In a word - yes. With WeSwap, people swap currency at the real mid-market exchange rate (the one you see quoted on Google and websites like xe.com), and we charge as little as 1%.
With banks and bureaux charging anything up to 11% (and sometimes even more than that), that's up to 90% cheaper.
See below for a recent comparison:
| £ - € Rate | You get | Difference | |
| WeSwap | 1.128 | € 1,128.00 | |
| Travelex Collection | 1.115 | € 1,115.00 | -€ 13.00 |
| Natwest Bank | 1.089 | € 1,089.00 | -€ 39.00 |
| Marks & Spencer | 1.109 | € 1,109.00 | -€ 19.00 |
| FairFX | 1.115 | € 1,115.00 | -€ 13.00 |
| Post office (online) | 1.119 | € 1,119.00 | -€ 9.00 |
| Tesco Online | 1.122 | € 1,122.00 | -€ 6.00 |
Rates checked 04.06.2018 at 9:23. £1000 – EUR. Rates were those quoted on the respective provider websites, at MoneySavingExpert.com, or over the phone.
What’s more, if you join us and bring 5 new friends to WeSwap then you can swap completely free, at the pure mid-market exchange rate, for life. That's people power.
Feel free to check out all our fees and limits here if you like.
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