HiFx, Halo and the like!
 

Has anybody had any experience with using either of these companies (or anyone similar) for transferring their £ to $ ??

We came across them at an emigrate show back in february, and the 'big sell' is that they give you higher exchange rates than banks would.

I'd be very interested to hear your experiences!

Cheers

Re: HiFx, Halo and the like!
 

Dunno TBH. The forex are all much of a much.
Have you settled on NZ then?

Re: HiFx, Halo and the like!
 

Hi Bevs,

Yes definitely NZ (South Island!) Most probably outskirts of ChCh but really it will depend on where (or if!) I can find work :fingerscrossed:

Re: HiFx, Halo and the like!
 

Halo - very good, professional & personal service

Re: HiFx, Halo and the like!
 

reckon they're all much of a muchness really too... we used world first based on recommendation from mates - v happy with them, but i know others that have happily used hifx and moneycorp... i'd use a forex place rather than a bank cos you should get a better rate (also better than moneygram etc if it's not urgent).. all depends on how much you're exchanging too i guess...

Re: HiFx, Halo and the like!
 

Hi
I used Halo earlier this year and have an order to change more cash when the exchange rate improves. I think they all do more or less the same thing. All went very smoothly. I told them the amount I wanted to change and at what rate and then as soon as that was reached I received an message with instructions on how to pay them and where I wanted the $$ to go. They do not receive any cash until the rate has reached your desired amount.
Cash out of my UK account and into my NZ account in about 2days:thumbsup:

Think I'll be waiting a while for the next instalment:frown:

Re: HiFx, Halo and the like!
 

We used Halo no probs, i think there all fairly similar :thumbup:

Neil

Re: HiFx, Halo and the like!
 

You can play one company off against another to get a small reduction in the % rates they charge.

You can set the rate you are willing to exchange at if ou want to ..

They will have set a minimum amount of currency that you can use to exchange.

I feel that the forex co's are much of a much. Pick the one you are comfy with.


Yis ! I think this is true unless anyone comes along to say different.

Re: HiFx, Halo and the like!
 

I like the sound of this!! ;)

Thanks for the info, it's reassuring that so many of you have used this method as opposed to banks. Do you know if they give advice on how the exchange rates are likely to change.. (obviously without the benefit of a crystal ball!)

Re: HiFx, Halo and the like!
 

They all should give advice. Whether you believe them is another thing. Definitely negotiate on the spread and commission. They are not recommending a trade to you, so really there is zero risk on their part. You should therefore get execution only rates.

Re: HiFx, Halo and the like!
 

none of them can give you advice, they arent regulated to do so. They can only let yuo know what is happening in the market

Re: HiFx, Halo and the like!
 

I've used HiFx and was impressed with their service, rate and charges were much better than I was quoted from a bank. It's easy to set up an account.

Re: HiFx, Halo and the like!
 

I use Hifx for their great website - re market watch giving you live quotes/charts

But NZforex were better re communications and 24 hr 'click of a mouse'
deals, used them a few times with no problems. Much better rates than the banks.

silvo

Re: HiFx, Halo and the like!
 

KVB Kunlun - beats them all.