Foreign Exchange Specialists

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Foreign Exchange Specialists

Postby sarahcw1 » Wed Sep 07, 2016 10:46 am

Hello, has anyone used an FX specialist rather than their bank to bring sterling to France. Their rate is much better however I worry about them stealing my hard earned cash. Anyone have any experience using these companies? Thank you.
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Re: Foreign Exchange Specialists

Postby Brian and Helen » Wed Sep 07, 2016 12:35 pm

Hello Sarah. As long as you use a firm which is properly regulated, such as HiFx, Transferwise and the like, you will have no trouble.
I have used HiFx every month for over a decade and have no issues with them whatsoever, they are prompt and reliable and at 3% under market rate, they're much better value than the banks. Try and transfer at least £3000 at a time otherwise you'll incur a £9 fee. Other people will doubtless testify to the excellent service they get from other providers, the trick is to make sure they are properly regulated.

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Re: Foreign Exchange Specialists

Postby sarahcw1 » Wed Sep 07, 2016 12:40 pm

Thank you so much. It would be a significant amount as I may buy a house hence my concerns about using anyone other than the bank. I I'll look up the one you use now. Thank you again.
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Re: Foreign Exchange Specialists

Postby peter » Wed Sep 07, 2016 11:48 pm

Hi

I have used Currencies Direct over many years.

Select the biggest, most reliable outfits and check rates ?
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Re: Foreign Exchange Specialists

Postby gurubarry » Thu Sep 08, 2016 1:43 pm

I agree, they are very good and easy to use I find .
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