Where is the best place to get the best rates for converting from Sterling to Euro, Euro to Sterling and Sterling to Dollar? If you deal with the banks they always give less than the best rates which is annoying especially when the currency you are converting is strong. I heard about currency dealers on Oxford Street but dont know if this is reliable or not. Any suggestions?
2007-07-31 08:08:36 · 2 answers · asked by Thomas D 1 in Business & Finance ➔ Other - Business & Finance
What kind of sums are you talking about here?
2007-07-31 08:37:15 · update #1
Where are these dealers to be found that are legitimate?
2007-08-02 09:25:30 · update #2
There are some web based transaction services .. (be careful you don't get caught up in some fake bank SCAM) ..
For amounts less than £1000 the Post Office is quite good .. for higher amounts (less than £100,000) look for a fixed fee service that uses published currency rates ..
For amounts of £100,000 and above, go to a currency dealer/broker... (if you are emigrating, this is the route you need to take)
2007-08-01 20:42:55 · answer #1 · answered by Steve B 7 · 0⤊ 0⤋
Currency dealers only usually deal in large sums and are much more expensive than banks.
2007-07-31 08:17:14 · answer #2 · answered by Anonymous · 0⤊ 0⤋