KAT16

Apologies if this the wrong place for this question. We opened an account with RBC at Christmas and want to take some money over in July. I have found this company who will give me 2.25cad/£ if I order it now. It is delivered by royal mail special delivery on the date you request.

Has anybody used this company? Does anyone know of a way of checking them out?

Thanks

Karen

chudleigh

Hi Karen,

Check with your bank; also check with the links on www.moneysavingexpert.com as they offer some good advice. We are planning to do the same, and could get a better rate with our bank, 2.25 isn't great for a large amount of currency at the moment.

We are also opening an account with RBC and the personal banker has indicated that we won't have to pay charges at their end for transferring the money. We have also been offered free banking for a year with RBC, which is great in Canada as they charge for bank accounts normally. It could be because we got a loan with them, but worth a try anyway.

Good luck

Ann

steve666

Have I missed something? (probably ) What's the company's name? Or are you talking about RBC?

steve666

It's ok, it's me being dumb. The title gives it away. Crown.

steve666

I use HiFX or Moneycorp myself, haven't heard of Crown but their web site looks a bit unprofessional. Not that's anything to go on!

RodseyUK

Having looked at their website I would use either Currencies Direct, HiFX or Moneycorp as there is no charge for transactions over £5,000. Crown Currency Exchange will charge you £30 per transaction over £2000. Also they state 0% commission which is a lie, the rate you have been quoted is the Interbank rate less their cut, so how is it 0% commission.

steve666

I did some homework before using HiFX and Moneycorp. I've used them, as have others on this forum, and as yet have not got any minus points. Hope this helps.
Steve.