Best company for exchanging sterling to euro

freeofdebt1977

Hi,
Can anyone advise please, due to the pound being quite strong in relation to the euro at the moment what is best company to exchange sterling to euro (most favourable rates). It will be a significant amount approx. £3000-5000.
Thank you

redmalc

I have used Ice Currency for a number of years,very professional and they are competitive on rates.
If ordered before 3pm it will be delivered by midday the following day

Porcupine

Do you have a Euro bank account to put the results in, or are you planning on taking them in cash?

http://www.moneysavingexpert.com/news/travel/2015/01/is-it-worth-changing-euros-for-the-summer-holidays-now

Be warned that the 'international money transfer' guide linked from there seems flawed: most of the FX brokers quoted only publish the market (fee-free) rates on their websites - you only discover the true rates when you go to make an order. There's no evidence that MSE has done research on real transactions, so take the comments about 'strong exchange rate' with a pinch of salt.

The P2P brokers (CurrencyFair, TransferWise) were previously good because they took no cut of the exchange rate just a fixed fee - however now they do (0.35-0.5%). Still better than banks though, and possibly better than conventional FX brokers.

colsten

https://www.fxcompared.com/

organic_wanabe

I don't know where you live. I live in Edinburgh but go to London fairly frequently. I use Thomas Exchange Global in London (Cannon Street or The Strand) as I find them very competitive. I pick up at the counter but they may do an online service.

https://www.thomasexchangeglobal.co.uk/exchange-rates-check-exchange-rates.php

organic_wanabe

Also, this list was circulated earlier:

http://www.money.co.uk/travel-money/best-euro-exchange-rate.htm

Suze96

Please does anyone know if I can reasonably expect a conveyancing solicitor to transfer my UK house sale funds directly to my overseas Euro bank account by Transferwise without it passing through my UK bank? (To eliminate one extra bank from the loop). Thanks

mgdavid

Suze96 wrote: »

Please does anyone know if I can reasonably expect a conveyancing solicitor to transfer my UK house sale funds directly to my overseas Euro bank account by Transferwise without it passing through my UK bank? (To eliminate one extra bank from the loop). Thanks

Your solicitor is paid by you, therefore should do exactly what you ask him to do, providing it's not illegal in which case they are best placed to tell you so!