When needing to transfer large amounts of funds overseas the value of currency you receive will be determined by the exchange rate you get. Sounds obvious? Well everyday tens of thousands of people (if not significantly more) literally throw money down the drain and use a bank for their currency exchange.
Even though the bank seems the ‘best’ place to go since that is where you keep your money it is in a very high majority of cases the worst. When needing to transfer large sums of money you should speak to a currency broker. We offer commercial rateas of exchange and can beat the banks by up to 4%, sometimes more. Does 4% not sound like much? Well if you were buying £500,000 worth of Euros, a 4% difference is £20,000. Sounds like much yet?
So how do we do it? We buy and sell huge volumes of currency and we source commercial rates of exchange. We can then pass those savings on to the client. It is literally that simple. We don’t do Pet Insurance, we don’t do Mortgage Finance. We do 100% currency brokering pure and simple!
In my years of working on the markets I have never known so much volatility on exchange rates. I personally feel for anyone making large currency transfers at present because the markets are all over the place. Understanding what is driving the markets is the key to understanding what may happen and for each of my clients I, where necessary make sure they understand all the ins and outs of how to transfer funds safely, securely and at commercial rates of exchange.
If you have any currency transfers why not find out for free at 100% no obligation how we work and how we can achieve all of the above for you by filling in the enquiry form on the right hand side of this page.
All of the authors on this site are senior currency brokers with years and years of experience underneath them, working for a FSA regulated company authorised as a payments institute so you can have the peace of mind that you are dealing with the best, we also pride ourselves on customer service so not only do you get a great rate of exchange but fantastic levels of service as well.
Contact me directly [email protected] and I will be more than happy to assist you.