XeTrade signup
#16
Re: XeTrade signup
Phone call went well, they rang exactly at 10am like I'd asked and my account is now active. I'm using them because all I'm doing is paying my UK bills so I transfer smaller amounts than other sites allow, plus I've used xe.com for years to find the exchange rates.
#17
BE Forum Addict
Joined: Feb 2008
Posts: 3,259
Re: XeTrade signup
No fees on UKForex over a certain amount as has been said.
You just pay the cash into their account using online/internet banking, no BACS/CHAPS involved.
You just pay the cash into their account using online/internet banking, no BACS/CHAPS involved.
Last edited by BritishGuy36; Jun 3rd 2008 at 4:00 pm.
#18
BE Enthusiast
Joined: Feb 2006
Location: Maryland
Posts: 667
Re: XeTrade signup
If you want to make a faster payment you use CHAPS - this normally involves going into the bank and paying fees.
Its irrelevant to this discussion now anyway, as I said I thought when I had looked at the site previously they said they only did CHAPS transfers which would have meant fees, but it appears they accept both.
#19
Re: XeTrade signup
I'd be interested in hearing as to how the XE trade signup goes. I was at the same stage recently and backed out as I am not comfortable with providing bank details over the phone unless I have initiated the call.
Someone calling you...very dodgy and insecure. Very open to abuse and not much different to internet phishing in that you have to be sure who you are dealing with is indeed who you are dealing with.
Someone calling you...very dodgy and insecure. Very open to abuse and not much different to internet phishing in that you have to be sure who you are dealing with is indeed who you are dealing with.
#20
Forum Regular
Joined: Feb 2007
Posts: 59
Re: XeTrade signup 'v' transfermate 'v' banks
Ive given up on xetrade. Took too long to set up and wanted the contact name for my bank manager.
didnt need id for transfermate.com, the limit is £10k at which point you can fax less docs, simple and cheap
Ba$£%&ys banks were a disaster
didnt need id for transfermate.com, the limit is £10k at which point you can fax less docs, simple and cheap
Ba$£%&ys banks were a disaster
#21
BE Forum Addict
Joined: Feb 2008
Posts: 3,259
Re: XeTrade signup
Should have gone with UKForex, electronic verification, they send you a letter to your registered address with a codeword on, type the codeword into their website and all done, no upper limits on transactions and better rates than XE (usually).