Best way to convert € to £

Pugliese

Just sold my property abroad and the sale proceeds in Euros will be coming in several tranches over the next 5 months and is being credited to my Starling Euro account.

What is the best way to convert to Sterling? 

Have used Currency Fair in the past, but that was a few years ago and wondered if there were any more cost effective ways.

thanks

friolento

Can't you simply use your Starling accounts?

eDicky

With the euro account on-screen in the Starling app > Payments > Transfer between accounts > Transfer ... Etc. Mid-market rate with 0.4% fee, you won't do much better elsewhere.

Pugliese

eDicky said:

With the euro account on-screen in the Starling app > Payments > Transfer between accounts > Transfer ... Etc. Mid-market rate with 0.4% fee, you won't do much better elsewhere.

Thanks for the reply. I'll clearly have to do a comparison, as I thought by matching with a euro buyer on Currency Fair would get a better result.

PRAISETHESUN

I would normally use Wise for currency conversions, but definitely worth shopping around to get the best rate on a sum like that

HillStreetBlues

With those kind of payments would being flagged for fraud investigations be a factor in deciding who to go with?

Futuristic

Atlantic Money is the best way.

https://atlantic.money

eDicky

Pugliese said:

eDicky said:

With the euro account on-screen in the Starling app > Payments > Transfer between accounts > Transfer ... Etc. Mid-market rate with 0.4% fee, you won't do much better elsewhere.

Thanks for the reply. I'll clearly have to do a comparison, as I thought by matching with a euro buyer on Currency Fair would get a better result.

Could well be - let us know how they compare..

Pugliese

Futuristic said:

Atlantic Money is the best way.

https://atlantic.money

Thanks, that looks very interesting.  Have you used the service?

Pugliese

eDicky said:

Pugliese said:

eDicky said:

With the euro account on-screen in the Starling app > Payments > Transfer between accounts > Transfer ... Etc. Mid-market rate with 0.4% fee, you won't do much better elsewhere.

Thanks for the reply. I'll clearly have to do a comparison, as I thought by matching with a euro buyer on Currency Fair would get a better result.

Could well be - let us know how they compare..

Will do. Atlantic Money suggested by @Futuristic looks very interesting

Chris_in_Ashtead

Atlantic Money does look interesting. They say up to 10x cheaper than Wise. It's a pity they don't handle more than the 10 currencies they have at the moment.