I have been using Currencyfair.com (using this link will give you the first transaction free, no need of a coupon)
for a while and so I decided that will be good to write a small review for you and to leave the comments open so you can share your idea on the system.
The fees in Currencyfair are definitely the strong side. Because is a marketplace, so the exchange rates are set by its users. It is a peer to peer exchange rate so, usually, rates are more competitive than the one that banks offer. So you usually your fees are in between 0% to 0.5%, plus a fixed €3. Other banks charge something from 20€ to 40€ and crazy exchange rates (+-2% of the market).
The site is secure (Uses HTTPS and JAVA), the company has offices in three nations (IRELAND, UK and Australia) and it is regulated by the Central Bank of Ireland. So it’s safe as any other bank in Ireland.
Spot on! 🙂 They are a friendly and very efficient company. I got replied to my mail in few hours.
So, if you have some money to move to UK, USA, Australia, UAE or wherever give a try to Currencyfair…and the first transaction fee is on them (yep, it’s free!) thanks to this coupon. (Just click the link, you don’t need promo code!)