Who is actually giving the best Exchange rates ???

[liz_heading32]

Hello everyone

My name is Liz and I am moving to Dubai soon.

I was just woundering if anyone could reccommend a Foreign Exchange company to me or just let me know of there experiences in the past with the companies they had used.

Thanks for this, its very much appreciated.

Thanks again.

[sgilli3]

Hi Liz
Welcome to the board.
When Elphaba logs back on, she may be able to help you with this question. She is a little busy at the moment, so it may not be tonight.
Cheers

[adj08]

Hi Liz,

Good luck with the Move. Have a look at the members page
go to the home page then hit members offers
seems like its a great deal the best price and something back.

Also I know some friends who used the company on that page and they highly recommended them to me. But im not changing my money just yet. hope that helps let me know how you get on.

Regards

Art

[liz_heading32]

Hello ADj08

Thanks for that.

I just had a look at them and I have had them reccommended to me before but never got around to it.

I think I will now because there is a members offer of Cash Back on it and they Guarantee an Unbeatable Exchange Rate.

Thanks again for the info......

[Elphaba]

The best deals depends on the amount you wish to transfer.

If it is just a few thousand pounds you should do that in Dubai as you get better retail rates here than in the UK, If however you are looking at moving £10,000 or more than I can offer you access to a company that will give you a wholesale exchange rate with no fees. Banks etc usually make 2% on retail exchange rates (on the difference in buying & selling the currency), but wholesale rates lose just 1%.

I am a licenced independent financial adviser (in both the UK & UAE) and have used this system personally and for many of my clients. You may trasnfer between any currencies subject to a minimum equivalent to GBP 10,000/USD 20,000 etc.

PM me for info.

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[liz_heading32]

Originally Posted by Elphaba

The best deals depends on the amount you wish to transfer.

If it is just a few thousand pounds you should do that in Dubai as you get better retail rates here than in the UK, If however you are looking at moving £10,000 or more than I can offer you access to a company that will give you a wholesale exchange rate with no fees. Banks etc usually make 2% on retail exchange rates (on the difference in buying & selling the currency), but wholesale rates lose just 1%.

I am a licenced independent financial adviser (in both the UK & UAE) and have used this system personally and for many of my clients. You may trasnfer between any currencies subject to a minimum equivalent to GBP 10,000/USD 20,000 etc.

PM me for info.

-

Hey thanks for the advice.

But the amounts I'm changing at the moment will vary from time to time so I think I will stick to Excel and they offering a cash back scheme so I interested to see how much I might get back on it.

I will let everyone know how I get on.