How to Get the Best Foreign Exchange Rates

28 June 2011 - Which Way To Pay

Email Article Print Article
    


How to Get the Best Foreign Exchange Rates


Moving money from A to B is so easy you can do it in your sleep if A and B are both within Australia.  But what happens if you want to send money to another country? 

Getting the best foreign exchange rates is vital when sending money to an overseas bank account which is why it is important to know where to get them from!  Many people automatically go downtown to their regular bank, but this is by no means the most cost-effective way to go! 

Traditional banks charge terrible exchange rates (a widely accepted fact), the transfer speeds are often slow, and you may be charged fees and commission in addition to the transfer. 

To get the best rates, start by figuring out the following essentials:

- How much do I need to send?

- Which country am I sending to?

 

If you need to send several thousand dollars, a foreign exchange broker is the cheapest and best way to go.  They can offer a far better service than the regular bank, including:

- Unbeatably good exchange rates

- One-to-one service (your own broker on call or email)

- NO commission and NO fees

- Instant transfers available

- Bank-to-bank transfers to almost anywhere in the world

 

Need to send a smaller transfer amount?  Then head for the Money Transfers section on our site.  The companies listed here are also able to offer exceedingly good exchange rates and an overall high quality service for free


 

75x75_news_02.jpg
 

PRODUCT RANGES:

CURRENCY EXCHANGE
Compare Foreign Exchange and Currency >>

INVESTMENT TRADING
Compare Investment and Trading >>

LOAN PRODUCTS
Compare Loan and Debt Products >>

CARD PRODUCTS
Compare Cards Products >>

MONEY PRODUCTS
Compare Money Products >>

Starting to worry about the cost of student life . Look no further a Student credit card is your answer.
31 August 2018
Which Way To Pay
Student credit cards. When starting your student life it can be a worry over the financial side of things
Read More >>
Getting stung with large veterinary bills can prove to be a struggle . That's why Pet Insurance cover is so important.
30 August 2016
Which Way To Pay
Making sure all our family's favourite pets are covered on a insurance plan is very important.
Read More >>
Legal Services are a very scary words , make sure your dealing with things correctly .
16 July 2015
Which Way To Pay
s we all know when dealing with anything legal it can always be a little bit daunting . This is why many people across Australia use some form of Legal Service guidance. This helps to make sure all those legal requirements are dealt with in the correct way.
Read More >>