Times currency services

[rougemont]

Any feedback on using the above service or alternatively any suggestions for a pound to euro transfer to a French Bank for around the 50k, they are quoting around 1.25 only .01 under todays interbank, thanks.

[Fatt McMissile]

Currency Fair and Transferwise are quoting 1.253 net. Their rates are not guaranteed, but I've use TW loads of times for £1-5K transfers and have always hit or bettered the estimated rate. It may be slightly better tomorrow, but I'm not too sure you'll do much better tbh as the euro's been a couple of centimes up from it's recent lowest over the past week or two. If you don't already have accounts with these firms bear in mind they'll probably want a passport copy by e-mail before transferring this amount.
For a further £15, e-mail me off my website and I'll "introduce" you.
Steve

[Fatt McMissile]

As I thought, TW quoting 1.25915 this morning.
Steve
edit: now 1.263 1PM

Edited by Fatt McMissile on Thursday 18th December 12:00

[Punboy3]

CurrencyFair operate an excellent service. If you go on their market place, you can actually beat the interbank rate. NOBODY does that!

Used them a few times to send dollars to Oz. Quick and reliable.

[rougemont]

Thanks to you both for the info, just have a feeling that the pound may get a bit stronger over the next few months so may hang on a bit but I have been wrong before! On another issue its staggering the awful rates at the Eurotunnel terminal, feel sorry for anybody needing any last minute cash for their holidays.

[Fatt McMissile]

Here's a clip from the Transferwise e-mail re a transfer of £1000 to euros that I made yesterday 18th.
"All done! The money should arrive by Monday, 9 AM The final rate was 1 GBP Pound Sterling = 1.2746 EUR Euro, and we charged you £4.98 for the service."
Yesterday's spot rate on the ECB website was 1.2714.
Steve

edit: transfer showing in my French account on afternoon of Friday 19th.

Edited by Fatt McMissile on Friday 19th December 14:40

[Nobbles]

I used pure fx to transfer all my money to buy my house. Good rate, nice people, good service.