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Currency Exchange Companies - Page 2

tonywallbank

Posted: Wed May 11, 2022 11:14am

Posts: 35

16 helpful points

Location: Los Alcázares

Joined: 17 Oct 2018

Posted: Wed May 11, 2022 11:14am

Ditto everything good said about Wise, as for charges for cash withdrawals it's become almost impossible to avoid these in Spain except for withdrawals from your expensive Spanish bank account but it costs me a lot less than the €35 a quarter I was paying Sabadell and you can use a credit/debit card cost free for virtually all transactions unless your card issuer charges you, good luck

CFC1905

Posted: Wed May 11, 2022 2:01pm

CFC1905

Very helpful member

Posts: 732

559 helpful points

Location: Camposol

Joined: 25 Aug 2016

Posted: Wed May 11, 2022 2:01pm

Always use WISE and one of the things I like is that you can nominate the exact amount to be received by the recipient meaning they do not receive less due to charges

Very competitive rates and very quick transfers

Avril52

Posted: Wed May 11, 2022 3:08pm

Posts: 24

6 helpful points

Location: La Tercia

Joined: 7 Jul 2021

Posted: Wed May 11, 2022 3:08pm

Revolut is brilliant.  NO commission charges, Free to draw money out at most ATMs except at weekends. It’s an online service and in the 3 years I’ve used them, I’ve had no problems at all.  Check out their website. Martin Lewis also recommends.

Roland

Posted: Wed May 11, 2022 3:31pm

Roland

Legendary helpful member

Posts: 3535

2596 helpful points

Location: Camposol

Joined: 23 Feb 2018

Posted: Wed May 11, 2022 3:31pm

Avril52 wrote on Wed May 11, 2022 3:08pm:

Revolut is brilliant.  NO commission charges, Free to draw money out at most ATMs except at weekends. It’s an online service and in the 3 years I’ve used them, I’ve had no problems at all.  Check out their website. Martin Lewis also recommends.

It might be no commission but their exchange rate cannot be good.

They have to make money somewhere.

Avril52

Posted: Wed May 11, 2022 5:10pm

Posts: 24

6 helpful points

Location: La Tercia

Joined: 7 Jul 2021

Posted: Wed May 11, 2022 5:10pm

Roland wrote on Wed May 11, 2022 3:31pm:

It might be no commission but their exchange rate cannot be good.

They have to make money somewhere.

The exchange rate is exactly what the pound to euro is, I’ve transferred money for three years and the exchange rate is always excellent.  Please read up on it before making throw away comments.

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eduardo3332

Posted: Wed May 11, 2022 10:02pm

eduardo3332

Super helpful member

Posts: 1592

1194 helpful points

Joined: 21 Jan 2016

Posted: Wed May 11, 2022 10:02pm

Avril52 wrote on Wed May 11, 2022 5:10pm:

The exchange rate is exactly what the pound to euro is, I’ve transferred money for three years and the exchange rate is always excellent.  Please read up on it before making throw away comments.

Pound to euro what exchange rate are you referring to mid market?

Avril52

Posted: Wed May 11, 2022 10:08pm

Posts: 24

6 helpful points

Location: La Tercia

Joined: 7 Jul 2021

Posted: Wed May 11, 2022 10:08pm

eduardo3332 wrote on Wed May 11, 2022 10:02pm:

Pound to euro what exchange rate are you referring to mid market?

1.16.57 this morning.

CFC1905

Posted: Wed May 11, 2022 10:11pm

CFC1905

Very helpful member

Posts: 732

559 helpful points

Location: Camposol

Joined: 25 Aug 2016

Posted: Wed May 11, 2022 10:11pm

At the time of writing

Revolut 1.1640

Wise 1.1655

Roland

Posted: Wed May 11, 2022 10:19pm

Roland

Legendary helpful member

Posts: 3535

2596 helpful points

Location: Camposol

Joined: 23 Feb 2018

Posted: Wed May 11, 2022 10:19pm

CFC1905 wrote on Wed May 11, 2022 10:11pm:

At the time of writing

Revolut 1.1640

Wise 1.1655

That's how Revolut make their money then.

😁😁

Avril52

Posted: Wed May 11, 2022 10:21pm

Posts: 24

6 helpful points

Location: La Tercia

Joined: 7 Jul 2021

Posted: Wed May 11, 2022 10:21pm

CFC1905 wrote on Wed May 11, 2022 10:11pm:

At the time of writing

Revolut 1.1640

Wise 1.1655

Yes but Revolut do not charge commission when transferring funds or taking cash fro an ATM except on weekends.  However, every individual has personal preferences.

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