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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The Australian Dollar is today even against the United States Dollar, down -0.35% against the British Pound Sterling, down -0.17% against the Euro, down -0.16% against the New Zealand Dollar, down -0.16% against the Chinese Yuan, up 0.25% against the Japanese Yen and down -0.13% against the Singapore Dollar. AUD Daily Rate Alerts Read on... View article >
The US dollar is sucking wind, to put it technically, and is down across the G10 spectrum. President Trump’s Healthcare bill never even made it to a vote because he couldn’t garner enough Republican Party support. Traders, always quick to jump to conclusions, concluded that this failure jeopardizes his tax cut and infrastructure spending plans... View article >
Sterling GBP/USD 1 Week Chart The Pound (GBP) pushed higher against most of the other majors this morning as the US Dollar (USD) weakened. This follows a strong performance last week as an uptick in UK inflation prompted GBP to end the week higher against most of its peers. However, with Theresa May set to... View article >
The Australian Dollar starts the week up 0.25% against the United States Dollar, up 0.1% against the British Pound Sterling, down -0.14% against the Euro, down -0.07% against the New Zealand Dollar, up 0.22% against the Chinese Yuan, down -0.19% against the Japanese Yen and up 0.07% against the Singapore Dollar. AUD Daily Rate Alerts... View article >
This morning’s US healthcare vote, strong Eurozone Manufacturing PMI data and a pending US Durable Goods report left traders in overnight markets singing “I can’t get no dollar traction.” Asia opened with Kiwi getting spanked on a weaker-than-expected New Zealand Trade report. (Actual -18 million vs. forecast $16 million) NZDUSD fell from 0.7034 to 0.6997... View article >
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