Currency Transfers

Currency brokers can save you money when converting and transferring large amounts of money abroad for property purchases or business because they offer better exchange rates than banks and advice on when best to convert currency.

Money Transfer Refer a Friend Offers

Wise Offers £75 Referral Bonus as Money Transfer Firms Compete on Rewards

When I was a currency broker I set up an offer that enabled customers to get an Amazon voucher worth up to 0.1% of the value of currency they converted and sent through Berry FX. It was by far the most popular way of getting new clients to convert from prospect to customer. I think

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Natwest FX Rates

How To Receive A Large Amount Of Money From Abroad

The cheapest way to receive large amounts of money from abroad is is to use a currency broker. Follow these steps to ensure you get the best exchange rate when receiving foreign currency. Open an account with a currency broker like OFX or Currencies Direct (they will give you much better exchange rates than banks). A currency broker can receive

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Currency Hedging Strategies

5 ways to hedge your currency exposure and where you can do it

Currency hedging is a strategy used to reduce your exposure to adverse foreign exchange price moves. There are different types of currency hedging strategies that can be active or passive and include currency forward contracts, options and derivatives and are all relevant to different types of situations. In this guide, we examine a few simple

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FCA

The FCA aims to increase transparency on international money transfer quotes

The Financial Conduct Authority (FCA) has released guidance highlighting its expectations around levels of transparency from firms that offer international money transfers.  Opaque international payment quotes The FCA’s recent review of international money and cross-border payment services revealed significant discrepancies in the ways that firms disclose costs to their customers.  Now that the Consumer Duty

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