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Best Foreign Exchange Deals?

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  • 04-03-2010 9:08pm
    #1
    frankstar
    Closed Accounts Posts: 6 ✭


    Hello
    I need to exchange £1,000 sterling that I have in cash for euro. How would I go about getting the maximum in euro for this transaction? Post office, forex dealer, bank? Fees? Commissions? Rates in general?
    Would be great if someone could advise
    Cheers
    F

    :confused:
    Tagged:


Comments

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    #2
    Jet Black
    Registered Users Posts: 3,845 ✭✭✭Jet Black


    Post office does not do Forgien exchange and Forex is a online trading company. If you have it as cash and need to change it in Ireland the bank is your best option.


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    #3
    frankstar
    Closed Accounts Posts: 6 ✭frankstar


    Thanks JB
    Which bank usually does the best rate? What about credit unions, building societys?


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    #4
    Jet Black
    Registered Users Posts: 3,845 ✭✭✭Jet Black


    It changes everyday so your best bet is to look around. For commission free, if you have an account with a bank that does currencey exchange you might get it comission free.


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    #5
    frankstar
    Closed Accounts Posts: 6 ✭frankstar


    Thanks
    Is there a website where I can get each institutions Buy rate? Or do I have to call each one up individually?


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    #6
    Toots
    Administrators, Business & Finance Moderators, Society & Culture Moderators Posts: 16,920 Admin ✭✭✭✭✭Toots


    You'll have to check each one individually I'm afraid.


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