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Hi all,
Looking to make a decent size purchase in Euros, seen a few people on here recommending companies to hedge via – but can’t find the thread.
Who’s good at the moment?
Cheers!
Greek people will be desperate to sell you Euros.
exchange rate is looking nice again 🙂
I gave some advice on [url= http://singletrackworld.com/forum/topic/international-money-moving ]this[/url] thread a few weeks ago - might have been the one you were thinking of.
YOu will need a Euro denominated account.
Barclays will let you have one for free, attached to your existing current account. They obviously want to fleece you by offering a really crap rate when you move funds from your sterling current account to you Euro account - dodge that by sending the money via transferwise to your Euro account.
I recently had a sizeable Euro purchase so moved chunks of sterling into my euro account over the course of 2 months so as to minimise timing risks.
With the rates where they are now, I might hedge a bit more as Id expect the rate to soften again after the general election if anything other than a conservative majority is the result 😉