RESSE

iTrader: (1)

Brother-in-law has a question and I thought I would post on here for some help:

He is sending large amounts of monies to dealers (cars NOT drugs)in Germany and Holland, but sometimes the value of the Euro/£ changes between the deal and when the monies are sent.

Does anyone have experience/knowledge of buying currency in largish amounts - or can you point me in the right direction?

TomM

Heres what I do when doing this kind of transaction.

I pay my best mate who lives in Basle, Switzerland (bank transer) and then he pays the dealer in Euro's

Helps if you have a friend in Europe mind!!

alcazar

iTrader: (2)

Mail me off line. I've shifted £alot recently, and have advice I'd rather not put on here!
Alcazar

RESSE

iTrader: (1)

Al - will do, thanks Tom for your help.

merkin

EB, he could try buying forward fx depending on whther he has an idea of how long the delay will be
he could always try somone like www.currencyuk.co.uk or www.currencies4less.com for advice

TomM

Alcazar you dodgy git!!!!

Anyone want a Russian wife or anything imported on the black market give Alcazar a shout!!!

alcazar

iTrader: (2)

LOL :
I wish!!!
Alcazar

Luke

"Helps if you have a friend in Europe mind!! "

And where the hell are we?????? Bangladesh???

TomM

Thank you please.

ScoobyWon't

I've moved £30K to Spain simply by taking it in cash and using a local exchange bureau that offers commission free exchange.

Better rates than banks and no charges.

Best I did was 14K at 168.5E/£1 when bank rate was 159E, they would have charged £30 at each end if transfered.

RESSE

iTrader: (1)

Thank you all for your help and advice - very much appreciated.

Richard