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Currency conversion when buying house abroad

Hi,

My uncle wants to buy a house in France (Normandy) and he has the money to do it in his English bank account. Is there any way / services that will let him transfer a large amount of Sterling in to Euros without paying the sort of fees the banks usually charge? He obviously expects to pay a fee for the transfer, but was hoping because it's quite a chunk of money he'd be able to get a discount of some kind.

Any advice or pointers to info gratefully received and I'll pass them on to him.

Cheers

Paul

Reply to
paulsilver
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It's a FAQ search the archive via Google Groups.

Reply to
Daytona

I've been through the FAQs I can find back to late 1999 (by using the search "uk.finance.* intitle:faq" and sorting by date, I've also tried intitle:frequently asked questions) and the only info about this I can find is in the Nov 2000 'Mini FAQ' by Stephen Burke, which says it's difficult to give advice on what I'm asking about as the situation changes quite a lot.

I've also been searching on things like 'buying property abroad' and I'm currently ploughing through 'euro currency conversion' and haven't found anything looking like a FAQ yet, or anything about quite what my uncle's after, rather more about changing between currencies for investment.

Is this there another FAQ that I should be looking at, and any idea what it's called? Searching on 'FAQ' doesn't seem to be helping.

Thanks

Paul

Reply to
paulsilver

but that's not what you're after, at it's simplest you want to transfer money so type in transfer money or any similar words eg exchange currency. There's loads of posts which name brokers.

Daytona

Reply to
Daytona

Speak to your bank and ask what kind of a deal they can offer. Contact specialist forex dealers like

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and
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and compare costs.

Alec

Reply to
Alec

This link is a bit old now, but might still have some relevance (watch the wrap)

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Reply to
Colin Wilson

Thanks for everyone's replies. I'm going through the links, and Daytona's searches (which are obvious now I see them, sorry about being a bit thick on that.)

Cheers

Paul

Reply to
paulsilver

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