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... View article >
There are a number of reasons. Some foreign currency exchange outlets may be more keen for your business or have a lower cost base and can therefore afford to provide better rates. You also need to watch out for additional fees that you might get when exchanging money. Some places, particularly around exchange foreign currency... View article >
There are lots of ways; most importantly you need up-to-date information on exchange rates and fees. When you use BestExchangeRates you can see clearly which currency vendor is offering the best deal for your International Money Transfers and Travel Money needs, and most importantly who is taking the smallest margin and fees to give you... View article >
Improving UK consumer confidence has boosted Pound Sterling today. According to the GfK Consumer Confidence Survey for August, the initial ‘Brexit’ shock is wearing off quicker-than-expected. The index, forecast to rise to -8, instead climbed from -12 to -7. Of particular interest to investors was the fact that personal... View article >
Wednesday Aug 31st 10:05 AEST – The Australian Dollar is today down -0.66% against the United States Dollar, down -0.49% against the British Pound Sterling, down -0.34% against the Euro, down -0.25% against the New Zealand Dollar, down -0.66% against the Chinese Yuan, up 0.32% against the Japanese Yen and down... View article >
Posted on 31 August 2016 | 12:05 am GMT
Author: BER Research
We make it Easy to Compare Exchange Rates & Fees of Banks and Online Currency Exchange & Payment Providers
Postal Address: 208/88 Crown St Woolloomooloo, 2011 NSW Australia.
This is an information service. By browsing on the website and/or using our comparison tools, you are asking BestExchangeRates to
provide you with information about currency exchange products & services from multiple financial institutions. We will try to show you a
range of products & services in response to your request for information. The search results do not include all providers and may
not compare all features relevant to you. In giving you product information we are not making any suggestion or recommendation to
you about a particular product. If you decide to conduct foreign exchange you will deal directly with a financial institution, and not with BestExchangeRates.
BestExchangeRates may receive fees or other benefits in relation to activity on the BestExchangeRates website.
BestExchangeRates may receive remuneration for vendor referral links.
Full disclaimer |
Privacy Statement |