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Good evening everyone
I am in the process of looking for a place to buy in Spain and was wondering who do you use to transfer the purchase money over , is there a company that offers a good rate and service ? Many thanks for your help in advance
Wise seems to be the go to currency dealer and online bank, I have found them to be very good at the speed they transfer at usually the best rate.
Posted: Tue Mar 21, 2023 7:15pm
Paolo51 wrote on Tue Mar 21, 2023 7:01pm:
Wise seems to be the go to currency dealer and online bank, I have found them to be very good at the speed they transfer at usually the best rate.
Thank you for your reply. That’s great to know , did you look around for the best rate first before deciding on Wise ?
Posted: Tue Mar 21, 2023 7:43pm
Super helpful member
soundofmusic wrote on Tue Mar 21, 2023 7:15pm:
Thank you for your reply. That’s great to know , did you look around for the best rate first before deciding on Wise ?
You don't have to look around with Wise, they guarantee to give you the interbank rate of the day. Their commission is pretty low too.
You always see what is being offered before you commit, exchange rate and commission.
Posted: Tue Mar 21, 2023 7:54pm
Herefordjack wrote on Tue Mar 21, 2023 7:43pm:
You don't have to look around with Wise, they guarantee to give you the interbank rate of the day. Their commission is pretty low too.
You always see what is being offered before you commit, exchange rate and commission.
Thank you so much for your help!
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Posted: Tue Mar 21, 2023 8:22pm
We used Magna Financial and saved several thousand pounds by doing so https://www.magnafinancial.co.uk/
Wise are very good accounts, we have them for bills, but their fees and exchange rate could not match Magna.
It’s definitely worth looking around as you can save a substantial amount of cash in doing so. Obviously ensuring that any company used is reputable.
Good luck.
Posted: Tue Mar 21, 2023 8:35pm
BlueMooner wrote on Tue Mar 21, 2023 8:22pm:
We used Magna Financial and saved several thousand pounds by doing so https://www.magnafinancial.co.uk/
Wise are very good accounts, we have them for bills, but their fees and exchange rate could not match Magna.
Read more...
It’s definitely worth looking around as you can save a substantial amount of cash in doing so. Obviously ensuring that any company used is reputable.
Good luck.
Thank you , I will also look into them.
Anyone used TorFx as well?
soundofmusic wrote on Tue Mar 21, 2023 6:54pm:
Good evening everyone
I am in the process of looking for a place to buy in Spain and was wondering who do you use to transfer the purchase money over , is there a company that offers a good rate and service ? Many thanks for your help in advance
Hi
I use Revolut as they give a great exchange rate and transfer free within seconds to account in Spain
Posted: Wed Mar 22, 2023 10:37pm
Peter R wrote on Wed Mar 22, 2023 1:27pm:
Hi
I use Revolut as they give a great exchange rate and transfer free within seconds to account in Spain
Thanks for the in
We used Tor Fx for the purchase of our property they were brilliant too . Their customer service was excellent. We now use Revolut to change smaller amounts of money . They are really good too .
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