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#778983 09/06/23 10:10 AM
Joined: Jan 2012
Posts: 4,333
D
Gone to Porsche
Part of the Furniture
OP Offline
Gone to Porsche
Part of the Furniture
D
Joined: Jan 2012
Posts: 4,333
Good day all, our business is evolving from our high street Banks as they are all shutting down, therefore can any one recommend a trusted Business or Platform that exchanges large monetary amounts, euros been our main exchange but some dollars required infrequently.

thank you in advance
Dean.


www.generalpaint.biz/color.php Problem with your Colour, we offer TM members impartial advice.
Dean-Royal #778984 09/06/23 10:37 AM
Joined: May 2019
Posts: 389
Likes: 17
Learner Plates Off!
Offline
Learner Plates Off!
Joined: May 2019
Posts: 389
Likes: 17
I can't say enough good things about using WISE for business and personal currency needs. Really easy and a lot cheaper than the bank! Give it a try with a fee-free transfer of up to 500 GBP.

https://wise.com/invite/ath/edwinq6

I do get a little kickback if you use my link.

I use it to pay VAT in UK, send/recieve Euros. In the last month I used it for Bahts in Thailand and Hong Kong Dollars. Very low fees and the best exchange rates. I'm visiting UK now (in Malvern today). Was able to withdraw £500 at a no fee ATM.

Last edited by Edwin; 09/06/23 10:38 AM.

65 Plus 4 / 4 Seater, car addict
Dean-Royal #778991 09/06/23 12:31 PM
Joined: Sep 2011
Posts: 14,748
Likes: 158
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Member of the Inner Circle
Joined: Sep 2011
Posts: 14,748
Likes: 158
I just saw this.
My daughter who lives in South Africa but visits at least once a year and has EU clients put me on to Wise. I used the debit card on our recent trip; France,Ireland, North Ireland, Scotland, England, France, Switzerland, Germany, Switzerland, and back to Italy.

It is a multi currency account and I currently have AUD, EUR, GBP, and CHF. They offer market exchange rates and low fees. They also cater for large amounts, if required, and forward exchange rates can be set up.

I took it up because I needed a multi currency card following the Brexit cancellation of my Weswap account because they did not have an EU licence for banking operations.

Wise works well for me and transfers and exchange are incredibly fast. The transfer to another Wise account seems instantaneous.


Peter

[Linked Image]
Dean-Royal #778994 09/06/23 01:17 PM
Joined: May 2019
Posts: 389
Likes: 17
Learner Plates Off!
Offline
Learner Plates Off!
Joined: May 2019
Posts: 389
Likes: 17
They are up to 50+ currencies now.


65 Plus 4 / 4 Seater, car addict
Dean-Royal #778998 09/06/23 02:09 PM
Joined: Aug 2013
Posts: 988
Likes: 14
R
Talk Morgan Regular
Offline
Talk Morgan Regular
R
Joined: Aug 2013
Posts: 988
Likes: 14
I have been using Wise for a number of years now, has always worked flawlessly across GBP, EUR and MYR. The only watch point is that it is not actually a bank so is not covered by the deposit indemnity scheme.


Brian

Jersey and Spain
Dean-Royal #779031 09/06/23 11:35 PM
Joined: Sep 2010
Posts: 2,431
Likes: 17
T
Talk Morgan Expert
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Talk Morgan Expert
T
Joined: Sep 2010
Posts: 2,431
Likes: 17
I use Wise too, formerly Transferwise, great rates and recommended!


1969 4/4
1995 plus 8
1996 Plus 4 4seater
2002 Aero S1
2013 M3W
2014 Plus 8
Dean-Royal #779154 12/06/23 08:15 AM
Joined: Jan 2012
Posts: 4,333
D
Gone to Porsche
Part of the Furniture
OP Offline
Gone to Porsche
Part of the Furniture
D
Joined: Jan 2012
Posts: 4,333
Thanks everyone.


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