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.
In our guide to comparing exchange rates, I will explain how to get the best exchange rate when you convert one currency to another and then send it abroad. I’ve been in the industry for 20 years and have been both a currency broker and a customer sending money abroad. Here are my inside tips
How to get the best exchange rate from a currency broker in 2026 Read More »
A reader asked: I want to send US dollars from a sterling bank account. How do I get to the best rate when transferring a large amount of pound sterling to a U.S. dollar account? When it comes to finding the best deal on sending currency, as with most things, it is a good idea
How do I get the best rate on a GBPUSD transfer? Read More »
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
5 ways to hedge your currency exposure and where you can do it Read More »
Currency cards are debit card-style payment cards designed to be used while you are on holiday or travelling outside the UK to pay for goods and services, usually anywhere you see the Visa or Mastercard symbol. Best Currency Card Exchange Rates Compared & Reviewed How do currency cards differ? Some currency cards are provided by
Best Currency Cards For Spending Money Abroad Read More »
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
The FCA aims to increase transparency on international money transfer quotes Read More »
A reader asks: I have moved from the UK to be part of the greater EU. I have Residency in Estonia. I have sold my house in England, the money sits in my UK savings account. What is the best most efficient way to transfer to my GB£ to my local Euro bank account? Transfer
What is the best way of transferring a large amount of £ to euros to Estonia? Read More »
A reader has asked: I have moved from the UK to be part of the greater EU. I have Residency in Estonia. I have sold my house in England, the money sits in my UK savings account. What is the best most efficient way to transfer to my GB£ to my local Euro bank account?
What’s the best way of transferring a large amount of £ to euros to Estonia? Read More »
Revolut is changing its weekend FX fee schedule a move that’s good news for some customers, but not for others. In a move that could shake up weekend currency conversion services, leading fintech Revolut has unveiled a new fee structure, that significantly reduces FX costs for its premium customers. The changes, which take effect from
Revolut reduces the cost of weekend foreign exchange fees Read More »
E-Money Markets, a new white label foreign exchange (FX) platform led by sector veteran Harry Geller, has attracted £700,000 in pre-seed funding. The funding round for the start-up was led by CH-1 Investment Group and other angel investors. Targeting small and medium sized businesses (SMEs), E-Money Markets is integrating FX and payment APIs into a
FX veteran Harry Geller’s E-Money Markets gets £700,000 in funding Read More »
If you are looking to buy Canadian Dollars (CAD) you are best off using a safe and established currency broker which offers a fair exchange rate, regardless of how Canada’s trade tussle with the US will turn out. Ideally, the currency exchange service you use should stick to the midmarket or interbank rate – the
How to buy Canadian Dollars (CAD) Read More »