Money transfer for apartment

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07 Aug 2015 11:36 AM by Mike374 Star rating. 12 forum posts Send private message

Hi all

i need to transfer my money to Spain to complete during AugusT

Can anyone suggest the best way to transfer the money to Spain to maximise on the rate.

 




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07 Aug 2015 3:21 PM by 2750H Star rating in North ants.. 46 forum posts Send private message

We always use forex, they give a very good rate and always a pleasure to deal with



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08 Aug 2015 3:19 AM by DuncanMcG Star rating in Manchester, UK. 377 forum posts Send private message

DuncanMcG´s avatar

Due to the large amount of money involved, I looked for a mainstream foreign exchange company.

I first tried http://www.currencies.co.uk/ but found their vetting procedure overly onerous so gave up.

I then tried http://www.moneycorp.com/uk/ and found them very easy to work with and got a good exchange rate. Subsequent transactions for smaller amounts gave a poor exchange rate so I looked for a different company.

I then used Azimo who have always given great exchange rates but with the occasional minor problem with monies transferred not equalling the agreed deal.

Others have recommended Transferwise and I will probably use them next time given the problems encountered with Azimo.

I guess a lot has to do with exchange rate v risk appetite. Smaller companies will give the best exchange rate.



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