I had checked the spot rate before making the USD to EUR transfer and the money that I got in my bank account was actually higher than the result given at that day’s spot rate, so I ended up making a slight profit of a few euros on the exchange. The most important thing however ...
However, there are a few catches. Firstly, you’ll only have a choice of these currencies - euros, US dollars, UK pounds, South African rands, Australian dollars, Canadian dollars and New Zealand dollars.² Secondly, there are some fees. You’ll pay £1.50 or the currency equivalent to...