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Why You Need a Dedicated Currency Broker for Overseas Money Transfers

GuidesWhy You Need a Dedicated Currency Broker for Overseas Money Transfers

Making an overseas money transfer can be a tricky business, and therefore you need everything you can get to make the process easier and more cost-effective. Currency brokers are essential parts of the process, especially if you partake in a lot of foreign trade.

A currency broker is someone who takes your money and exchanges it for the currency you require. To make an actual exchange you do not need a currency broker; however you will need one if you are not overly-familiar with how exchange rates work or if you need to make regular money transfers. Currency brokers often will hold your money for a while after they take it from you if the exchange rates at the time are not good; they will exchange it for you when the exchange rates pick up. This means you can save a substantial amount of money in the long term.

Having a dedicated currency broker is beneficial because you get to know them, which means they can advise you in a much more personal way than they would if you met with a different broker each time. Eventually, they will begin to learn about you and your business, so they will truly understand your needs and expectations from your transactions, which is very important.

At Pure FX, we can provide you with a dedicated currency exchange broker who will ensure you get the best deal possible, making the transaction more cost-effective and efficient and therefore significantly easier on you and your company.

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Why Us

FCA Authorised E-Money institution

Authorised by the UK's Financial Conduct Authority, so you can rest assured that we’re handing your money responsibly.

Exceptional Service

We have received Feefo's Gold Trusted Service Award 3 years in a row.

Same Day Transfers

We can transfer your money to your destination bank account the same day you send it, once we’ve confirmed the payment details with you.

Competitive Exchange Rates

Competitive exchange rates and transparent transfer fees, so you know exactly what you’re paying for.

Dedicated Personal Service

To guide you through the transfer process and keep you up-to-date with the changing exchange rates.

Trusted Foreign Exchange Broker

Since we were established in 2006, we've transferred money for thousands of satisfied clients.

How It Works

  • 1. Register

    for a no obligation account
  • 2. Agree the exchange rate

    with your account manager over the phone
  • 3. Send us payment

    for the transfer of your purchased currency
  • 4. We transfer the currency

    to your nominated account