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.
Chances are if you are a CFO and do any sort of international business, or even if you don’t, you will have received at some point a cold call from a currency broker offering to reduce the costs of your foreign exchange. It’s a bit old school, but despite the advances of AI cold email
What to do if you are cold called by a currency broker? Read More »
A reader has asked: Do currency brokers give better exchange rates? The quick answer here is yes they do. It is possible to save a huge amount of money on foreign exchange and international money transfers by using a currency broker. But there are a few things you need to watch out for. Currency brokers
Do currency brokers give better exchange rates than banks in 2026? Read More »
The key difference between the two is that a currency broker help you send large amounts of money abroad and a forex broker is for speculating on FX exchange rates. When you search the web it is littered with adverts for all types of FX services. Forex is one of the most heavily traded markets
What’s the difference between a Forex broker and a Currency broker? Read More »
The G10 currencies are the top ten most popular traded and liquid traded currencies across the world. In this guide, you can see the G10 currencies in order as well as cross rates with the price of each FX pair against the other. We also explain the three different ways to trade and transfer G10
What are the G10 Currencies in 2026? Read More »
If you want a bank account where you can hold lots of different currencies, you need a multi-currency account, but what are the cheapest? We have compared the best multi-currency accounts that accept deposits in euros or dollars and give the best exchange rates. Multi-Currency Account Exchange Rates Compared *Starling is not currently opening new
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You should use a currency broker for large money transfers in 2026 instead of your bank because you will get better exchange rates, personal service and have the option to lock in current exchange rates for up to one year in advance using a currency forward. Banks have a bad reputation when it comes to
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A reader asks: I live in the UK and want to open a normal current account in Euros. I want a debit card and no monthly charges for the pleasure of having an account. Any ideas? You’re not alone. There are more people than ever looking to have the convenience of a euro account, but
What are the best free Euro bank accounts in the UK? Read More »
If you have a large amount of money you need to send abroad this step-by-step guide will explain the process, the costs, and the risks so you can make an informed decision on the best way to send and receive your money. I’ve been involved in large currency transfers for about twenty years. As both
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A user has asked: If I want to hold a large Euro sum before transferring to GBP what is the best way to manage this? A Euro bank account in an established bank? If so any thoughts on best bank? The main thing to consider here is what’s “called counter-party risk”. That being is the
What to do with a large amount of Euros before converting it to GBP? Read More »
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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