Euro to Sterling

Hi

I wonder if anyone can help me I would like to know what is the cheapest and best way to send money to the UK.  I need to send money to England, also does anyone know what the rate is to convert euros to pounds.

Thank you in advance

Hi Kelly

This morning you would have got around 84p for every euro, I would recommend you use a currency broker like moneycorp to carry out the transaction for you, the acutal rate you get will depend on the amount you are changing, you can click onto the moneycorp site through the link on this site.

S

Thanks for the info, do they charge for this service ??? also I remember seeing something about the uk post office have a facility to do this too but maybe wrong, have you heard about this ???

Hi Kelly Maria - use a broker if you are sending a significant amount as they will get the commercial rate for you instead of the tourist rate.  The rates change every 4 minutes so it is worth talking to one of the companies about timing, again if you are sending a lot of money.  There are lots of companies around, but I use John Mohan at Sterling Exchange and have always been happy with the service and advice.  There is no charge for the service and I use internet banking which is also free.

Just a note - if you are sending money from the UK to Spain never send more than 50,000€ at a time or the banks will charge to receive it.