MONEY
 

WITH THE EXCHANGE RATE GOING UP A LITTLE CAN ANYONE RECOMEND A GOOD WAY TO TRANSFER FUNDS TO CANADA, IS IT BEST TO USE THE BANK OR A MONEY COMPANY?? :confused:

Re: MONEY
 

It went up??? When???

Re: MONEY
 

Hi Redwater,

Try Moneycorp, they have always been good for us.

However, the exchange rate is really quite poor at the moment, so if you aren't in a rush it might be worth hanging on!!

Good luck,
Rachel

Re: MONEY
 

1. Don't shout! All caps is shouting.
2. GBP/CAD exchange had been bad for over a year now and does not look like getting better anytime soon.
3. Best rates from FX companies. If you give them a direct debit authority, you can book a rate, they take the funds from your account and deposit them in your CAD account. No transfer fees.

We use Custom House for all of our business FX transactions.

Re: MONEY
 

Hi

We used Halo financial and they were brilliant! All companies do vary what exchange rate they offer so it is worth comparing!

Hope this helps Julie

Re: MONEY
 

Are we talking a 'one-off' large transfer or something regular while you're in Canada?

Don't rule out using a UK credit card here and paying the balances from a UK bank account. Granted it only works if there's an income going into the UK bank account in the first place, but plenty of us have that.