Help, savings in Euro need to change to GBP

Jayde9676

Hello,

I live in Malta with my fiancee and have done for the past 2 years, we're both from the UK and we are saving to buy a house back in England, we have our salaries going into our Maltese bank accounts and we're trying to work out the best way to change our savings from euros to pounds.

We've looked around and a straight up transfer from one bank to the other will cost us a heck of a lot and a few months of saving will have been for nothing as we will loose it in fees and conversions.

Does anyone have any suggestions at all?

Thank you in advance, any help is greatly appreciated!! :j

John_G_Jones

Have a look at Revolut. I’ve no idea if you’ll find it right for you but I’m using it to transfer my EUR earnings into GBP.

Marine_life

I have moved a lot of money with these people:

https://www.ofx.com/en-gb/

No transaction fees, good rates and very straightforward once the account is set up.

Retireby40

Transferwise is usually quite good.

shover

Currencyfair has worked well for me (Germany to UK)

AnotherJoe

I've used highfx before I think they are now called xe. Good rates when I used them. Transferwise seems to get good reports but no experience myself.

resilie

I've used transferwise many times - have probably moved 40k euro in the last 4 years with them - very quick, cheap, easy
Used moneycorp in the past as well - ok but not as cheap as transferwise last time I checked

EdGasketTheSecond

Use Transferwise; my son's used them many times. If it were me, I wouldn't risk the whole amount in one transaction as I think you don't have FSA protection for your money in the same way you probably would with a bank transfer although transferwise are authorised by the FCA. maybe someone can confirm what, if any, protection there is if money goes missing during a transfer?

Motormad

Transferwise for me too,no hidden extras,I think it was 0.5 percent last time I used them.

1882

Keep your Euros, them and US Dollars might be the only currency worth having here post b**x*t

EdGasketTheSecond

The euro is doomed. There is no political union and countries in the euro zone are pulling apart not coming together hence it is doomed.


US dollar is only supported by massive debt; once confidence is lost it will be toast.


Put the lot in gold, the only true currency that will always be around. All fiat currencies have a limited shelf-life.