Buying euros

[MrJuice]

I bank with Lloyds

I need to buy approx 25k euros fairly soon.

What's the best way to buy? I won't be paying in cash. I'll be using bank transfer or debit card

[grumbas]

Use one of the many FX brokers, I use Caxton but I'm not sure their rates are quite as sharp as these days.

There's also HiFx, one thats owned by Paypal which has been promoted heavily (and rates looked good), and many others I can't think of right now.

[grumbas]

TransferWise is the one I was thinking of, owned by Skype not PayPal.

Rate looks very close to interbank.

[22s]

grumbas said:

TransferWise is the one I was thinking of, owned by Skype not PayPal.

Rate looks very close to interbank.

Good idea. I've used TransferWise twice now. It's very cheap (they claim exchange at interbank, plus a small commission on top), you can pay on Debit card, and even if you don't have the other person's bank details, they will be sent a link and can enter the details at the other end themselves. Very impressed.