Most importantly don't rely on your bank! Currency rates are always moving against each other so you need to constantly check the
latest exchange rates and compare the best offers available from FX providers.
When you use BestExchangeRates you can see clearly which currency vendor is offering the best deal for your
International Money Transfers
& Travel Money/Cards and who is taking the smallest margin and fees to give you...
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If you end up buying your travel money on departure day without pre-ordering online you are wasting money.
Make it part of your pre-departure preparations to Order your Travel Money Online and you will
extend your travel budget by ... Read More >
There are a number of cost components to making and receiving international payments, most of which are far from transparent to customers: Currency fees Currency conversion rates :
Banks charge huge margins for currency conversion to the majority of businesses and individuals. They tend to fix rates once a day and therefore need to
incorporate... Read More >
Brokers are able to offer international money transfer services which many banks don’t provide, like forward contracts and order types. The way you chose
to manage your transfer may depend on how much you’re moving and where you’re sending the money to, but a currency broker will be able to assess your
situation and ensure you come up with the best solution.
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Foreign transfers related to overseas property purchases are typically for larger amounts at a fixed settlement date in the future.
So you should consider using one of our BER partners specialising in foreign payments who can advise you on Forward Exchange Contracts that allow you to lock in a rate for some or all of your transfer.
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By setting up a regular overseas payment with one of our BER partners, you don't have to worry about your transactions every month.
Simply set up a transfer plan that suits your needs and leave the rest to the provider. That way you know regardless of exchange rate movements you'll be getting the best possible deal each month.
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USDCAD Open ( 6:00am) 1.3334-38 Overnight Range 1.3286-1.3337 Fed rate hike intentions have reclaimed center stage after a number of FOMC members dropped broad hints that they would support an interest rate increase at the March meeting. In Asia, USDJPY was bid right out of the gate, rising from 112.77 to 113.65 at the start... View article >
The United States Dollar is today up 0.73% against the Euro, up 0.84% against the Canadian Dollar, up 0.27% against the Australian Dollar, up 1.16% against the British Pound Sterling, up 0.61% against the Mexican Peso, up 1.57% against the Japanese Yen, up 0.22% against the Indian Rupee and even against the Philippine Peso. USD... View article >
The Canadian Dollar is today down -0.79% against the United States Dollar, down -0.18% against the Euro, down -0.29% against the Mexican Peso, down -0.5% against the Indian Rupee, down -0.63% against the Australian Dollar, up 0.11% against the British Pound Sterling and down -0.75% against the Philippine Peso. CAD Daily Rate Alerts Read on... View article >
Sterling GBP/USD 1 Week Chart The Pound (GBP) fell against many of its peers this morning as markets lurched into motion after freezing ahead of Donald Trump’s speech last night. Sterling continues to be hampered by concerns over Brexit as we enter March, with Theresa May expected to trigger Article 50 in the next 30... View article >
AUD/USD Update - Thu 7:00 AEDT: The Australian Dollar is today slightly up against the United States Dollar with the AUD/USD at 0.7680, a rise of 0.13% and also up for the last 7 days with a rise of 0.08%.
3 Month Trend: AUD/USD is touching 3-month highs [Hi:0.7709, Lo:0.7157] and for the quarter is up 2.74%.
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