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Online kantory in Poland


berni23 7 | 379
21 Nov 2012  #1
Obviously normal kantors are a ripoff and exchanging money in the bank is downright stupid.
While researching alternate possibilities, i stumbled upon online kantory like:

cinkciarz.pl

Has anybody used them?
Are there any hidden costs?
Are there other ways to exchange Euros that arent a complete robbery?
delphiandomine 83 | 17,625
21 Nov 2012  #2
Obviously normal kantors are a ripoff

Ever tried negotiating with them? They will normally negotiate very very well on amounts over 100 Euro.

For serious amounts (ie, at least 20k) - you can ask the bank to negotiate. Most banks will have specialist units that can offer competitive rates - the best I've seen from BZWBK was a margin of just 0.075gr on the interbank Euro rate.
Harry
21 Nov 2012  #3
Obviously normal kantors are a ripoff and exchanging money in the bank is downright stupid.

Normal kantors are most certainly not a rip-off (although kantors at airports and five-star usually are).

My kantor of choice is offering:
USA 321,50 323,50 100 USD
EURO 412 414 100 EUR
W.BRYTANIA 511 515 100 GBP
SZWAJCARIA 343 346 100 CHF

Conti
Al. Jana Pawa II 46/48
conti.waw.pl/cennik.html
OP berni23 7 | 379
21 Nov 2012  #4
BZWBK was a margin of just 0.075gr on the interbank Euro rate.

My kantor of choice is offering:
EURO 412

:o :o :o WOW
In Szczecin the situation is a bit different. :(
quantor.pl/kantory/szczecin.html

And yes i have negotiated in both for serious amounts, but was never able to come close to what you guys get.
InWroclaw 89 | 1,915
21 Nov 2012  #5
W.BRYTANIA 511 515 100 GBP

That's pretty amazing - your kantor is buying GBP for 5.11zł? Best here locally today is 4.98 or maybe up to 5.05 if you sell them over 500zł

Ever tried negotiating with them? They will normally negotiate very very well on amounts over 100 Euro. For serious amounts (ie, at least 20k) - you can ask the bank to negotiate. Most banks will have specialist units that can offer competitive rates - the best I've seen from BZWBK was a margin of just 0.075gr on the interbank Euro rate.

Good advice. Haggle!
delphiandomine 83 | 17,625
21 Nov 2012  #6
In Szczecin the situation is a bit different. :(

Well - the rate I'm quoting was for a serious amount of cash (several transactions of well over 25K EUR) - but it shows that it's doable. You should get within 2gr of the interbank rate easily enough in Poland without much negotiation at all.
InWroclaw 89 | 1,915
21 Nov 2012  #7
Best here locally today is 4.98 or maybe up to 5.05 if you sell them over 500zł

Sorry that should read if you sell them over GBP100

These people usually have among the best rates for smaller amounts in Wroc
centkantor.pl

Their rates today
EUR
Euro
Skup: 4,0000 zł
Sprzedaż: 4,2550 zł USD
Dolar Amerykański
Skup: 3,1200 zł
Sprzedaż: 3,3200 zł CHF
Frank Szwajcarski
Skup: 3,4100 zł
Sprzedaż: 3,4800 zł GBP
Funt Brytyjski
Skup: 4,9800 zł
Sprzedaż: 5,2800 zł

OP berni23 7 | 379
21 Nov 2012  #8
Funt Brytyjski
Skup: 4,9800 zł
Sprzedaż: 5,2800 zł

Thats what i call a proper ripoff. :D
0,30PLN spread :o
InWroclaw 89 | 1,915
21 Nov 2012  #9
Thats what i call a proper ripoff. :D0,30PLN spread :o

Pretty much all the same here locally, if anyone knows of a better local rate for Wroc they should feel free to post it. I have a hundred quid that needs changing so am in the market. Yeah, big money!
delphiandomine 83 | 17,625
21 Nov 2012  #10
Even for a hundred quid, go to them and ask them what rate they'll give. Almost every single small one will move a little bit to get your business.

There's a shocker of a place that was/is in Dworzec Glowny there - the spread was over 1zl. But you can try any other one in the centre - I'm sure you can get it up to 5.02 without any problems.
InWroclaw 89 | 1,915
21 Nov 2012  #11
Not necessarily with them, but others do go up as you suggest, sometimes on a hundred quid and above but not on amounts that are much below that. For serious amounts of money, people can convert through specialist brokers but individuals need to be aware that if the broker goes bust then they lose their money forever, eg telegraph.co.uk/finance/currency/8138466/Police-probe-Crown-Currency-Exchange.html
bryan - | 1
26 Jan 2015  #12
Using kantor.pl currency. Fees for international transfers are 3 PLN for transactions in EUR and PLN 5 for transactions in GBP, CHF and USD regardless of the amount.
cms 9 | 1,272
26 Jan 2015  #13
Strong warning that your money is at risk with no insurance if it goes wrong. A lot of people lost serious cash two weeks ago during the swiss franc shock
Monitor 14 | 1,821
26 Jan 2015  #14
Then use walutomat.pl As long as you believe the company operating it won't go bankrupt, then you cannot loose money while exchanging it. It will only get exchanged if somebody offers exchange rate which you want.


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