Is WeSwap Really Up To 90% Cheaper Than Other Currency Exchange Services?

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 - we checked these rates on competitor websites, TravelMoneyMax and over the phone on 5th May 2017.

  £ - € Rate % over interbank Advertised fees  You get Difference
WeSwap 1.179 1% 1% € 1,168.00  
Travelex Heathrow 1.065 10.70% 0% € 1,065.00 -€ 103.00
Natwest Bank 1.126 4.70% 0% € 1,126.00 -€ 42.00
Marks & Spencer  1.149 2.61% 0% € 1,149.00 -€ 19.00
Post office (online) 1.153 2.25% 0% € 1,153.00 -€ 15.00
Tesco Online 1.152 2.30% 0% € 1,152.30 -€ 15.70
Travelex Collection 1.148 2.62% 0% € 1,148.20 -€ 19.80

Rates checked 05.05.2017 14:00, looking at £1000 - €. The interbank was: 1.17931. Rates were those quoted online at MoneySavingExpert.com and 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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