FOREIGN EXCHANGE

Foreign Currency Exchange - Best FX Rates for Euro, US Dollar and all Currencies

When buying foreign currency for any purpose, the traditional route is through high street banks.

Usually this means suffering poor exchange rates and there are often fees incurred for buying and even transferring money.

However there is a far cheaper option - using a specialist foreign exchange bank.

Commission Free Foreign Currency

The Foreign Exchange banks are based in the UK and regulated in the UK, and are able to buy their foreign currency at interbank spot rates and generally sell it back at only a small margin.

These foreign exchange banks charge no commission and generally no fee (unless you are buying under a certain amount - usually around £2,000 or so.)

Buy Property Abroad or Emigrating?

Foreign Currency specialist banks can be very useful when buying property abroad - perhaps a holiday home in Spain or France.

Perhaps you are emigrating and need to move all your funds abroad. Going to these banks will save you a lot of money because of the exceptional forex rates and no fee structure.

Make International Payments and Transfer Money Overseas

If you are buying something substantial abroad such as a car or a yacht, or making an international payment of any kind that requires a different currency.

You should also save yourself money by taking advantage of these rates - you can usually open an account and if the are funds are at hand can even make a transaction within 24 hours.

Compare Foreign Exchange Banks

You can compare the foreign exchange specialist banks and see which suits you and importantly who has the best margin on currency purchase.

You will find a list of specialist banks including Hifx, Tor FX, Moneycorp, Worldwide Currencies and more.