Fuerteventura Forum

General Chit Chat & Queries - no commercial links => Money, Currency & Banks etc. => Topic started by: isleswing on July 30, 2013, 11:28:09 AM

Title: Current Rates
Post by: isleswing on July 30, 2013, 11:28:09 AM
Just spotted over-the-counter rate in the Post Office down to 1.09 euro/£
Title: Re: Current Rates
Post by: bedouin on July 30, 2013, 11:40:43 AM
I usually buy currency online from ICE (www.iceplc.com (http://www.iceplc.com)).  Good rates and free Royal Mail Special Delivery.  Right now, they're selling euros at 1.1374
Title: Re: Current Rates
Post by: isleswing on July 31, 2013, 10:48:58 AM
BTW, I wouldn't buy from the Post Office anyway. A few seasons ago they were competitive and convenient, but not now.

I buy from Thomas Cook in the High Street. Just walk in and quote the online rate, she sucks through her teeth, then pays up. It won't ever be quite the best rate, but very easy to buy.
Title: Re: Current Rates
Post by: woe10 on August 14, 2013, 14:26:10 PM
Liverpool Airport last week 1.02  :o  Robbin' Scousers ..
Title: Re: Current Rates
Post by: duggiesdad on August 16, 2013, 08:54:24 AM
This morning at my local PO 1.06  >:( on my Fairfx Euro Card 14.75  ;D, say no more!
Title: Re: Current Rates
Post by: potash on August 16, 2013, 20:13:21 PM

No ATM  charges
https://www.caxtonfx.com/currency-cards/ (https://www.caxtonfx.com/currency-cards/)

I use fast pay to pay invoices abroad and transfer money into Fuerteventura account

https://www.caxtonfx.com/international-payments/ (https://www.caxtonfx.com/international-payments/)
Title: Re: Current Rates
Post by: zedzedeleven on August 27, 2013, 09:22:39 AM
ICE are now charging an admin fee. Just ordered 800 euro`s and got slapped with an admin fee of £4.75, rate was 1.1444. The same transaction six months ago didn`t attract an admin fee. Might be better of at Caxton next time. I have complained about it to ICE, let`s see if they rescind it.
Title: Re: Current Rates
Post by: isleswing on August 27, 2013, 12:51:24 PM
I get the rates from http://travelmoney.moneysavingexpert.com/ (http://travelmoney.moneysavingexpert.com/)
It shows not just the rate, but the actual amount you get for your money after any charges they add.
That's also a question to ask when you buy over the counter. "If I give you £200, how much in euros will you give me?" Stops any sneaky add-ons.

Title: Re: Current Rates
Post by: bedouin on August 27, 2013, 14:38:11 PM
Quote from: zedzedeleven on August 27, 2013, 09:22:39 AM
ICE are now charging an admin fee. Just ordered 800 euro`s and got slapped with an admin fee of £4.75, rate was 1.1444. The same transaction six months ago didn`t attract an admin fee. Might be better of at Caxton next time. I have complained about it to ICE, let`s see if they rescind it.

I think they've always charged an admin fee for orders under £700.  Your 800 euros would have just been a few pence under £700.  If you'd ordered a few more euros, you'd have effectively got them for free!
Title: Re: Current Rates
Post by: zedzedeleven on August 27, 2013, 16:13:52 PM
Aye, just got a reply from them and you are right, the charge is for transactions up to £700 but it`s a recent charge, I didn`t pay it six months ago on the same transaction and I got more euro`s then. For the sake of another ninetyfour pence worth of euro`s it cost me £4.75, crazy.
Title: Re: Current Rates
Post by: isleswing on August 28, 2013, 11:17:15 AM
Ironic isn't it? If the rate had been only very slightly less bad, (1.148 insead of 1.1444) you'd have got the extra euro to put you over the minimum - so it's still their fault, really.
Just shows how a small number adds up on the total.
Title: Re: Current Rates
Post by: Paddster on September 17, 2013, 07:45:15 AM
Quote from: potash on August 16, 2013, 20:13:21 PM

No ATM  charges
https://www.caxtonfx.com/currency-cards/ (https://www.caxtonfx.com/currency-cards/)

I use fast pay to pay invoices abroad and transfer money into Fuerteventura account

https://www.caxtonfx.com/international-payments/ (https://www.caxtonfx.com/international-payments/)





The Caxton Card is just brilliant - John put me onto it a couple of years ago and i wouldn't use anything else now to be honest.....Competitive rates and so easy to load and use abroad - brilliant  :) :)
Title: Re: Current Rates
Post by: potash on September 17, 2013, 17:47:54 PM
Nice to see my pupils making use of a quality product .HI paddy  ;D  The £ is doing well at the min it always goes up after they have  raked it in  during the school hols.
Title: Re: Current Rates
Post by: Brianmazdaman on September 22, 2013, 15:14:06 PM
What do you get in the canaries on the exchange as maybe better to change monies whilst there
Title: Re: Current Rates
Post by: smurf on October 06, 2013, 14:45:56 PM
 I bought Foreign currency direct on Friday 1.1628 have it transferred straight into my bank,but it had just dipped ,though Better than earlier in year .