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Exchange Rate Updates

When Is The Best Time To Buy Euros?

In December 2010, there was a major run on the Euro by hedge fund managers – led by the notorious George Saros. The economic problems of the PIIGS countries (Portugal, Italy, Ireland, Greece and Spain) was the root cause. The end result was that investors began selling their Euros at a record rate – aided …

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When Forward Thinking Means Looking At The Past

When Forward Thinking Means Looking At The Past People often hold off making international money transfers, as they are constantly trying to get the best deal on the foreign exchange market. However, whether you’re buying dollars or selling Eu

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How Does The Interbank Exchange Rate Affect International Wire Transfers?

How Does The Interbank Exchange Rate Affect International Wire Transfers? Foreign exchange services like us at Pure FX always advise people to check the interbank exchange rate (IER), to see what’s happening on the currency exchange market, be

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Realistic budgets

Set a realistic budget based on the current market. Your Currency Dealer should explain to you what is happening and the general direction of foreign exchange rates.

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Don’t leave it to the last minute

Don’t leave it to the last minute. Talk to a specialist currency broker as soon as you know you are going to need to purchase foreign currency. That way you will have time to secure the best exchange rate.

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Dedicated currrency dealer

Deal with a company where you get a dedicated Currency Dealer. You will build a rapport with them and obtain a better service.

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Some companies charge commission so find out up front what their costs are and whether you will be charged commission on money transfers.

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Don’t get greedy

Don’t get greedy, if your target exchange rate is available take it otherwise you could lose out.

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Forward contracts

If you have future payments to make, and your target rate is available secure your exchange rate with a forward contract.

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Low of the day

Try to avoid purchasing foreign currency at the low of the day, the difference can be significant and your Currency Dealer should help you with this.

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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