![]() ![]() The difference between how much a currency is purchased and sold is the spread, which is essentially the difference between the buy and sell price.īut, when currency is sold by banks to retail customers that spread widens significantly and the profit on the transaction is therefore substantially larger. Established for over 20 years, we offer extremely competitive exchange rates with no commission and no fees.īooking Online prior to pickup is the key to getting a good rateīanks and financial institutions buy and sell currency from each other - these sizeable institutions are 'the market' and the rate they transact at is the 'market rate'. A multiple award-winning company, offering free delivery (over £700.00, no commission charges, payment by Debit Card or Bank Transfer and typically offering the best exchange rates available.ĭetermined using data on spread charges supplied byĬovent Garden FX is a family-owned and operated Bureau De Change located in the heart of Central London. Rate can only be applied to transfers in excess of £2000 equivalent.Ī specialist alternative to banks, bureau de change & the Post Office for clients seeking competitive currency exchange rates. Experts in international money transfers for business and individuals, delivering industry-beating exchange rates. ![]()
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