Best exchange rate for Euros

Janette_2

I am looking to exchange £100,000 into Euros in the next couple of months which will be used as a deposit for a house in France. How and where can I get the best exchange rate?

Jonbvn

Travelex are well known for doing large transfers.

From their website.
Whether you are buying in Spain, France, Florida or exploring exciting new destinations such as Bulgaria or Croatia, exchange rates shift minute by minute. This means the price your developer or agent quotes you today may not be the price you eventually pay for your home.

Research recently carried out in the UK shows that the currency fluctuations add an average of £7,000 to the price of a typical overseas property and in some cases, it could be more. Are you covered against the risk?

Travelex Personal Transfers offers:

* Commercial exchange rates
* A dedicated trader
* You can lock rates up to 2 years in the future* (also known as a rate guarantee or forward contract)
* Easy to open a no-obligation trading account
* No fees (even if there are receiving fees, we take those costs)
* No commission

Whatever you do, for large sums ensure that you do not get tourist exchange rates.

blondie7

I find M&S are usually the best but you are probably better off either ringing or calling into some places as with that amount you might get an even better rate.

Jonbvn

blondie7 wrote: »

I find M&S are usually the best but you are probably better off either ringing or calling into some places as with that amount you might get an even better rate.

Sorry but do NOT use M&S, which is entirely for tourist rates, not 100k!