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Best rates to transfer Sterling pounds into Euros

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Posts: 31

Fearless

Premium Member

Topic starter

Sep 19, 2021 2:10 pm

(@fearless)

Eminent Member

Joined: 5 months ago

Hello everyone!

I hope you all are enjoying your Sunday in Portugal. Raining in London and I love it.

I hope someone can give me some good advice on rates transferring a few Sterling Pounds into Euros to a Spanish bank. At the moment I haven't got a Portuguese account yet. Thank you.

Wish you all a wonderful Sunday in Portugal surrounded by family/friends or just on your own with a nice glass of red Portuguese wine. I am enjoying my lazy-busy Sunday with a glass of good Italian wine.

Lots of good & positive vibes.

Thanking you all in advance for your replies.

Karin

12 Replies

Posts: 273

aspidistra

Community Member

Sep 19, 2021 2:34 pm

(@aspidistra)

Reputable Member

Joined: 6 months ago

Hi there. I have found Wise (previously Transferwise) offer the best and most transparent rates.

1 Reply

Fearless

Premium Member

(@fearless)

Joined: 5 months ago

Eminent Member

Posts: 31

Sep 20, 2021 9:25 am

Reply to

aspidistra

@aspidistra Hi. I was thinking to try Wise. Thank you.

Posts: 125

CabanasTavira

Ask Our Expats Consultant

Sep 20, 2021 6:47 am

(@cabanastavira)

Member

Joined: 2 years ago

Generally I agree with @aspidistra. However, it depends how you define 'small' amounts. For amounts >£250 (approx) WISE wins but for smaller amounts Azimo does.

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Fearless

Premium Member

(@fearless)

Joined: 5 months ago

Eminent Member

Posts: 31

Sep 20, 2021 9:30 am

Reply to

CabanasTavira

@cabanastavira Hi. Thank you for your info. I will check Azimo, I have never heard.

CabanasTavira

Ask Our Expats Consultant

(@cabanastavira)

Joined: 2 years ago

Member

Posts: 125

Sep 20, 2021 10:15 am

Reply to

Fearless

@fearless
We have used Azimo for many years as we tend to drip feed our Pt acount. For larger amounts we look at the 'market' to see who is best at the time.
Sent you a PM.

Posts: 141

Paulr

Premium Member

Sep 20, 2021 6:26 pm

(@paulr)

Estimable Member

Joined: 12 months ago

We have only moved money to PT but Spartan FX were transparent in there dealings and got the best rate They go the extra mile to be helpful. Small company with little overheads but fully secure.

This post was modified 4 months ago by astridff

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aspidistra

Community Member

(@aspidistra)

Joined: 6 months ago

Reputable Member

Posts: 273

Sep 20, 2021 8:33 pm

Reply to

Paulr

@paulr they have a minimum transfer of £3000 I believe

astridff

Admin

(@astridff)

Joined: 2 years ago

Active Member

Posts: 404

Sep 30, 2021 1:32 pm

Reply to

aspidistra

@aspidistra no minimum transfer from Spartan. I used them to transfer money for a small holiday and way less than that.

Paulr

Premium Member

(@paulr)

Joined: 12 months ago

Estimable Member

Posts: 141

Sep 30, 2021 4:17 pm

Reply to

aspidistra

@aspidistra Not sure thats the case, but only sent large amounts using their services.

Posts: 404

astridff

Admin

Sep 30, 2021 1:37 pm

(@astridff)

Active Member

Joined: 2 years ago

The team at Expats Portugal are please to announce that we have nominated Spartan FX as our offical partner and preferred money exchange company because of the amazing reviews and feedback we are getting from our community.

Both Sarah and Ben from Spartan have also been kind enough to donate their time to Good Morning Portugal as well as our webinars to share valuable information about sending money abroad with our audience.

Thank you

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