Lies, Damn Lies and Statistics...("And the band played believe it if you like...")

Hi All,

Just to let everyone know that we had a call on Friday afternoon by a Money Dealer that we've used before (they were hunting for business). The quoted us a rate held by them for a couple of months for 10% of the transaction up front of 1.3275 Euro to the £ Stg. Anyone got any better? We're holding out for a better rate!

The money guys are all doom and gloom at the moment, saying it's going to fall further and we need to trade now etc. (scaremongering) but we're willing to risk it and hang on.

Anyone got anything to add or anyone with a crystal ball?

Regards,

Jo and James.

Hi, Jo and James, 

Thank you for post.  We're with Moneycorp and would recommend them for efficiency.  I don't know what deals they're offering now.  We fixed our rate last Feb.  They might be worth contacting, though?

Best wishes,

Andy and Donna

Hi,

we used Moneycorp too for our 1st payment and found them good to deal with but with the Euro being so low at this time, we are having a good look around and seeing what everyone is doing/offering. We will probably hold out until the bitter end. Bit of wait and see, I think.

Anyone have experience of any other Money Dealers? We have contact with Currencies Direct also.

Regards,

 

James & Joanne.