Depending on your point of view, there are certain advantages to travelling within an integrated Europe. One of them is being able to move across borders without having to go through the traditional exchange of foreign currency. The Euro has on the one hand removed that aspect of a country’s personality, and on the other hand has simplified trading and made cross-border tourism less of a hassle.
Brits have traditionally travelled the world, taking an average of two annual holidays abroad, working and travelling abroad – we are used to hopping between currencies. However, if you are facing the prospect of buying property, investing in business abroad or managing complex travel arrangements internationally, you can avoid the pitfalls and save money in the process by making contact with a specialist such as PureFX, where we can advise you on all aspects of foreign currency exchange or money transfer. We also offer 0% commission on foreign exchange.
Large transactions can involve large amounts of commission, and if you don’t check before using banks and other money exchange outlets, you could find yourself landed with a sizeable commission charge. Commission rates vary widely so it is always best to check up front before going ahead. Using a specialist is likely to give you access to more competitive exchange rates which can make a difference to your annual profits if you make regular money transfers.
In a climate of economic recession, when businesses are on a knife-edge and previously wealthy individuals are feeling the pinch, ensuring you are getting the best deal when trading abroad or moving foreign currency could make all the difference.