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|
|Travelex Collection||1.1250||€ 1,125.00||-€ 29.43|
|Natwest Bank||1.1007||€ 1,100.70||-€ 53.73|
|Marks & Spencer||1.1080||€ 1,108.00||-€ 46.43|
|FairFX||1.1420||€ 1,142.00||-€ 12.43|
|Post office (online)||1.1314||€ 1,131.40||-€ 23.40|
|Travelex - Heathrow Terminal 1||1.0121||€ 1,012.05||-€142.38|
Rates checked 22.03.2019 at 15:31. £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 3 new friends to WeSwap then you can swap completely free, for life. That's people power.
Feel free to check out all our fees and limits here if you like.
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