On a rotating plate, with spikes like Flash Gordon
    And you're Peter Duncan; I gave you fair warning
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