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Best place to exchange money in Poland?


delphiandomine  86 | 17823
21 Sep 2018   #91
I wouldn't be shocked if Transferwise goes bust spectacularly. There's a lot of questions over Estonian banking right now with the Danske Bank money laundering there, and I remember when another one went bust - Crown Currency Exchange. The rather loathesome "Money Saving Expert" Martin Lewis was heavily pushing them, and a lot of people lost cash because of that. He never once apologised for getting it wrong, as well.
jon357  73 | 23112
21 Sep 2018   #92
I wouldn't be shocked if Transferwise goes bust spectacularly

It's got a lot in common with 'multi level' scams. When you get random strangers promoting it online (including here), always but always with a link to click on that should be a warning sign. The 'referral bonus' has to be paid for somehow, and it's the customer who absorbs the cost of their marketing scheme.

I do recommend WorldFirst here, having used it myself for several years. I don't get paid for it though. No 'referral bonus', no 'fees' for doing an exchange and the cash is in a Polish bank account sometimes within minutes. It's saved me a lot of money over the years, especially when I was paid in dollars.

The rather loathesome "Money Saving Expert" Martin Lewis

I quite like him. To a point anyway.
delphiandomine  86 | 17823
23 Sep 2018   #93
When you get random strangers promoting it online (including here), always but always with a link to click on that should be a warning sign.

Yup, it was understandable in the beginning, but now it's just become a pyramid scheme. They're actually quite expensive for larger amounts, especially as in my experience, Polish banks will negotiate hard if you want to exchange large amounts of cash. I've once seen the bank offer 0.3gr over the interbank rate at that minute, which blew Transferwise out of the water.
jon357  73 | 23112
23 Sep 2018   #94
They're actually quite expensive for larger amounts

Even very. Expensive for smaller amounts too; they charge a transfer fee.

Polish banks will negotiate hard if you want to exchange large amounts of cash

For a house or apartment purchase, it's worth doing that. Kantors will also negotiate (and provide you with a security guard sometimes if it's a huge amount of cah).

I do keep banging on about it, however WorldFirst are excellent for currency exchange and transfer (and they don't pay me or give me discounts for saying this)!
Joker  2 | 2216
9 Sep 2019   #95
Expensive for smaller amounts too; they charge a transfer fee.

Hey, what s the best place in Krakow to exchange money? I know better than to use the lotnisko.
Dougpol1  29 | 2497
9 Sep 2019   #96
We've had this discussion. Revolut gets my custom.
Joker  2 | 2216
9 Sep 2019   #97
We've had this discussion.

Im not going through all these old threads, might be fun for the baboons ass but not me.lol

Revolut gets my custo

Na, this isn't what I'm looking or asked for right now.

moneyunder30.com/revolut-review-the-best-way-to-exchange-currencies

However, it does seem like a decent company.
PLN2USD
21 Oct 2023   #98
Hi,anyone know how to get the best rate to buy USD for PLN for a larger amount like 6 figures in USD.Banks want almost 20k PLN to exchange,and no Kantor that I know would do it in a bank.Thx


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