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Hi
Im in the process of buying my home in Spain. Has anyone who has done this used Excel Currencies to exchange to euros?
Does anyone have any feedback, positive or negative based on experience?
I have been recommended to use Currencies Direct, however having made contact with Excel Currencies, they claim to be able to give me a better rate of exchange.
All comments welcome especially if they are based on experience.
Thanks in advance
L
Posted: Mon Jun 13, 2022 6:11pm
Very helpful member
The best choice is WISE https://wise.com/
Hi Rational FX also a very good company , basically avoid the ones you see in the glossy magazines 😊
Posted: Mon Jun 20, 2022 4:01am
Helpful member
I have found Currencies Direct to be excellent. If you access them online you can see the exchange rate instantly, to compare with other offerings
Posted: Mon Jun 20, 2022 12:24pm
Wise is good still depends on amount I did it through the banks to be on the safe side as I hear horrid stories with some of these companies.
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Posted: Mon Jun 20, 2022 8:28pm
Very helpful member
Izzy wrote on Mon Jun 20, 2022 12:24pm:
Wise is good still depends on amount I did it through the banks to be on the safe side as I hear horrid stories with some of these companies.
Wise is very safe
'The international payments firm Wise has made a strong stock market debut with a valuation of £8.75bn, making it the largest-ever listing of a UK tech company'
Posted: Wed Jul 20, 2022 12:53pm
We have just used wise to exchange and transfer £200k to Spain to buy a property. Their app is user friendly and rates/fees excellent. My friends husband works in foreign exchange for an international bank and gave them the thumbs up. I also spoke to someone from Moneycorp who admitted to me that they can’t compete with Wise.
Posted: Sun Jul 24, 2022 10:54am
Georgina74 wrote on Wed Jul 20, 2022 12:53pm:
We have just used wise to exchange and transfer £200k to Spain to buy a property. Their app is user friendly and rates/fees excellent. My friends husband works in foreign exchange for an international bank and gave them the thumbs up. I also spoke to someone from Moneycorp who admitted to me tha...
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...t they can’t compete with Wise.
Worth transferring the money in smaller amounts over time if you can and watching the rate. A few months ago we got 1.18 but dropped.off a bit now.
geraintnorman wrote on Sun Jul 24, 2022 10:54am:
Worth transferring the money in smaller amounts over time if you can and watching the rate. A few months ago we got 1.18 but dropped.off a bit now.
Thanks to everyone who commented. I ended up transferring using revolut as that was the best rate I could get.
liz67 wrote on Sun Jul 24, 2022 11:07am:
Thanks to everyone who commented. I ended up transferring using revolut as that was the best rate I could get.
Good call! They are much better than Wise, and I do have both.
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