Currency Conversion/Broker

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This topic contains 2 replies, has 3 voices, and was last updated by Profile photo of Anonymous Anonymous 9 years, 9 months ago.

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  • #52691
    Profile photo of Anonymous
    Anonymous
    Participant

    Can anyone recommend a currency conversion company? We are finally buying a property in Ibiza and need to transfer the 10% deposit by 16 March. This site says to avoid high street banks and use currency brokers instead. Are there any that you would particularly recommend? Or do I just head for the usual suspects like MoneyCorp or Travelex?
    Any advise would be welcome as we’re trying to save every penny!
    Thanks in advance.
    Van

  • #69782
    Profile photo of Anonymous
    Anonymous
    Participant

    I would recommend HIFX, I have been using them since 1999, never a problem, very competative rates, no bank charges.

    Please be careful that your bank in spain will charge you a commission, yes even though that you are providing them with financial liquidty.

  • #69788
    Profile photo of Anonymous
    Anonymous
    Participant

    Hi

    We use http://www.globalcurrencyservice.co.uk.

    Charges me about £15 each transfer and he’s about 0.01 below the interbank rate normally

    Regards

    Paul

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