Here are the 10 most important steps to familiarise yourself with before you proceed with a currency exchange.

In this course, we will cover:

• Using a currency broker to get the best exchange rate
• Knowing how to compare exchange rates
• Use a currency forward to lock in the exchange rate
• Learn how you are charged for large currency transfers
• Timing the transaction right
• Ask questions and get advice
• Why you have to tell your bank
• What if you are receiving currency?
• Make use of online currency transfer platforms
• Be prepared and planning ahead
• Make sure you have chosen the best account for you