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HiFx, Halo and the like!

HiFx, Halo and the like!

Old Sep 12th 2009, 11:59 am
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Default 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
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Old Sep 12th 2009, 12:03 pm
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Default Re: HiFx, Halo and the like!

Dunno TBH. The forex are all much of a much.
Have you settled on NZ then?
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Old Sep 12th 2009, 12:06 pm
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Default 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
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Old Sep 12th 2009, 9:11 pm
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Default Re: HiFx, Halo and the like!

Originally Posted by dave77 View Post
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
Halo - very good, professional & personal service
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Old Sep 12th 2009, 10:36 pm
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Default 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...
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Old Sep 13th 2009, 6:09 am
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Default 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

Think I'll be waiting a while for the next instalment
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Old Sep 13th 2009, 7:47 am
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Default Re: HiFx, Halo and the like!

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

Neil
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Old Sep 13th 2009, 8:14 am
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Default 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.


Originally Posted by Dave77
and the 'big sell' is that they give you higher exchange rates than banks would.
Yis ! I think this is true unless anyone comes along to say different.
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Old Sep 13th 2009, 2:33 pm
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Default Re: HiFx, Halo and the like!

Originally Posted by BEVS View Post
You can play one company off against another to get a small reduction in the % rates they charge.
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!)
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Old Sep 13th 2009, 10:09 pm
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Default Re: HiFx, Halo and the like!

Originally Posted by dave77 View Post
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!)
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.
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Old Sep 14th 2009, 7:31 am
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Default 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
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Old Sep 14th 2009, 8:38 am
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Default 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.
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Old Sep 16th 2009, 2:25 am
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Smile 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
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Old Sep 16th 2009, 3:14 am
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Default Re: HiFx, Halo and the like!

KVB Kunlun - beats them all.
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