Always use a reputable exchange bureau and if anyone is offering you a higher rate than stated read the small print first as normally you will only get the higher rate if changing large quantities of money ie 2,000€. See this page for exchange places to avoid
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Pound sterling hits one-year high but rally could prove short-lived, say experts
The pound has topped $1.34 against the dollar for the first time in a year, emboldened by a strong hint from the Bank of England that it will raise interest rates sooner than previously expected, but the rally could prove short-lived. read more here in the INDEPENDANT
International Transfers (UK >< Spain)
For transfers from a UK Bank Account to a Spanish Bank Account we recommend using transfer wise, they are the best service we have found, secure transfers, easy to use and saves you on average £25 per transfer of £1000 ,versus your bank. .
You can use your debit card or bank account to start the process, they guarantee the rate shown for 24hrs.
How low will the rate drop? will it become 1 – 1? leave us your opinions below
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