Transferring Money

[camel]

I agree Joddle, However Banks regulated what ever this means The Fix businesses are not as far as I am aware.

Our first €100,000/£85000 is protected with the Banks irrespective of their financial health.

If I need to transfer over the the above amount via a Bank. I will use different banks and ensure that the transfer does not breach the above limit.

Happy new year to all forum users.

[Old Bill]

I can recommend World First, who in my experience offer better rates than HIFX and are very efficient.

[pambon]

I have been using Currencies Direct for five years with excellent service. Guests are also using it for payments.

[brendan]

I used transferwise for the first time the other day and was mightily impressed.

It was simple, straightforward and, as previously mentioned, I was kept updated via e mail. In fact the money arrived even earlier than expected.

FYI: I transferred sterling to euro. The rate was 1.26.. and I paid just over 5 quid for the service.

[donnylu]

Great, how much did you transfer? I have been using them for a while now. Last transfer didn't go so well. Some cock up somewhere which was a mess to sort out. It didn't look good with the guest that was trying to pay. They went a little down in my estimation but at the end of the day I had to remind myself that I was paying very little. Finally got the money although short a euro or so.

[brendan]

I transferred 1200stg and received 1523.59 euros

[donnylu]

One thing I live about them is people can use a debit card. Its like acepting a debit card for fee of 0.5%. Imagine that being processed with Paypal and others.

[joddle]

Well I have tried Transferwise a few times now and must say am impressed. The last time was for £1000 which gave me 1271 euros after fees etc and it was very fast - less than 48 hours to complete. I'm still a bit wary about transferring very large sums - but so far so good - and thanks to all tjhose who made suggestions and have shared their experiences - very useful indeed.

[Romani]

I can recommend Thomas Exchange Ltd www.tefx.co.uk they give very competitive rates better than HIFX. They charge £12 to make a transfer and the money is normally in your account the same day.


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