1 Pound = 2+ Dollars - how much higher?

186.9 at Thomas Cook today by being a vip customer. or just going to there site and printing a page

Travelex offering $1.8733 at the moment

$1.93 with HIFX, which is similar set up as Xetrade, once you have set up your account it is very straight forward.

Karen

<blockquote id="quote" class="ffs">quote:Originally posted by tezz7628
<blockquote id="quote" class="ffs">quote:Originally posted by MTP
It works very well, but you need a US Dollar account to deposit the funds into to use it.
[/quote]

stage one ticked

no hang on a minute, are you saying a us bank account e.g. any bodies name, or are you saying it's got to be your own account
[/quote]

No, the account you are paying into doesn't need to be your own and you can also do transactions on behalf of third parties, but to open an account, add bank accounts, add third parties to your XE Trade account then you do need to print out forms and fax them for confirmation.

We have used XE Trade for making payments to USA, Canada, Holland, China, Taiwan all successfully. It is a little nerve wracking sending the money off into the ether, but so far it has worked for us. The XE Trade customer support team are also quite proficient (both by e-mail and phone), in my experience.

To give a comparison I have just done a quote with both XE Trade and M&S for exchanging £1000 into US Dollars:

XE - Rate 1.90683500 Amount: 1906.84 Delivered into our US Account
M&S - Rate 1.867 Amount: 1867.00 Delivered cash to your chosen address free of charge (if over £500 - but would be a little worrying for large sums of money - apparently they have a delivery success rate of 98%, but it doesn't state how they quantified success).

For the casual tourist $40-ish dollars isn't too big a deal, but then again it is a good meal out for the family.

With online banking you can use XE Trade without incurring any bank fees, except if they need to wire the funds and then it is usually about £5.00. Once you have it all up and running then it works well and when adding a new bank account I usually send a nominal sum initially, to confirm that all the details are working, before sending a large sum.

hi dont know if any of you have a Bath Travel agents near you but i just got 1.898 when i exchanged £1000 today..not bad
Carrie

Carrie, that is probably because the rate today is up to 1.944

The Dollar rate does seem to be creeping up slowly. Which is good as we have to buy some in the next 2 weeks [clap][clap]

Closed at $1.952.[msnsmile2]

silly question but does the dollar rate etc change during the day or is it just one rate for the whole day, also Paul mentioned that it closed at 1.95, when i checked later with M&S etc it wasnt that high.
is there a secrewt place toi buy dollars.
when i bought yesterday from bath travel they were prepared to gove me a little more if i bought more

M&S always give a rate a few cents under the actual rate I assume to make money on it even though it is 'comission free'.

It does change during the day and is currently dipping a bit below yesterdays closing figure.
If it continues I think I will pop over to M&S today and get the rate which will be based on last nights closing rate.

You can keep up a 'dollar watch' at http://finance.yahoo.com/currency/co...USD&amt=1&t=1d