Anybody ever used currencies.co.uk to transfer their dosh from euros?

[psychocandy]

I am with the same bank and if you are making small transfers then there is nothing to save due to the cost of doing the transfer, strangely for you its 33 and for me its 29, unless they have increased it this month.

I am very interested in transferwire, but has anyone tried to match a reasonably large exchange with them, say in excess of 20K as it seems like people mostly getting a good rate on some holiday currency to me. Which would make sense as matching it would be much simpler. While you may have to wait a while to get a match for a larger amount.

Yeh. I thought it was 29 too - according to the website it still is.

On 10,000E you still save about £80 on the banks rate, so its still £40-£50 in it. Depends if you can be bothered or not....

[TransferWise]

using TransferWise for EUR / GBP transfers

I am very interested in transferwire, but has anyone tried to match a reasonably large exchange with them, say in excess of 20K as it seems like people mostly getting a good rate on some holiday currency to me. Which would make sense as matching it would be much simpler. While you may have to wait a while to get a match for a larger amount.

Hi mooshld - glad to hear! Note that there are max limits in place on TransferWise. These are currently 10K EUR if you are transferring Euros to Sterling and 2000 GBP when you are transferring from Sterling. You can break your transfer up into a series of smaller payments.

People who've used us will tell you that matching EUR is instant most of time, while putting through GBP to EUR usually take 24-48 hours. You can always hit the "Instant Match" button if you're in a hurry

We are also working on a premium account model, which will enable transfer with much higher limits. Drop us a note if you need help!

[mooshld]

Hi mooshld - glad to hear! Note that there are max limits in place on TransferWise. These are currently 10K EUR if you are transferring Euros to Sterling and 2000 GBP when you are transferring from Sterling. You can break your transfer up into a series of smaller payments.

People who've used us will tell you that matching EUR is instant most of time, while putting through GBP to EUR usually take 24-48 hours. You can always hit the "Instant Match" button if you're in a hurry

We are also working on a premium account model, which will enable transfer with much higher limits. Drop us a note if you need help!

Thanks for the update, the 10K limit is a pain as the transfer fee from the business account pretty much wipes out the savings you make, as mentioned above.

Look forward to using when the premium model is setup, and will definitely look into for holiday money and the like.

[psychocandy]

Hi mooshld - glad to hear! Note that there are max limits in place on TransferWise. These are currently 10K EUR if you are transferring Euros to Sterling and 2000 GBP when you are transferring from Sterling. You can break your transfer up into a series of smaller payments.

People who've used us will tell you that matching EUR is instant most of time, while putting through GBP to EUR usually take 24-48 hours. You can always hit the "Instant Match" button if you're in a hurry

We are also working on a premium account model, which will enable transfer with much higher limits. Drop us a note if you need help!

Sounds like a good idea. the only thing that puts me off is transferrring 1000s or euros into a bank account.

What sort of protection do I have with regards to this money just disappearing or company going bust?

[phillrow]

I've used xe.com myself.