bobd22

I see that Sunpay is closing at the end of December which is a shame I found it a very good and easy system for transfering cash. In fact in Feb I was planning to use it for my monthly mortgage payments as at the minute only seem to be getting more or less tourist rates.
Bob

Mitzyboy

Yep, due to difficulties with money laundering beaurocracy apparantly
I've changed to Currencies direct by d/d, where there are no charges and hopefully a decent r/ex

cymruambyth

Only "no charge" if you send more than £5000 in any one transaction, otherwise it is £5 per transaction. I have been using Currencies Direct with d/d for about 5 years and although they started out with no charge, that changed about 2 years ago. They always give a fairly decent exchange rate though and I have never had a problem with them.

Mitzyboy

I hope you're wrong, because I went to them because they told me there would be no charge if I was on d/d for a regular pension type figure every month. That was in August, but I have only just done the first transaction this week

cymruambyth

See attached:

http://www.currenciesdirect.com/uk/p...12PP_HI_SP.pdf

Page 4, small print under last paragraph (*free transfers over £5,000)!

They do NOT charge commission on any amount less than £5000, but DO charge a transfer fee (of £5)

bobd22

The way that reads to me is for a one of transfer to me it reads that regular payments by dd would be free if over £150 a month. I was also looking at them for next year. I was also considering this one exchange4free.co.uk any one any used them?
Bob

cymruambyth

I agree and thats the way it reads to me also (carefully worded and I suspect the way they want it to read). But believe me (I use them) there is a £5 transfer fee for any amount less than £5000. That said, they are pretty good with their exchange rates and I have never had a problem with them.