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fue transfer money uk

Money Transfer FUE - UK
#11
(04-04-2022, 06:03 PM)Bill Wrote: Hi folks,

Another question about moving over! Does anyone have more recent advice on, or experience of, transferring money to Spain for property purchase. Some have mentioned Wise, others SmartCurrencyExchange. We do have a Sabadell account but I am assuming a currency exchange firm will offer better rates than a bank.

So - which one do you recommend?

Thx.

My salary is paid in US dollars, I exchange Money very regularly and without doubt Wise offer the best exchange rates in the market. A friend recently sold his house and went with the solicitors advice to use Currency Direct. The difference in the exchange from Euro's to GBP between the two companies for 150,000 euros was almost 4000 GBP in favour of Wise's rates and charges.
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#12
(07-04-2022, 07:03 AM)Pandali Wrote:
(04-04-2022, 06:03 PM)Bill Wrote: Hi folks,

Another question about moving over! Does anyone have more recent advice on, or experience of, transferring money to Spain for property purchase. Some have mentioned Wise, others SmartCurrencyExchange. We do have a Sabadell account but I am assuming a currency exchange firm will offer better rates than a bank.

So - which one do you recommend?

Thx.

My salary is paid in US dollars, I exchange money very regularly and without doubt Wise offer the best exchange rates in the market. A friend recently sold his house and went with the solicitors advice to use Currency Direct. The difference in the exchange from Euro's to GBP between the two companies for 150,000 euros was almost 4000 GBP in favour of Wise's rates and charges.

Second point, never, ever use a bank for exchange rates, especially when changing large sums
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#13
Wise! no doubt. Pandali is very right.
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#14
Wow. Thanks, that is really good to know!!
2 users say Thank You to Bill for this post
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#15
(04-04-2022, 06:14 PM)Johnrgby Wrote:
(04-04-2022, 06:03 PM)Bill Wrote: Hi folks,

Another question about moving over! Does anyone have more recent advice on, or experience of, transferring money to Spain for property purchase. Some have mentioned Wise, others SmartCurrencyExchange. We do have a Sabadell account but I am assuming a currency exchange firm will offer better rates than a bank.

So - which one do you recommend?

Thx.

We use and have always used Wise
 I will second Wise for transferring Money from UK to Fuerte
John T - Dreaming of A Hole In One  Smile
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#16
(04-04-2022, 06:03 PM)Bill Wrote: Does anyone have more recent advice on, or experience of, transferring money to Spain for property purchase. Some have mentioned Wise, others SmartCurrencyExchange.

I would add to the (for large amounts) list Currency Fair.
For smaller amounts, holding euros and card payments in Fuerteventura, I use Revolut or Crypto.com.

Never used Wise myself although read many good reviews about them not just on this forum. Never used, nor heard of SmartCurrencyExchange.

(04-04-2022, 06:03 PM)Bill Wrote: We do have a Sabadell account but I am assuming a currency exchange firm will offer better rates than a bank.

That's correct. A bank will never offer better rates, nor a service and will possibly charge additional fees for no particular reason. Banks are about 10 years behind and are betting on their customers to never look elsewhere.
I Heart Fuerteventura
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#17
Thanks Sam - I think that is a fair summary!
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