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 | 1.1544 | € 1,154.43 | |
| 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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