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date: Sun, 13 Jul 2008 22:18:12 +0100,    group: uk.finance        back       
Cheapest way to move currency...   
Since the Euro is very high against the Pound, I was looking taking this as
good enough a chance to be moving my savings in Euro over to the UK. We're
not talking about much, much less than the cash import restrictions of
?10,000, so can take it in cash if needs be. What's the easiest and least
costly way of moving this to an account in the UK where it can be converted
(best rate?) and paid into a Sterling bank account?

Marcus
date: Sun, 13 Jul 2008 22:18:12 +0100   author:   Marcus Fox

Re: Cheapest way to move currency...   
"Marcus Fox"  wrote in
message news:yqqdnfDoRui97OfVnZ2dnUVZ8uGdnZ2d@giganews.com...
> Since the Euro is very high against the Pound, I was looking taking this
> as
> good enough a chance to be moving my savings in Euro over to the UK. We're
> not talking about much, much less than the cash import restrictions of
> ?10,000, so can take it in cash if needs be. What's the easiest and least
> costly way

Those two things are usually mutually exclusive... :-(

> of moving this to an account in the UK where it can be converted
> (best rate?) and paid into a Sterling bank account?
>
> Marcus
>
>

Least costly:  Foot-passenger day-return on the ferry.  Withdraw the cash in
Calais.  Buy some duty-free (which pays for the crossing).  Sell the Euros
to those of your mates who are going to mainland Europe for their hols this 
summer.

Easiest:  Pay someone to do the above.

HTH

-- 
Martin
date: Sun, 13 Jul 2008 22:34:27 GMT   author:   Martin

Re: Cheapest way to move currency...   
"Martin"  wrote in message
news:Tpvek.26261$E41.18565@text.news.virginmedia.com...
>
> "Marcus Fox"  wrote in
> message news:yqqdnfDoRui97OfVnZ2dnUVZ8uGdnZ2d@giganews.com...
> > Since the Euro is very high against the Pound, I was looking taking this
> > as
> > good enough a chance to be moving my savings in Euro over to the UK.
We're
> > not talking about much, much less than the cash import restrictions of
> > ?10,000, so can take it in cash if needs be. What's the easiest and
least
> > costly way
>
> Those two things are usually mutually exclusive... :-(
>
> > of moving this to an account in the UK where it can be converted
> > (best rate?) and paid into a Sterling bank account?
> >
> > Marcus
> >
> >
>
> Least costly:  Foot-passenger day-return on the ferry.  Withdraw the cash
in
> Calais.  Buy some duty-free (which pays for the crossing).  Sell the Euros
> to those of your mates who are going to mainland Europe for their hols
this
> summer.
>
> Easiest:  Pay someone to do the above.

Thanks. But it will involve either a SWIFT type transfer, paying in a Euro
cheque to a UK bank account or conversion of cash at somewhere like M&S or
the Post Office.

Marcus
date: Wed, 16 Jul 2008 23:51:32 +0100   author:   Marcus Fox

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