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 | You get | Difference | |
| WeSwap | 1.143 | € 1,143.00 | |
| Travelex Collection | 1.127 | € 1,127.00 | -€ 16.00 |
| Natwest Bank | 1.104 | € 1,104.00 | -€ 39.00 |
| Marks & Spencer | 1.106 | € 1,106.00 | -€ 37.00 |
| FairFX | 1.132 | € 1,132.00 | € 11.00 |
| Post office (online) | 1.13 | € 1,130.00 | -€ 13.87 |
| Tesco Online | 1.132 | € 1,132.00 | -€ 11.00 |
Rates checked 16.04.2018 11:53. £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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