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Changing whacking big loads of £ into Euros

Changing whacking big loads of £ into Euros

Old Jul 27th 2007, 10:27 am
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Default Changing whacking big loads of £ into Euros

Hi

Well had confirmation that all surveys and legal stuff on my Villa is good to go ..

So now will need to shift whacking great wedge of my Money from the UK over to Spain (Mallorca) Bank in Euros ..

Obviously need to get the best Exchange rate,

Obviously want it safe as well.

So best way to do it to ensure the above ,, advice needed please..

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Old Jul 27th 2007, 10:33 am
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Default Re: Changing whacking big loads of £ into Euros

Originally Posted by Big Pete
Hi

Well had confirmation that all surveys and legal stuff on my Villa is good to go ..

So now will need to shift whacking great wedge of my Money from the UK over to Spain (Mallorca) Bank in Euros ..

Obviously need to get the best Exchange rate,

Obviously want it safe as well.

So best way to do it to ensure the above ,, advice needed please..

Send it all to me Pete, I'll sort it for you

As usual, try www.moneycorp.com or www.hifx.co.uk
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Old Jul 27th 2007, 10:42 am
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Default Re: Changing whacking big loads of £ into Euros

Originally Posted by Mitzyboy
Send it all to me Pete, I'll sort it for you

As usual, try www.moneycorp.com or www.hifx.co.uk
yea i bet you would ...
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Old Jul 27th 2007, 11:14 am
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Default Re: Changing whacking big loads of £ into Euros

Now wheres my Expert keith ?
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Old Jul 27th 2007, 11:22 am
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Default Re: Changing whacking big loads of £ into Euros

Originally Posted by Big Pete
Now wheres my Expert keith ?
Like Mitzy said, use a money broker. Don´t use a bank.
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Old Jul 27th 2007, 11:25 am
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Default Re: Changing whacking big loads of £ into Euros

Originally Posted by keithwalters
Like Mitzy said, use a money broker. Don´t use a bank.
Well i trust your judgement Keith ,you must know the best ones ?

A few online ones look shady to me ? You know i am the eternal worrier dont trust many people .
So who have you used ?

Dont fail me now
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Old Jul 27th 2007, 6:37 pm
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Default Re: Changing whacking big loads of £ into Euros

Originally Posted by Big Pete
Well i trust your judgement Keith ,you must know the best ones ?

A few online ones look shady to me ? You know i am the eternal worrier dont trust many people .
So who have you used ?

Dont fail me now
Get a quote off your bank too Pete, when we moved ours we got a commercial rate and it was the best we could get anywhere and almost immediate.
Lloyds to Banco popular.
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Old Jul 27th 2007, 6:47 pm
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Default Re: Changing whacking big loads of £ into Euros

Currencies direct gave us a good deal.
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Old Jul 27th 2007, 6:55 pm
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Default Re: Changing whacking big loads of £ into Euros

We got a good deal from Torfx.
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Old Jul 27th 2007, 8:43 pm
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Default Re: Changing whacking big loads of £ into Euros

Originally Posted by jdr
Get a quote off your bank too Pete, when we moved ours we got a commercial rate and it was the best we could get anywhere and almost immediate.
Lloyds to Banco popular.
Exactly, when you're talking large quantities of money you can haggle with the bank for a decent deal.

Of course with our business a lot of large amounts of money gets converted into euros and I've never had to resort to a 'specialist' company as the bank needs the business just as much as anyone else so will (or should) give competitive rates.
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Old Jul 27th 2007, 10:29 pm
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Default Re: Changing whacking big loads of £ into Euros

I used Moneycorp to take advantage of the higher commercial exchange rate, got 1.5 euros to the pound. Just had to transfer money to their account in London, give them my halifax account No. in Spain and they did the rest, hassle free and all for a one off fee of 15 euros.
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Old Jul 27th 2007, 10:46 pm
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Default Re: Changing whacking big loads of £ into Euros

I split mine across hifx, and currencies direct. Also spread my risk by buying several forwards over a period of a few months

Regardless of rate, both these companies provided absolutely outstanding customer service, including handling the situation where my bank bounced the cheque i sent to them!
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Old Jul 27th 2007, 10:57 pm
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Default Re: Changing whacking big loads of £ into Euros

Originally Posted by Big Pete
Well i trust your judgement Keith ,you must know the best ones ?
I've just given them to you!!!!
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Old Jul 27th 2007, 10:58 pm
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Default Re: Changing whacking big loads of £ into Euros

Hifx or currencies direct, either will be just fine.
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Old Jul 27th 2007, 11:36 pm
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Default Re: Changing whacking big loads of £ into Euros

Originally Posted by Mitzyboy
I've just given them to you!!!!
Yeah but your the enemy now!!
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