Changing Large Sums of Money from Dollars to Pounds



monkeytassle said:
Probably revolut. Failing that a broker. My mate runs a place I'd be happy to pass on deets if needed.
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Any information would be appreciated, mate. I've never exchanged such a large sum before and obviously want to minimise the amount that I'll lose out on in the exchanging process. Don't really know where to start in truth.
 
Lexingtongue said:
Any information would be appreciated, mate. I've never exchanged such a large sum before and obviously want to minimise the amount that I'll lose out on in the exchanging process. Don't really know where to start in truth.
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Others will be better versed on revolut but the exchange rate you see on the net is called the interbank rate. You'll be charged a spread around that which is the brokers commission. It used to be like 1% for that sort of amount but now should be around 0.1%. You'll likely pay a transfer fee of 20 quid. On the broker model you call, agree a rate then send the money in and your recipient account details. It's pretty seamless.

Do not use your bank. They will have your eyes out.
 
Oh, just a heads up, the money will be actual hard currency, not a bank to bank transfer.
 
I used Currency Online Group to change a bunch of Chinese Currency to pounds - worked pretty well all told, posted them the currency and was paid into my bank account in a few days. Decent exchange rates too better than I expected or could get in China
 
Drug dealer forum this shite.

taipeisafc said:
I used Currency Online Group to change a bunch of Chinese Currency to pounds - worked pretty well all told, posted them the currency and was paid into my bank account in a few days. Decent exchange rates too better than I expected or could get in China
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:rolleyes:
 

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