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Changing money (GBP to EUR) Online
welderman - 2/5/14 at 04:10 PM

Hi All,

Has anyone ever used an online service to buy your Euros (or USD etc.)?

I found a company through Moneysupermarket called fairfx or something like that, which is apparently FCA approved, and when your putting in details its on a HttpS address, so all seems safe, but just wanted your opinion about it really?!!

Thanks All!

Joe.


Rod Ends - 2/5/14 at 04:23 PM

I got some from the Post Office online with quick delivery (24hrs?).
Maybe not the absolute best rate but a least it's someone you've heard of.


me! - 2/5/14 at 04:29 PM

I just use a cash machine when I get there. I'm with Nationwide and normally get a really good rate, it was better when it was fee free though!


joneh - 2/5/14 at 04:37 PM

Fairfx are fine. We use Fairfx cards when ever we go abroad.

Jon


Slimy38 - 2/5/14 at 04:40 PM

Having a HTTPS address means that you're definitely communicating with that company, not that the company itself is legit. Anyone can buy an SSL certificate and make their webpage secure! Although Fairfx have advertised on TV;

https://www.youtube.com/watch?v=ebQqAfBSab4

So are 'probably' ok.

I used Sainsbury's last time I went to Dublin, although I didn't even check the rate. It was convenience more than anything, having it there and then without having to order was worth any commission charges. Then I had a credit card for anything else.

I seem to remember the pre-paid debit cards that can be 'charged up' work out to be the cheapest way to get foreign currency nowadays.


cerbera - 2/5/14 at 06:26 PM

Think I've used fairfax years ago, but now use a Halifax Clarity cards or purchases and ATM cash You get banking exchange rates which are, apparently better than tourist and you don't get any charges for using the card except interest on cash withdrawals. I always pay mine off as soon as I get home and not had more than a couple of quid in interest charges.

The money saving expert guys says it's the best way to spend abroad.

HTH


hobbsy - 2/5/14 at 06:59 PM

+1 for Halifax Clarity. Also Nationwide Select credit card if you bank with them. And for cash Nationwide Flex plus is to totally fee free but it's a tenner per month but you do get a bunch of insurances as well.

Use them all the time as living overseas at the moment.


britishtrident - 2/5/14 at 08:29 PM

Travelex are a 100% reliable and very fast they are normally considered the market leaders.
Post Office online are also good and most high Street branches carry Euros and US Dollars.


Beware travel money cards unless they have embossed numbers you will find it can be difficult to get them accepted in restaraunts so you have to draw cash from machines which can be thin on the ground even in some countries in the EU.

[Edited on 2/5/14 by britishtrident]


sdh2903 - 2/5/14 at 08:33 PM

Fair fx are legit. And used correctly can save you a lot of money.


JoelP - 2/5/14 at 09:29 PM

Last time I went abroad, I just took cash and swapped it in a shop out there. Archaic, but I got a bloody good rate.


AntonUK - 2/5/14 at 10:50 PM

We used caxton in the states last year.

Couldn't fault them, work flawlessly.