maximising return on converting USD to Euro cheque

newseeker1

Registered User
Messages
206
Hi
Im in receipt of USD cheque in near future
Im wondering how I can maximise the return I get on this when I go to exchange it from USD to Euro's

Aside from the banks are there any other organisations/companies that provide currency conversions services that offer better exchange return and wouldn't charge big commission on transaction

Probably not - but just posting as a long shot
Thanks
 
You might get more of a response in the Banking thread.

The USD value of the cheque will influence whether it is worth your while to shop around, or not. For example, if USD 1000, is it worth your effort shopping around to save 0.5% ? For USD 100,000, it may be but rates on such amounts are not those given over the counter.

All FX conversion services are commercial and will charge you a commission, either up front or buried in the exchange rate. They're not registered charities :p.
 
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