money transfer / exchange rates
Feb 7th 2014, 1:27 pm
#77
BE Enthusiast
Joined: Dec 2012
Location: Nagykoros, Hungary
Posts: 773
Re: money transfer / exchange rates
Glad I was a late arrival!
I exchanged house purchase money Nov 2011 at 364, so not much different to now.
I exchanged house purchase money Nov 2011 at 364, so not much different to now.
Feb 7th 2014, 3:49 pm
#78
Just Joined
Joined: Nov 2013
Posts: 16
Re: money transfer / exchange rates
When it comes to exchanging money I am a big fan of these guys https://transferwise.com/en They charge a lot less than the banks.
Feb 12th 2014, 9:36 am
#80
Forum Regular
Joined: Jan 2013
Posts: 52
Re: money transfer / exchange rates
just spotted this thread, going to keep note of that link/ bookmark it for future reference.
May 14th 2014, 11:19 pm
#81
Veszprém Megye
Joined: Feb 2009
Location: Sevenoaks Kent UK and soon near Tapolca Hungary
Posts: 371
Re: money transfer / exchange rates
https://transferwise.com/en - just used for 1st time, very low fees, good exchange rates and smooth service - do as they say - no surprises. Great service.
May 27th 2014, 12:40 pm
#82
Forum Regular
Joined: Nov 2012
Posts: 38
Re: money transfer / exchange rates
That is awesome!
Competition is hot for third party money transfer companies.
However, I wanted to add that if you are moving big amounts, I found it is a good idea to shop around. Different amounts will yield different results because almost all these companies change the exchange rates as the amount increases.
John, you are focused on the right things - "very low fees, good exchange rates". It is worth remembering that the fees as a percentage become minimal as the amount you are moving increases - it is really the exchange rate you have to watch.
While I am talking about exchange rates - I have done really well by monitoring the exchange rates.
It is worth considering that the GBP is strengthening against all major currencies - depending on which way you are sending your money it may be a good idea to hold off or pull the trigger.
Hope that helps!
Competition is hot for third party money transfer companies.
However, I wanted to add that if you are moving big amounts, I found it is a good idea to shop around. Different amounts will yield different results because almost all these companies change the exchange rates as the amount increases.
John, you are focused on the right things - "very low fees, good exchange rates". It is worth remembering that the fees as a percentage become minimal as the amount you are moving increases - it is really the exchange rate you have to watch.
While I am talking about exchange rates - I have done really well by monitoring the exchange rates.
It is worth considering that the GBP is strengthening against all major currencies - depending on which way you are sending your money it may be a good idea to hold off or pull the trigger.
Hope that helps!
