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currency exchange recommendation
https://mail.paphospeople.com/ppforum/viewtopic.php?f=47&t=31056
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Author:  beverley [ Thu May 12, 2016 7:07 pm ]
Post subject:  currency exchange recommendation

Hello all,
Looking for a recommendation of which currency exchange companies to deal with the transfer of euros from the sale of our property into sterling.
Agent and lawyer have made a suggestion but how much commisssion will they get?

Author:  tanny [ Thu May 12, 2016 8:39 pm ]
Post subject:  Re: currency exchange recommendation

Probably about 0.25% so not very much at all. Go with the recommendations that are tried and trusted.

Author:  kato paphos [ Thu May 12, 2016 9:03 pm ]
Post subject:  Re: currency exchange recommendation

A lot of people recommend Currency Fair or Transfer Wise. Might be worthwhile looking them up? Why pay commission at all when you can deal direct?

Author:  J B [ Thu May 12, 2016 11:41 pm ]
Post subject:  Re: currency exchange recommendation

kato paphos wrote:
A lot of people recommend Currency Fair or Transfer Wise. Might be worthwhile looking them up? Why pay commission at all when you can deal direct?


I *think* C/F charge a flat rate €/£3 fee whereas T/W charge a % figure

On small numbers T/W is cheaper, on large numbers C/F is cheapest.

:grin:

Author:  Band [ Fri May 13, 2016 8:01 am ]
Post subject:  Re: currency exchange recommendation

I have always used CurrencyFair. They had a couple of problems when they changed UK bankers a little while back, but all is sorted now.

For me they have consistently the best overall price and rates.

Author:  M.A.D [ Fri May 13, 2016 9:06 am ]
Post subject:  Re: currency exchange recommendation

beverley wrote:
Hello all,
Looking for a recommendation of which currency exchange companies to deal with the transfer of euros from the sale of our property into sterling.
Agent and lawyer have made a suggestion but how much commisssion will they get?



Whoopa, delighted you have managed to sell. Hope all goes well with the transfer :banana

Author:  beverley [ Sat May 14, 2016 2:57 pm ]
Post subject:  Re: currency exchange recommendation

M.A.D wrote:
beverley wrote:
Hello all,
Looking for a recommendation of which currency exchange companies to deal with the transfer of euros from the sale of our property into sterling.
Agent and lawyer have made a suggestion but how much commisssion will they get?



Whoopa, delighted you have managed to sell. Hope all goes well with the transfer :banana


Thanks Dave, a huge relief after waiting so long. It was great to see you and Moira.xx

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