Exchange rate

Posted: Tue Jul 25, 2023 12:18pm

6 replies199 views4 members subscribed

Paul07

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Location: Vera

Joined: 6 May 2019

Hi

We have just sold our place in Vera what is the best way to send the money to the UK. At the moment we are using Currencies direct but the exchange rate is not that good.

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Posted: Tue Jul 25, 2023 2:06pm

LosPardoslady

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Location: Vera

Joined: 22 Jun 2019

Posted: Tue Jul 25, 2023 2:06pm

Have a look at Wise. Their rates are consistently better than currencies direct

Posted: Tue Jul 25, 2023 5:34pm

Peterlee4

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Joined: 5 Oct 2017

Posted: Tue Jul 25, 2023 5:34pm

LosPardoslady wrote on Tue Jul 25, 2023 2:06pm:
Have a look at Wise. Their rates are consistently better than currencies direct

Agree all day long, Wise is the best I have come across, fast, reliable, efficient and very, very good rates...

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Posted: Tue Jul 25, 2023 6:00pm

Paul07

Original Poster

Posts: 12

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Location: Vera

Joined: 6 May 2019

Posted: Tue Jul 25, 2023 6:00pm

Peterlee4 wrote on Tue Jul 25, 2023 5:34pm:
Agree all day long, Wise is the best I have come across, fast, reliable, efficient and very, very good rates...

Thank you both I have now set up a wise account.

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Posted: Tue Jul 25, 2023 9:21pm

DarioMartin

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Posted: Tue Jul 25, 2023 9:21pm

Paul07 wrote on Tue Jul 25, 2023 6:00pm:
Thank you both I have now set up a wise account.

Wise definitely has the best rates.

A word of caution - if it is a substantial sum, have documentary proof available to attest to the source of your funds - they *WILL* freeze / deactivate accounts with your money in it if you are unable to prove the source of funding to their satisfaction

Posted: Wed Jul 26, 2023 9:21am

Sveinb

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Posted: Wed Jul 26, 2023 9:21am

Paul07 wrote on Tue Jul 25, 2023 6:00pm:
Thank you both I have now set up a wise account.

Now you have both wise and CD, run comparison at the same time. I always do, (£ to €) and surprisingly, CD gives me more € every time (except once, in 5 years).

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Posted: Wed Jul 26, 2023 10:39am

Paul07

Original Poster

Posts: 12

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Location: Vera

Joined: 6 May 2019

Posted: Wed Jul 26, 2023 10:39am

Sveinb wrote on Wed Jul 26, 2023 9:21am:
Now you have both wise and CD, run comparison at the same time. I always do, (£ to €) and surprisingly, CD gives me more € every time (except once, in 5 years).

Thank you that is what we plan to do only time i need the euro to go down lol