As title. Where do you go to get a large amount of £ swapped to $? This is a large amount here (well into 5 figures)- dont fancy going into the high street with a suitcase as
a) Special branch may take an interest- thinking I was money laundering (im not )
b) the high streets rates are sh*te

$/£ rate is 1.88 at the moment and predicted to be hitting 2.00 at least soon!

 

I used to go to Currencies Direct, but I found that the HSBC were offering a Yen rate that was virtually as keen (typically within ¥2; say ¥198.5 when the exchange rate was quoted as ¥200:£1) and they were happy to deal in small amounts, whereas CD were trading in £10,000 blocks. For larger amounts the HSB book a market rate too.....

Simon

 

I've exchanged £ for € quite a few times, the High Street travel agents fell over themselves to offer me a decent rate once they knew I had over £1000, and when I changed over £10000, they were visibly drooling. You just play one off against another.

I've exchanged as much as £40000 in cash, and never been involved with SB, so don't worry.

Alcazar

 

Changing large amounts of money would probably result in the National Criminal Intelligence Service being informed, so you may have been more involved with the authorities than you suspect

 

See that black tinted range rover outside your house alcazar??? Its the feds!

Thanks. Will see what I can get by playing them against one another.

 

If you change over £5k HMCE will have a record of it, if you change over £10k you will be flagged to them and they would definetly be informed if you changed £40k in cash but why would you want to

Easy way:

1. Phone dealer and get rate ask them to book money
2. transfer money to pay dealer
3. Dealer transfers US$ to my dollar account