Looking for decent exchange rate?

[wifey]

Has anyone used www.crowncurrencyexchange.com? Found this site today and the rate for USDollars travellers cheques seems very good , even better if you want to receive them at a later date, Just wondered if they are a reliable and professional company

 

[mkingdon]

I don't know them, but I see this site does the same thing but at a better rate (for august anyway). 1.8908 looks good to me!!

Craig

 

[LorraineH]

I ordered from CCE this week. For delivery in October at 1.9.

I dont know whether I've done the right thing! I've received a contract notice confirming the order, but I did actually ask when I ordered "what happens to my money if your company folds between now and October?" and my reply was "there is NO security".

Being the mad fool that I am, I went ahead and ordered!!!

Fingers crossed I havent just lost £525!!!!!!!!!


Roll on 2nd October - my delivery date!!!!!!!

 

[Netty]

have a look here

http://www.comparetravelmoney.co.uk/

 

[mrs-mac]

We used Crown currency and l was like yourselves a bit worried, especially when their invoice states 'money laundering' on the bottom But thankfully they came through and our money was delivered on the day promised and there were no problems! Its a worrying time when you give someone your hard earned cash especially when they arent a well known company.

Hope this helps you a little

 

[musketeer]

I've used them i was worried to especially when you give them your money and then wait for them to send it through, it's sent by special delivery and should arrive on the date that they say mine did with no problems.
To be honest i'd probably not do this again as i'm one of those people who like to have the money in my hand.

 

[wilma-bride]

I've said it before and I'll say it again, you need to work out how much you would earn in interest if you saved the money in the bank/building society until you need the dollars and then exchanged them at a (potentially lower rate).

The other thing to consider is that the rate may go up (OK so it's unlikely that the rate would be better than 1.89 come August but it's still a risk) and they will still only give you the rate you 'agreed'.

The last thing to think about is what happens if this company goes bust? You have parted with your money and you have nothing to show for it. Regardless fo whether people have successfully used them in the past, there are NO GUARANTEES!

 

[Miffy2003]

The last thing to think about is what happens if this company goes bust? You have parted with your money and you have nothing to show for it. Regardless fo whether people have successfully used them in the past, there are NO GUARANTEES!

That would absolutely be my concern - to me the potential risk far outweighs the extra 5c or whatever per £1 you get.