The UK consumers association Which? exists, according to Wikipedia, to promote informed consumer choice in the purchase of goods and services, by testing products, highlighting inferior products or services, raising awareness of consumer rights and offers independent advice.
Which.co.uk research earlier this year featured a table ranking 16 providers in order of competitiveness and placed CurrencyFair at the top.
The table includes eight high street banks, two further traditional providers and six challengers.
Which? found that someone exchanging £10,000 into euros could be over €400 better off using CurrencyFair compared to the least competitive bank, and €258 better off than using the most competitive bank.
CurrencyFair was also €13 better than the next most competitive challenger.
Further insights include the fact that providers make most of their money from their exchange rate margin and that CurrencyFair's is just 0.15% when automatically matched with one or more people transferring in the other direction.
Enjoy these advantages, alongside a fixed fee of just €3, by signing up today with CurrencyFair.