Pads Posted January 17, 2012 Share Posted January 17, 2012 I need to transfer some more money to pay my builder for the next job on my barn , I was not impressed by the service of my normal people last time and plan to do a quick recci of some others this time can anyone recommend a company that offer a good rate ?Many Thanks Link to comment Share on other sites More sharing options...
PaulT Posted January 17, 2012 Share Posted January 17, 2012 We used Currencies Direct when purchasing. We used them for the deposit and then for the balance I contacted a number of companies and also viewed the rates of a company that work on line. Their rate was the best. When I spoke to Currencies Direct their rate was lower than the highest which was the one on line. 'How does that seem and are you just researching or about to transfer'. I told them that at the right rate the transfer would be that day. 'Hold a minute please' and they came back with an excellent rate. 'We can tag yours on to a far larger transaction we are doing' he said that I did not believe.For me the lesson was do not accept the first rate given and play one off against the other.Paul Link to comment Share on other sites More sharing options...
Pads Posted January 17, 2012 Author Share Posted January 17, 2012 Thanks I will check them out Link to comment Share on other sites More sharing options...
Gardener Posted January 17, 2012 Share Posted January 17, 2012 http://www.hifx.co.uk/ Link to comment Share on other sites More sharing options...
JSKS Posted January 17, 2012 Share Posted January 17, 2012 For regular transfers at a good rate and very low transfer charges we have found:https://www.currencyfair.com/excellent. It is a peer-to-peer service and can be used for small or large amounts. The only snag is that there is always a delay of 2 or 3 days in getting funds to them to exchange but that is not a problem if you plan ahead. Link to comment Share on other sites More sharing options...
Graham & Brenda Posted January 17, 2012 Share Posted January 17, 2012 CurrencyFair now works with the Faster Payments service - if the amount you want to transfer is within the limit for that (£5000 I think). Last time I used them it took less than 20 minutes for them to acknowledge receipt of my funds. Link to comment Share on other sites More sharing options...
Pads Posted January 17, 2012 Author Share Posted January 17, 2012 Many thanks for the replies ...having a quick google of them all then will try them to see who gives me the best rate Link to comment Share on other sites More sharing options...
suein56 Posted January 17, 2012 Share Posted January 17, 2012 [quote user="Pads"] ... having a quick google of them all then will try them to see who gives me the best rate[/quote]With Currency Fair you can practically choose your own rate. If you are in a hurry you can go with the 'flashing rate' on the exchange board and your money will be exchanged before your very eyes and then cost 3€ to transfer out to wherever. But if you are prepared to wait for a few minutes or a few hours you can opt for a 'better rate'. You choose a rate and post your option on the board. Sometime later someone will come along and snaffle your funds at your rate. You are sent an email when this happens.All this sounds most odd until you try it. I was dubious but am now a huge fan as I just adore being able to do what I want when I want to.Sue [:)] Link to comment Share on other sites More sharing options...
Pads Posted January 17, 2012 Author Share Posted January 17, 2012 Sue thanks for that .....not used this company before but going to goggle them now , Your right that does sound odd , do you have any more info on them and how safe is this site ? Link to comment Share on other sites More sharing options...
suein56 Posted January 17, 2012 Share Posted January 17, 2012 [quote user="Pads"]Sue thanks for that .....not used this company before but going to goggle them now , Your right that does sound odd , do you have any more info on them and how safe is this site ? [/quote]Will send you a pm Pads.Sue Link to comment Share on other sites More sharing options...
Pads Posted January 17, 2012 Author Share Posted January 17, 2012 Thankyou Link to comment Share on other sites More sharing options...
Pads Posted January 17, 2012 Author Share Posted January 17, 2012 What is my swift /bic number on my french account ......?? I have these numbers on my rib BanqueGuichetNumero de compte Cle rib Is it any of these ?Many thanks Link to comment Share on other sites More sharing options...
allanb Posted January 17, 2012 Share Posted January 17, 2012 [quote user="Pads"]Banque, guichet, numero de compte, cle rib... Is it any of these ?[/quote]No, it's a separate code (either 8 or 11 characters) and I think it's usually labelled 'BIC' in French as well as English.On my RIB, the next line after the codes you mentioned contains the IBAN (which is essentially the same series of code numbers again, but grouped differently) and then the BIC. If these don't appear on your RIB then I wonder whether it is an old one, printed before the IBAN and BIC were generally adopted. Your bank should give you up-to-date RIBs on request. Link to comment Share on other sites More sharing options...
meiklejohn Posted January 17, 2012 Share Posted January 17, 2012 I used to use HIFX. Absolutely no problems with the service but they decided to start charging for the privilege of moving my money.I then went to the Post Office FX service who don't charge but you get a slightly worse rate.However due to the amount I change every month it works out better for me use the Post Office.Register with both sites and then get an instant quote and you can work out what's better for you.As I said it will all depend on the amount you are switching.Note - The HIFX and Post Office sites are almost identical [:D] Link to comment Share on other sites More sharing options...
Pads Posted January 17, 2012 Author Share Posted January 17, 2012 Well thanks to sue all done and dusted .....phew I found my bic ...as my rib is so old it had curled up at the bottom when I uncurled it I found it at the bottom Many thanks to all for advice My bank account is now empty ;( time to start saving for some more bricks .... Link to comment Share on other sites More sharing options...
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