tangerine0072000

Hi all,

I need to transder funds from the UK to Italy on a monthly basis to cover bills etc. Just woundering what specialist UK currency companies you are using to do this? Looking to get a better rate than you get from a typical high street bank.

;-)

Margaret M

We have been using RationalFX for some time now, but are going to try this outfit https://transferwise.com/request/pla...execution=e1s2
for a small amount to give them a try before committing to any sort of larger transfers.

Pinco Pallino

You could have a look at: http://www.fairfx.com

Margaret M

"in fact our rates are so competitive we even guarantee we will beat your bank*!"

"I am a UK resident and at least 18 years old. *" Not much good for those of us that live outside the UK then.

Pinco Pallino

That seems a bit curt Margaret M!

As far as I understand, this company does not require UK residency for some of the currency exchange services it offers – just an association to a UK address. Tangerine0072000 wishes to transfer funds from a UK bank account, so as a UK bank account must be associated with a UK address, this requirement will automatically be met.

Ruby2

you could try http://www.hifx.co.uk.

We have a UK bank account with a non-UK address (although we lived in UK at the time it was opened) and hifx also let me change my address to a non UK one.

clint

We also have used rationalfx but we have been using recently another company called currency fair https://www.currencyfair.com/ they do offer better rates than raitonalfx

Margaret M

Same here, and I think RationalFX have both of our addresses. I do still have a UK address, but am not resident there.

Margaret M

Didn't mean to be curt, sorry if it came across that way, just thought it said you had to be a UK resident, which I'm not. Also, I would not use any currency broker who could not beat a UK bank.

mikethomo

Just a thought on this topic I need to draw cash on a weekly basis from my UK bank, I use a Halifax credit card to do this and clear the balance monthly from my Barclays account it costs me £1.50 per transaction Barclays were charging over £9.00 per transaction. Also the exchange rate I get is good. I know not exactly relevant.

modicasa

I use The Foremost Currency Group for all my clients and its a fantastic service. They give you 3 days fixed spot rate, and its a local CHAPS transfer in the UK. Ask me if you want contact details.

keysha

I have just opened an account with Moneycorp and I can do everything online - quick and easy. All I needed to send them by email was a copy of my passport and a utility bill to prove Italian address. Worth looking into.

tangerine0072000

thanks all for you replies. I will take a look at a few of them.

6monthshere6monthsthere

http://transferwise.evyy.net/c/82271/56900/985


Beating a bank is easy!!

THE BANKS OFFER HORRIBLE RATES

Look at the example now!



I am rating my own post good as I just saved you cash 32.49 for a 1000 transfer!
ahahh

Margaret M

Nope, if you look at my post you will see by the *! that I already knew beating a bank was easy.