Talk Quesada forum

Hi
Has anyone had any dealings with money coup following
the proceeds of house sale
Good or bad reviews

I have an account with Wise
My lawyer deals with Money Coup and are recommended
them to me

Obviously we want the best deal possible

We used Moneycorp for quite some time to send regular payments across from UK. It was always a good rate (better than doing it from the bank) and very quick.

Not done it the other way, though.
They did have a website where you could enter the amount to send and see what rate they are offering you. Don't know if that is still going.

Thank you very much
I looked on line but couldn’t find any rates
Probably need to search a bit more

Download the Moneycorp app, that allows you to see exchange rates etc;

Hi
I have downloaded the app
The reviews are very poor regarding the app
Still not much information on commission rates

There’s no added commission, it’s built into the rate! The rate you see is exactly what you get. Used them when buying our house after being let down by the idiots at Currencies Direct. Had excellent service from Moneycorp.

You don't say which way you are sending the funds or what other accounts are involved, but if you have a Wise account why wouldn't you just use that? I'd be very surprised if it cost you more and the rates and fees are transparent on the app.

If you look on COMPARE on the Wise site it will compare the rates of most of the others and they are always a better deal than Moneycorp your legal team get commission for getting you to use Moneycorp

Thank you all for your replies
I have never used moneycorp it was put to me by my lawyer

I will probably stick with Wise when the time comes
Thanks again

jpeg wrote:If you look on COMPARE on the Wise site it will compare the rates of most of the others and they are always a better deal than Moneycorp your legal team get commission for getting you to use Moneycorp

That’s not quite correct Fred. I have both a Wise account and a Moneycorp account. When you do a currency conversion, the NET sum you receive into your bank is always marginally better with Moneycorp than with Wise.

However, with MC having a UK IBAN number, the receiving Spanish bank will very likely levy a charge for receiving the transfer.

Wise show you all the costs separately and Moneycorp just build them into the exchange rate you get. The difference is pretty insignificant unless you are changing thousands and of course, bank charges for using MC to receive funds will cost you more than Wise.