Transferring large sum in UK account with currency exchange

colsten

brianposter wrote: »

However foreign exchange brokers offer the best exchange rates and no fees. You simply need to learn a little before you use them.

Yeah, and hope you have completed your learning before they vanished with your cash.

brianposter

colsten wrote: »

Yeah, and hope you have completed your learning before they vanished with your cash.

There is not the slightest reason to suppose that using a foreign exchange broker is more risky than using a money transfer agent. Both involve more risk than using a conventional bank, and someone who has learnt a little might at least understand the risks.