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|
|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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