Currency Exchange made simple

Foreign exchange specialists transfer money for everyone

Currency Exchange made simple

Whether you need to transfer money for your business or want to send money privately to another country – a foreign exchange specialist can do this for you safely and quickly.

There are is a number of reasons why private individuals might need a foreign exchange broker. It could be the purchase of goods like a car or buying property abroad, maybe moving into another country – whatever one is looking for, a foreign exchange specialist can offer far better exchange rates than a bank.

Better exchange rates with foreign exchange brokers

Because banks have larger overheads and don’t specialize in foreign exchange there will be additional charges. Foreign exchange specialists also can offer rates, which are close to the interbank rate and therefore save your money.

In addition, foreign exchange brokers don’t ask for commission fees and for no or very little transfer fees.

Efficient protection against fluctuating currency markets

If one has to transfer large sums of money into another country, or has to organize regular payments abroad, foreign exchange brokers can help you to save a lot of money by methods to protect yourself against the ever changing rates. You can, for example, instruct them to transfer money on a future date at today“ exchange rate.

Foreign exchange services for your business

Many businesses rely on foreign exchange, and it is crucial to them to benefit from the expertise of foreign exchange specialists because for large sums of money only a tiny fluctuation in the rates can make a huge difference. This is why your business will get a tailor-made service from foreign exchange brokers and this will add to the value of your firm.

A number of options are available which can protect a business of currency fluctuations. So-called hedging options are available to minimize any risk. Another benefit of the services of a foreign exchange broker is that the services can be accessed round the clock.

Sending small amounts of money abroad

If you want to send small amounts of money online quickly and safely to family and friends you can do this very easily with money transfer companies. They can as well get rates close to the interbank rate and save your money with better exchange rates then banks will be able to offer. Money transfer companies offer a personalized service and will advise you and help to find the best solution for your individual requirements.

Money and travelling abroad

If you plan a holiday abroad it is advisable to plan ahead how you are going to spend money during your trip. Changing cash at airports involves commission fees and charges which can be avoided if one is planning in time. Travel money companies can take your orders for currency online or over the phone and will deliver your cash straight to your home.

Another way to spend money abroad, whether for business or on private holidays, is using your debit or credit card, but this will include charges. A better way is to apply for a travel money card. A travel money card works similar to a prepaid card – you put money on to it and use it exactly like any other credit card. The benefit of a travel card is that you can put just your travel budget onto it and this way are protected against overspending when travelling. It is very secure as it comes with chip and pin and you can reuse it whenever you want to travel again.

Another way to take money with you on your journey is to buy traveller“s cheques. They are not very common any more, but people still like them for their security – if they are stolen the issuer will replace them.

Whatever your currency exchange needs are, you will find the best services, specialists and experts on a good and independent financial website, like www.whichwaytopay.com. Here you can compare the different companies and in a few steps apply for an account and start transferring, paying, buying currency and more immediately.

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