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Top Tips For Your Currency Exchange

Here are 8 quick and easy tips to maximise your foreign currency total, when you transfer money abroad

As you can imagine, we get asked many different questions by clients hoping to improve their currency exchange. With this in mind, we have put together some top tips to give you a useful insight into how to best execute your currency transfer.

1. Don’t leave it to the last minute

Talk to a specialist currency broker as soon as you know you are going to purchase currency. That way you will have time to secure a fantastic exchange rate.

2. Set a realistic budget based on the current market

Your currency dealer should explain to you what is happening and the general direction of exchange rates.

3. Don’t get greedy

If your target exchange rate is available, consider taking it. Otherwise you could lose out.

4. Set up a forward contract

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

5. Try to avoid purchasing currency at the low of the day

The difference can be significant and your currency dealer can help you with this.

6. Look on websites like bbc.co.uk and yahoo.co.uk

This can help you find out what the interbank exchange rate is, and also what is influencing the market.

7. Always get confirmation from your currency dealer that your monies have been sent

8. Finally, think carefully if considering using a bank

Typically using a bank could cost you a significant amount more and they may not offer the same level of service.

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Why Us

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.

Established in 2006

Since then, 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
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