GB pound weakening
#406
Re: GB pound weakening
Just to cheer you up jdr its now down to €1.083
I seem to remember around Jan it was €1.05 then it went up to €1.15
Bad news indeed for the retired on a brit pension must feel like being a sitting duck !!!
Must change for the better soon.
ATB
Ron
I seem to remember around Jan it was €1.05 then it went up to €1.15
Bad news indeed for the retired on a brit pension must feel like being a sitting duck !!!
Must change for the better soon.
ATB
Ron
#408
Re: GB pound weakening
Crown Currency Exchange are offering €'s @ 1.131 for derlivery between
28/05/09 & 10/08/09
28/05/09 & 10/08/09
#409
Re: GB pound weakening
BTW, the last amount I exchanged with them was from Sterling to Euros, I transferred the money to them in the UK and it was in my Spanish bank account 48 hours later although you can order it as with other exchange companies, no change from them for the transfer although there was the normal 25 quid my bank charges for the transfer to Currency UK. I think there is a 15 pound transfer fee by CUK if the amount is under 5 grand.
HTH
Last edited by Econ; Mar 13th 2009 at 7:36 pm.
#410
Re: GB pound weakening
And in website is flashing red .dunno what that means.On theier other currencies smae rates periods are way out of line.
#411
Re: GB pound weakening
I am not sure but think that might be an error .If not fill your boots as that is a daft rate to offer at with spot at 1.0830 level that price is way out of line.
And in website is flashing red .dunno what that means.On theier other currencies smae rates periods are way out of line.
And in website is flashing red .dunno what that means.On theier other currencies smae rates periods are way out of line.
They got back to me today and quoted something like 1.12 for delivery end May onwards.For spot delivery rate was 1.0730 which is an excellent rate for cash with professional market rate at 1.0830 level.Delivered to your door by
Special delivery.
Currency direct were quoting 1.03 odd so not competitive.
Only problem is if Crown goes belly up you lose your sterling as you are paying up front and they are not registered with FSA so you don't have access to any comp scheme.
Has anyone used these people and what was your experience.
#412
Re: GB pound weakening
I wasn't interested in long term, I needed to get the money over to Spain within a few days. The amount I transferred was not a small amount by any means, nearly killed me having to do it at these rates but such is life!
I can't say they won't go belly up but it worked for me.
HTH
Last edited by Econ; Mar 14th 2009 at 6:04 pm.
#413
BE Forum Addict
Thread Starter
Joined: Jan 2008
Location: The Charente - still smiling.
Posts: 2,624
Re: GB pound weakening
I emailed too, and was quoted 1.0702 for mid April 14 day window.
Obviously Anthony is right, your risk is losing your money if the rate goes against them.
Perhaps worth doing for spending money, but I might like to know a bit more before I tried a large sum.
After all don't want to wind up like the apocryphal gullible Yank do we?
http://www.panoramio.com/photo/3104509
Obviously Anthony is right, your risk is losing your money if the rate goes against them.
Perhaps worth doing for spending money, but I might like to know a bit more before I tried a large sum.
After all don't want to wind up like the apocryphal gullible Yank do we?
http://www.panoramio.com/photo/3104509
#414
Re: GB pound weakening
Crown quoted me 1.1052 while Currency UK quoted me 1.1146, I got a contract from CUK, I transferred the Sterling from my UK bank the next day and the euros where it was in my account in Spain 48 hours later at the exact exchange amount the contract was for.
I wasn't interested in long term, I needed to get the money over to Spain within a few days. The amount I transferred was not a small amount by any means, nearly killed me having to do it at these rates but such is life!
I can't say they won't go belly up but it worked for me.
HTH
I wasn't interested in long term, I needed to get the money over to Spain within a few days. The amount I transferred was not a small amount by any means, nearly killed me having to do it at these rates but such is life!
I can't say they won't go belly up but it worked for me.
HTH
Currency Uk cash rate quoted on their website for cash on friday was 1.0387
#415
Re: GB pound weakening
I am not trying to give this company business, that was just my experiance from them when I did my exchange on March 4th. They have a couple of options for currency services, more info here:
http://www.currencyuk.co.uk/contact/...m-download.php
At the end of the day you would want to ask or get a quote from * a few companies * and then take the best option, if I ever need to do this again I would the same as I did the last time, get a couple of quotes and take the best that suited me for the rate and what I needed to do.
#416
BE Enthusiast
Joined: Nov 2007
Location: Hondon de las Nieves
Posts: 320
Re: GB pound weakening
I actually emailed this company last night for a price.
They got back to me today and quoted something like 1.12 for delivery end May onwards.For spot delivery rate was 1.0730 which is an excellent rate for cash with professional market rate at 1.0830 level.Delivered to your door by
Special delivery.
Currency direct were quoting 1.03 odd so not competitive.
Only problem is if Crown goes belly up you lose your sterling as you are paying up front and they are not registered with FSA so you don't have access to any comp scheme.
Has anyone used these people and what was your experience.
They got back to me today and quoted something like 1.12 for delivery end May onwards.For spot delivery rate was 1.0730 which is an excellent rate for cash with professional market rate at 1.0830 level.Delivered to your door by
Special delivery.
Currency direct were quoting 1.03 odd so not competitive.
Only problem is if Crown goes belly up you lose your sterling as you are paying up front and they are not registered with FSA so you don't have access to any comp scheme.
Has anyone used these people and what was your experience.
#417
Re: GB pound weakening
I could have had it delivered to me as a cheque I believe and in the UK, as far as I was concerned it was this way or through my bank.... which would have been a lot less over the amount exchanged.
I am not trying to give this company business, that was just my experiance from them when I did my exchange on March 4th. They have a couple of options for currency services, more info here:
http://www.currencyuk.co.uk/contact/...m-download.php
At the end of the day you would want to ask or get a quote from * a few companies * and then take the best option, if I ever need to do this again I would the same as I did the last time, get a couple of quotes and take the best that suited me for the rate and what I needed to do.
I am not trying to give this company business, that was just my experiance from them when I did my exchange on March 4th. They have a couple of options for currency services, more info here:
http://www.currencyuk.co.uk/contact/...m-download.php
At the end of the day you would want to ask or get a quote from * a few companies * and then take the best option, if I ever need to do this again I would the same as I did the last time, get a couple of quotes and take the best that suited me for the rate and what I needed to do.
My point is for a cash transaction these are great rates if you get the cash after paying them that is.Thats why I wanted yo know if anyone had dealt with them.
#418
Re: GB pound weakening
I understand completely what you are saying but a cheque is not cash.It would still have to be cleared thru the system and credited to your euro account. And they are saying they will deliver up to 10K in cash. I was only pointing out if you want cash the company you deal with was no better than the high street travel agent
My point is for a cash transaction these are great rates if you get the cash after paying them that is.Thats why I wanted yo know if anyone had dealt with them.
My point is for a cash transaction these are great rates if you get the cash after paying them that is.Thats why I wanted yo know if anyone had dealt with them.
#419
Re: GB pound weakening
I my case I had the money in my account 48 hours later at a better rate than anyone else could give me, the cheque is an option if you prefer it that way. If I had spoke to the bank the day before and let them know I wanted it out the same day it arrived I would have it as cash in my hand 48 hours later at no extra cost.... what other kind of cash do you want?
and
2)You can ask your local branch of Banco Sabadel for example in your local UK high street to give you up to Euro 10k in cash from it.
My Euro account is in Spain.I for the most part unfortunately am in the UK.
This is what I am trying to say.For cash their rates seem better.
Also rates you get from banks/specialists like TTT etc are for larger lumps not from Euro 300 upwards.
I am only going from what both websites were offering for CASH.
.A lot of Banks in Spain charge landing fees.They normally do not pay interest.In fact you pay them to keep your money with them.With whats going on in the world
frankly would rather deposit my money in Banco de Mattress.
So if you want to trade a large sum and you have a Euro account then
the company you dealt with you have found to be better. Thats great but
if you want small amounts of cash up to a decent amount ACCORDING to the 2 websites Crown seemed much better.THATS ALL I AM SAYING.
And was asking if anyone had used them which seems to have got lost somewhere.
#420
Re: GB pound weakening
On that theme go to moneysavingexpert.com click on the travel/transport tab
and there is a price comparison page for travel cash
and there is a price comparison page for travel cash