Advice

Firstly let me thank you all for the replies I’ve had on this thread so far.

Well I received my money. It’s still in dollars but is currently sitting at $995,000

I use XE currency rate checker as this is the closest to the rate my bank gives me (HSBC) obviously it only shows the market rate and not the real trading rate but it’s close enough. Anyway just before Christmas the dollars were worth around £763,000 but for the past couple of weeks we are hovering around £736,000-£740,000 which is a dramatic loss but it goes up and down so is to be expected. Anyway I obviously want to get this into sterling ASAP but clearly want the rate to be better which brings me to my question. Has anyone heard or had any experience with this company?

http://www.currencies.co.uk

They are a broker and can get better rates than the banks

Comments

  • sjp999
    sjp999 Posts: 146 Forumite
    First Anniversary First Post
    I only have experience of HiFX via the in laws but they offer a rate watch service that alerts at the rate you want to trade at. The MIL trusts nobody with her hard earned dosh but came away from her dealings with HiFX pretty happy with the way it was all handled which, coming from her, is high praise indeed.

    I guess all the biggies have similar systems in place.
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