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French Finance
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 21/05/2008, 18:13
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Quarmby
Joined on 24/03/2008
Posts 22
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I shall soon have to bring across a large sterling sum to finance a house purchase, and I notice that the rate the Natwest (my bank) is offering is several cents below the mid-market rate. I know that there are organisations other than the high st. banks who do currency transfers - can anyone recommend one?
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22/05/2008, 11:34
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Stu the Brewer
 
Joined on 23/08/2004
Lot
Posts 17
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I persanal have used Currencies Direct many times, who have been very helpful, the rate you will get depends on the ammount to be converted.
I would reccomend them, however there are others offering this service, suggest looking through one of the French English newspapers for alternatives
Regards
Stu the brew
P.S. their website is http://www.currenciesdirect.com/uk/
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22/05/2008, 12:23
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plasteredagain
Joined on 30/04/2008
hereford/dordogne 24
Posts 6
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we used hifx to transfer all the money when we purchased our house and we still use them whenever transfering money between our uk and french bank accounts. very quick service.
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05/06/2008, 23:28
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Jo
Joined on 06/08/2006
86, Vienne.
Posts 193
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We used the Foremost Currency Group when we purchased our property 2 years ago and found them very helpful and efficient, no horror stories of the money disappearing into the ether![Smile [:)]](/cs/images/emotions/smile.gif) They will also fix a rate for you, so you can use the same rate for the balance as you do for the deposit which means you can take advantage of a good rate, or at least that you know exactly what you are paying for the property, no nasty surprises 3 months down the line when the rate has fallen!![Sad [:(]](/cs/images/emotions/sad.gif)
Love all, trust a few, do harm to no-one.
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06/06/2008, 7:40
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lostinfrance
Joined on 31/05/2008
Posts 97
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Yes very quick HIFX and free
I had to transfer this week, (much against the grain,at the present rate) made the contract Tues. 9.30 A.M. money in my french bank WED. 12.00
Hassle free
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06/06/2008, 7:54
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DerekJ
Joined on 19/10/2007
Surrey and soon also the Lot
Posts 154
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We've just used the 4X Currency Corporation for both a spot and forward transaction.
The rate seemed competitive and I like the fact that you can use their on-line tool and actually "press the button" as the rate sort of flickers in front of you.
They completed the transfer to France with no charges and in a timely way.
If you do a transaction of under £10K they will accept payment to them by BACS (instead of CHAPS for over the £10K).
Derek
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06/06/2008, 19:23
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Nearly Retired
Joined on 23/07/2005
Posts 252
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This afternoon the man at Foreign Currency Direct offered me €1.23 for £1.00 for a £20,000 transfer.
Hope this helps.
I didn't take him up on it though.
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06/06/2008, 21:46
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Nell
Joined on 14/08/2007
24
Posts 73
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We always use Moneycorp for transfers. Have looked at other companes but Moneycorp always seems to come out on top.
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09/06/2008, 14:32
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Nearly Retired
Joined on 23/07/2005
Posts 252
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DerekJ,
4X Currency Corporation plc look good and as you said, seeing the rates flicker and change in real time is interesting. I'm transferring a lump (which I'll need in a couple of weeks) and they seem to offer the best deal today. I presume your transaction was faultless as have been mine with another firm I've previously used.
But, before I give 4X a go - has anyone else used them and got any observations?
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09/06/2008, 14:42
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Jazzer
Joined on 07/01/2008
Sugeres
Posts 31
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As a retired Bank Manager, i was very impressed with Sterling Exchange,They saved me a couple of grand 2 years ago.
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France Forum » Legal and Finan... » French Finance » Money transfers
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