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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FX markets were a sea of tranquility overnight with only the incessant chirping of FOMC hawks and ECB doves disturbing the peace. Asia FX opened with traders digesting a series of relatively hawkish opinions from Fed officials during the New York. On Wednesday, Chicago Fed President Charles Evans suggested that he supports 1-2 additional rate... View article >
The Canadian Dollar is today up 0.4% against the United States Dollar, up 0.66% against the Euro, down -0.76% against the Mexican Peso, up 0.41% against the Indian Rupee, up 0.3% against the Australian Dollar, up 0.07% against the British Pound Sterling and up 0.43% against the Philippine Peso. CAD Daily Rate Alerts Read on... View article >
Sterling GBP/USD 1 Week Chart The Pound (GBP) appeared to hold its ground against the majority of its peers overnight as markets paused to reflect on the day’s events after Theresa May finally began the Brexit process. However Sterling sentiment began to dip again slightly this morning as insurance firm Lloyds of London confirmed that... View article >
The US dollar found the glow from yesterday’s strong Consumer Confidence report fade in overnight trading. The greenback opened in New York with small losses against Yen and the commodity currency bloc and tiny gains vs Euro, Sterling and Swiss Sterling hogged the spotlight. Theresa May fired off a signed letter to the European Union... View article >
The Canadian Dollar is today even against the United States Dollar, up 0.99% against the Euro, up 0.3% against the Mexican Peso, down -0.25% against the Indian Rupee, down -0.32% against the Australian Dollar, up 0.85% against the British Pound Sterling and even against the Philippine Peso. CAD Daily Rate Alerts Read on for the... View article >
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