1. Look out for the banks!
Like I mentioned, using a bank to change euros is the currencies equivalent of throwing yourself to the wolves. For instance, imagine that your funds are a cappuccino. Banks look to skim as much of the nice white foam as possible, leaving you with plain old coffee. Not the best option in other words!
2. Get a better rate! Contact a currencies broker
To take the pain out of changing currencies then, your 1st port of call should be a foreign exchange broker. For brokers, changing currencies is as natural as breathing, meaning you can anticipate a tip top exchange rate. Even better, exchange brokers hold a keen gaze on the foreign exchange markets, meaning you can receive specialist help about the time to transfer too.
3. Plan plan plan
Last of all, to make transferring funds to Spain smooth sailing the best bet is to plan. Think about sending the funds abroad as soon as possible, so you’re not landed with a dismal exchange rate at the last minute.
Good luck!
Email: peter.lavelle@purefx.co.uk
Website: www.purefx.co.uk
