20 Jan 2021 9:12 AM:
Nic
Looking at your recent posts, I have to say that the last time the interbank mid rate hit €1.15 was way back in early spring 2020, but you were merely making an example of course.
Thr problems with having payment of the state pension or other funds, directly into one's bank here on the day of issue is the lack of control of the rate used, although the DSS uses World Bank and the rate is very good, relative to others, at the time. I prefer to transfer at a rate of my choosing, and thus I keep a beady eye on the rate via XE.com. I have been using Currencies Direct for many years and find them invariably friendly and effecient. They also have two offices close to me, so could have face to face discusions if need be.
It would have been so much easier had the UK joined the Euro back in the day. We will have to wait for the rejoining, when we will not have the chance to demur.
Thread:
bank charge for money transfer
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