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  • FIRST POST
    • Jayde9676
    • By Jayde9676 10th Feb 19, 8:39 AM
    • 1Posts
    • 0Thanks
    Jayde9676
    Help, savings in Euro need to change to GBP
    • #1
    • 10th Feb 19, 8:39 AM
    Help, savings in Euro need to change to GBP 10th Feb 19 at 8:39 AM
    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!!
Page 1
    • John G Jones
    • By John G Jones 10th Feb 19, 8:53 AM
    • 530 Posts
    • 724 Thanks
    John G Jones
    • #2
    • 10th Feb 19, 8:53 AM
    • #2
    • 10th Feb 19, 8:53 AM
    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
    • By Marine_life 10th Feb 19, 12:31 PM
    • 966 Posts
    • 1,871 Thanks
    Marine_life
    • #3
    • 10th Feb 19, 12:31 PM
    • #3
    • 10th Feb 19, 12:31 PM
    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.
    Money won't buy you happiness....but I have rarely if ever been in a situation where more money made things worse!
    • Retireby40
    • By Retireby40 10th Feb 19, 1:12 PM
    • 37 Posts
    • 22 Thanks
    Retireby40
    • #4
    • 10th Feb 19, 1:12 PM
    • #4
    • 10th Feb 19, 1:12 PM
    Transferwise is usually quite good.
    • shover
    • By shover 10th Feb 19, 3:24 PM
    • 11 Posts
    • 3 Thanks
    shover
    • #5
    • 10th Feb 19, 3:24 PM
    • #5
    • 10th Feb 19, 3:24 PM
    Currencyfair has worked well for me (Germany to UK)
    • AnotherJoe
    • By AnotherJoe 10th Feb 19, 3:48 PM
    • 13,449 Posts
    • 15,899 Thanks
    AnotherJoe
    • #6
    • 10th Feb 19, 3:48 PM
    • #6
    • 10th Feb 19, 3:48 PM
    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.
    Please dont criticise my spelling. It's excellent. Its my typing that's bad.
    • resilie
    • By resilie 11th Feb 19, 3:26 PM
    • 176 Posts
    • 408 Thanks
    resilie
    • #7
    • 11th Feb 19, 3:26 PM
    • #7
    • 11th Feb 19, 3:26 PM
    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
    • By EdGasketTheSecond 11th Feb 19, 3:40 PM
    • 1,004 Posts
    • 522 Thanks
    EdGasketTheSecond
    • #8
    • 11th Feb 19, 3:40 PM
    • #8
    • 11th Feb 19, 3:40 PM
    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
    • By Motormad 11th Feb 19, 4:00 PM
    • 102 Posts
    • 38 Thanks
    Motormad
    • #9
    • 11th Feb 19, 4:00 PM
    • #9
    • 11th Feb 19, 4:00 PM
    Transferwise for me too,no hidden extras,I think it was 0.5 percent last time I used them.
    • 1882
    • By 1882 11th Feb 19, 4:05 PM
    • 320 Posts
    • 91 Thanks
    1882
    Keep your Euros, them and US Dollars might be the only currency worth having here post b**x*t
    • EdGasketTheSecond
    • By EdGasketTheSecond 12th Feb 19, 10:53 AM
    • 1,004 Posts
    • 522 Thanks
    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.
    Last edited by EdGasketTheSecond; 12-02-2019 at 10:56 AM.
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