$1.92 to the £1

[missy_antha 0]

Just found a company called www.interchangefx.co.uk tel 0207 723 1800. Ask for David Marsh.

They give a great exchange rate. I have just tranferred £2500 to american bank account and they gave me $4821.50. Also they do not charge a fee. It will take 3 days to hit the US bank Account

I have also sorted sending £1200 a month from Feb 2007 to Dec 2007 and they have guaranteed to pay this into my US Bank Account at $1.90 for each of those payments giving me $2280 per month. Once again no fees charged for this.

Just thought I'd let fellow VJs know about this as if you are about to tranfer money over to USA I don't think you will get a much better offer than this

[Fandango 1,440]

Hey Missy, is this a company where they won't do anything under 10k if it's not a monthly scheduled payment?

[missy_antha 0]

Hi Lisa,

They have no minimum amount. So I transfered some cash today and got a rate of $1.92 but the monthly payments from February was a seperate transaction but there is no minimum amount for that either.

I will set up a monthly standing order from my UK bank account to Interchangefx and it then takes 3 working days to hit the US bank account.

The best thing is that it I'm with Lloyds who are rubbish as they only offered me $1.84 for the cash transfer I did today. (would have given me $4600 compared to the $4821 I did get.) They also charge to transfer money to a US bank account.

So not only will I not have to pay a fee for tranfering that money every month but they guarantee to give me $1.90 on that £1200 monthly transfer until December 2007 even if the exchange rate goes down!

Missy

[Mags 112]

There are certainly some damn fine exchange rates going around at the moment...gonna get even better from what I have read.

[ajames79 0]

There are certainly some damn fine exchange rates going around at the moment...gonna get even better from what I have read.

I know this is not the place, but Mags I love your kitty pictures.

[Mags 112]

There are certainly some damn fine exchange rates going around at the moment...gonna get even better from what I have read.

I know this is not the place, but Mags I love your kitty pictures.

[munchkins 0]

Missy, thanks for that link, I just checked them out and spoke to a really nice guy, very helpful and for the amount that we will move over we can book a rate of $1.9475 which in my opinion is excellent, thanks again

[Fandango 1,440]

That is fab Val!

Missy....someone here had once mentioned moneycorp...well I checked them out and they don't transfer anything less than like 5k unless it's a monthly scheuduled thing.

Like if D wanted to send me some money, it has to be over £5k or if he sent £1k, then that 1k would be scheduled every month.

Not that I would mind, lol!!!

[missy_antha 0]

It's a great offer especially as it cost me about £45 to send itcash via Western Union when I sent £400 earlier this year. LLoyds bank were going to charge even more than that.

So the fact it's such a good exchange rate, no charge for sending it and they have no minimum amount I think it's a real winner

[Mags 112]

It's a great offer especially as it cost me about £45 to send itcash via Western Union when I sent £400 earlier this year. LLoyds bank were going to charge even more than that.

So the fact it's such a good exchange rate, no charge for sending it and they have no minimum amount I think it's a real winner

It does sound good, I'm tempted myself. But there is that part of me that thinks "but what's in it for them?" and "if it seems too good to be true it probably is!".

Get my point? How do they get paid for transferring this money over?

[TexHerts 0]

It's a great offer especially as it cost me about £45 to send itcash via Western Union when I sent £400 earlier this year. LLoyds bank were going to charge even more than that.

So the fact it's such a good exchange rate, no charge for sending it and they have no minimum amount I think it's a real winner

It does sound good, I'm tempted myself. But there is that part of me that thinks "but what's in it for them?" and "if it seems too good to be true it probably is!".

Get my point? How do they get paid for transferring this money over?

It works in the same way as when you pay for securing a good interest rate when selecting a mortgage. The bank 'buys' money at a prevailing rate and they cream of the top and charge you a slightly higher rate than they paid thats where they make their money.

That said, I have been looking for a cheaper way to send cash to the states and this seems by far the most cost effective way to do it - Thanks for the tip Missy!!!

[Mags 112]

It's a great offer especially as it cost me about £45 to send itcash via Western Union when I sent £400 earlier this year. LLoyds bank were going to charge even more than that.

So the fact it's such a good exchange rate, no charge for sending it and they have no minimum amount I think it's a real winner

It does sound good, I'm tempted myself. But there is that part of me that thinks "but what's in it for them?" and "if it seems too good to be true it probably is!".

Get my point? How do they get paid for transferring this money over?

It works in the same way as when you pay for securing a good interest rate when selecting a mortgage. The bank 'buys' money at a prevailing rate and they cream of the top and charge you a slightly higher rate than they paid thats where they make their money.

That said, I have been looking for a cheaper way to send cash to the states and this seems by far the most cost effective way to do it - Thanks for the tip Missy!!!

Ahh, okay, thanks for explaining that! I'm really thinking about using him myself...