British Expats

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-   Cyprus (https://britishexpats.com/forum/cyprus-117/)
-   -   Currency excahnge (https://britishexpats.com/forum/cyprus-117/currency-excahnge-880933/)

bubble66 Jul 25th 2016 9:45 am

Currency excahnge
 
Can anyone recommend a currency exchange company please?

My mother is selling her apartment in and wants to change some money from the sale into sterling as the rates are good at the moment but will keep it in her sterling account in Cyprus for now. thanks in advance.

zangu123 Aug 25th 2016 7:40 am

Re: Currency excahnge
 
HI bubble66

I used ******s fx service, was alot cheaper than what I could find on the markets, and I could lock in the exchange rate for 12 months. hope that helps, if you need setting up just pm and i'll give you more info

Gordon Barlow Aug 26th 2016 3:07 am

Re: Currency excahnge
 
Well, I don't know how any foreign-exchange dealer could lock a rate in for 12 months, in this volatile market. Here is a what happened to the EUR against the GBP in the past 12 months. The rate changed by 17%! Unless your people are very good guessers, or very lucky gamblers, they could be out of business in a year!
Historical comparison graph for currency exchange rates since 1953

scot47 Aug 26th 2016 4:49 am

Re: Currency excahnge
 
Post the money to me - in cash. You can trust me. Honest Injun !


(I hope your "Irony Alert" is switched on !!!!)


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