Where will I acheive the best foreign currency exchange rates?
Posted on Aug 08, 2010 under Foreign Currency Exchange |I am currently looking to buy a house in spain costing me a little over 200,000 pounds sterling and the currency exchange rate the banks are offering seem to be very poor .Can any one please advise of a better route to me obtaining the best rates out there?
Basically a high street bank will be very unlikely to be able to offer you a good exchange rate as they themselves contract this service out to Currency Exchange Specialists who do this for them. You should really cut out the middleman and go straight to them, as for this kind of sum they will both offer you an attractive rate and NOT charge a fee or commission like a bank will.
Be sure to check at your bank in Spain the cost of receiving your funds in Euros - your bank manager may negotiate on this so be sure to agree something in writing BEFORE you do the deal.
I did a similar transaction a number of years ago and made a number of problems in doing this, so you may want to take a quick look at my account of things on this blog, title "How NOT to buy a House and move to Spain" - http://www.tumbit.com/blogs/775-how-not-to-buy-a-house-and-move-to-spain-pt-1.html
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August 2nd, 2010 at 7:00 am
Hi there I’ve seen you question and my company can certainly help with this.
I’m the traders at piagi FX, we are specialist in Foreign Exchange transfers and payments. We will save you as a considerable amount compared to high street banks.
Give me a call a to discuss you situation
0207 993 6090 or drop me an email darren@piagi.com with your details and I willcontact you at your convenience.
In the meantime visit our site http://www.piagifx.com for further information on what we can offer.
References :
http://www.piagifx.com
August 4th, 2010 at 3:07 am
Basically a high street bank will be very unlikely to be able to offer you a good exchange rate as they themselves contract this service out to Currency Exchange Specialists who do this for them. You should really cut out the middleman and go straight to them, as for this kind of sum they will both offer you an attractive rate and NOT charge a fee or commission like a bank will.
Be sure to check at your bank in Spain the cost of receiving your funds in Euros - your bank manager may negotiate on this so be sure to agree something in writing BEFORE you do the deal.
I did a similar transaction a number of years ago and made a number of problems in doing this, so you may want to take a quick look at my account of things on this blog, title "How NOT to buy a House and move to Spain" - http://www.tumbit.com/blogs/775-how-not-to-buy-a-house-and-move-to-spain-pt-1.html
References :