 Poster: A snowHead
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Having just sold my place, I need to transfer some funds back to the UK... To date Ive always used MoneyCorp, however, having done a very quick look around, they re not the most competitive (behind but XE and Transferwise)...
Does anyone have any recommendations for money transfers... Also, any money folk out there with advice on the exchange rate... Unlucky for me, after so long in the doldrums, the pound seems to be gathering strength at an alarming rate so think I want to wrap this up ASAP... ????
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Obviously A snowHead isn't a real person
Obviously A snowHead isn't a real person
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I have used Currencies Direct for the last 15 years, they have always seemed solid.
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Well, the person's real but it's just a made up name, see?
Well, the person's real but it's just a made up name, see?
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We use World First, as we move large lumps we get good rates (comparable from interbank) and nowhere near Tourist.
I guess you're moving quite a lump Scott so may be worth giving them a buzz.
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You need to Login to know who's really who.
You need to Login to know who's really who.
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@WindOfChange, Thx for this... 
@marcellus, Thx for this... Very hard to get 'comparable prices on an ever changing market, but just called them and they seem to be up there with the best...
Ironically, MoneyCrop, with whom I used all the time, seem to the least competitive, albeit, all within €1000 difference
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Anyway, snowHeads is much more fun if you do.
Anyway, snowHeads is much more fun if you do.
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@AlpineAddict, you can often agree "x% from interbank" then when you're ready input the trade to their system yourself and get that rate.
It means you can follow the trend by the published mid-rates and know that when you think the time is right you've not got to mess around getting quotes from sources as you've negotiated the percentage from the interbank rate.
With the others when you ask for a quote they'll check the interbank, check any position they have then work out the bid or offer before they quote you!
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You'll need to Register first of course.
You'll need to Register first of course.
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OK, cool... Ive actually opted for XE Money transfer now, having called 4 or 5 as the day goes on, they have always seemed to come out on top...
The hardest part was to liaise with my AXA online bank to try and ask them to transfer more than their pitiful daily allowance... Fingers crossed for some success...
Thx again @marcellus.
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I use Transferwise. Mid market price and a small fee. Pretty hard to beat.
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HIFX probably best for large transfer, pretty sure they charge a flat fee rather than a percentage like TW.......
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You'll get to see more forums and be part of the best ski club on the net.
You'll get to see more forums and be part of the best ski club on the net.
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Do check with your foreign bank that they're not competitive for larger sums. Mine is UBS and I've use them for larger amounts - while their tourist rates and rates under 50'000 CHF weren't good, larger sums were much more competitive.
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@marcellus, +1 for WorkdFirst. We are building in France and periodically send small or larger amounts. Very easy to work with, competitive and safe.
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snowHeads are a friendly bunch.
snowHeads are a friendly bunch.
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We were on the cusp of emigrating to Australia so were gearing finances up, including forward trades, and used HiFx a lot. I can recommend them, and their rates were competitive.
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And love to help out and answer questions and of course, read each other's snow reports.
And love to help out and answer questions and of course, read each other's snow reports.
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Thx all... So much choice... Unless you are fluent in French, I wouldn't recommend AXA bank to anyone... So hard to get anything out of them and their online banking is like something form the dark ages...
Thx again all
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@AlpineAddict, we also have a AXA account in France and have got used to it over time. It works well with translated in English on Google Chrome browser. I just find it cumbersome that everyone still uses IBAN and BIC, guess it’s just different to what we are used to.
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You know it makes sense.
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