Buying euro and currency exchanges
May 24, 2007
Many people buying property in France will need to change currency and buy euro. With fluctuations in sterling, dollars, Australian dollars, South African Rand and the host of other currencies, buying a property for several hundred thousand euro can be expensive enough with fees and taxes without the banks clipping a little off the edge of the currency as well.
I am not a fan of banks - in fact I have an acute distrust of the rascals, the currency exchange rates they offer are disgraceful. We don’t even have a bank account anymore and use the French Post Office service. For a currency transaction you will always get a better deal from specialists.
But look around and compare rates - I have made a page at www.nizas.com/currency With two independant currency dealers on which I have had very good reports from - if you use them please let me know as we do get a small commission and I will share this with you, or buy you a dinner, case of wine or something nice for your new home.


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