[ErwinT]

Dear all, xe.com uses a service where you can transfer funds from one country to another at the rate which is set at exactly the moment you give the order. After you have given the order you have several days to transfer the money to them and they will transfer it to the bank account you gave them, at the exchange rate of the time when you gave the order. It even costs very little.

With a fluctuating currency like the NZ$ it can be handy to say "transfer NOW", without having to worry the transfer will be done in a few days when the rate might have gone up again.

However, their web site looks very promising and all that, and they DO have exchange rates rates accurate up to the minute, but when i'm going to transfer a lot (20,000 Euros or something) of cash i want to know if it's not going to vanish into thin air.

Does anyone have any experience with xe.com transferring money?

[Lil]

I used XE without any problems at all. It is, as you say, a fabulous service in that you can play around with trades for ages before committing to anything. The rates are in real-time so go up and down by the minute. It takes a bit of effort to set up your account in the first instance, with all the security issues, but once that's done you can do as many trades as you like.

Highly recommended.