Currency Exchange
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I know this has been covered before, but with the recent change (1st July) in FSA rules for using clearing banks, does anyone have any recommendations of who to use?
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Hi Fultond, For many years I used Currencies Direct. They do not charge commision and gaurantee that your receiving bank will not
charge you a fee. More recently I have changed to Excel Currencies simply because their exchange rates are a little higher.
Eye on Spain recommends Money Corp but my understanding is that this company charges commision on every transfer
and do not gaurantee that you will not be charged a fee by your receiving bank. I stand to be corrected on this.
I hope this help. Jack
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