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David Brown  Author: David Brown

David has extensive experience in foreign exchange markets after multiple roles at investment banks and fintech startups in London and Sydney. He founded the BER platform with the goal of providing Retail and SME customers access to the same exchange rate transparency and competition previously only available to larger institutions. BER is now the leading specialist FX comparison website in Australia and a growing list of countries. You can get in touch with me via email at or via the contact page. Below are their latest articles:

Euro goes from market dog to darling in a week

euro-76019_640 What a difference a week can make! The nagging doubts starting late March when the Euro was seen as the riskiest currency on the planet until after Sunday’s French election, now the Euro is suddenly everyone’s favorite and perhaps people are starting to consider how much more they will need to budget to send their summer post-cards from the beaches of France, Italy and Spain.

What makes sending money internationally so expensive?

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 enough margin to protect against intraday rate volatility.

Why compare foreign currency exchange rates?

If you’re still using your bank to make money transfers or buy foreign cash chances are you’re paying excessive fees and receiving inferior exchange rates. When buying Travel Money, providers rates can vary according to the stock of different amounts of each currency on hand or available. Some places tend to sell a lot more USD or maybe a lot of places buy a lot more USD so they will me more inclined to weight their buy and sell price accordingly.

Foreign Currency & International Fees for Credit Cards

Categories: FAQS, Feedback, Travel Money
travel-cards Travelling with Credit Cards can be expensive! Wondering what those extra “Fees” are on your credit card statement for purchases in Foreign currencies? Most banks and financial institutions charge these sneaky fees for transactions in a foreign currency (as much as 3% of the amount), only a few do not charge a fee for this so it’s worth knowing what your card is costing you.

BestExchangeRates wins Best International Money Transfer Comparison Provider 2016

Categories: Press
Currency-Awards-Winner-01-1024x724 TradeFinanceGlobal.com – London Friday 19th February 2016: The judging panel are delighted to announce that we have chosen BestExchangeRates as the winner for the: “Best International Money Transfer Comparison Provider” award. We felt that the company takes a fresh approach to the currency transfer market with its simplicity and the clarity of information displayed on the site.

Qantas Frequent Flyer points – How much are they really worth?

Categories: General, Travel Money
qantascash When comparing Pre-paid Travel Cards from the airlines to those of other providers and the banks you need to take into account the value of the points that you can earn on your purchases. This is easier said than done, as the value of the points depend on how you use them.

BestExchangeRates on Sky News Money talking travel cards

Categories: Press, Travel Money
dave-sky-money-300 Money Exchange TV’s Andrew Barnett interviews BER CEO, David Brown, for Sky News Money. David explains how to save money on your travels using a prepaid travel card, and why you should never exchange money at the airport departure gate.

BestExchangeRates on UKTI trade mission to London Fintech week

Categories: Press
ukti-fintech-week Watch official UKTI Fintech Mission video In September BestExchangeRates was one of 10 Australian fintech startups selected from 70 applications by UK Trade and Investment (UKTI), a UK Government department, to take part in a trade mission to pitch at London Fintech Week. We were lavished with attention, events and presentations, made valuable connections with some of the industry’s most influential players and toured co-working spaces such as WeWork and Level39 (Europe’s largest fintech accelerator).

BER selected for UKTI Trade delegation

Categories: Press
UK Trade & Investment (UKTI) Australia has announced the names of 10 successful Australian fintech companies that will take part in a delegation to London in September. The 10 companies will receive airfares courtesy of British Airways, entry to London Fintech Week, and “the opportunity to meet with London-based accelerators, successful mentors, industry experts and leading peers”, said a UKTI statement.

BestExchangeRates in the Press

Categories: Markets, Press, Travel Money
June 2-3, 2012 by John Collett “TRAVELLERS always need to have some foreign cash on them as a back-up just in case they are unable to use their credit card or withdraw cash from an ATM. A check with the foreign-exchange comparison website bestexchangerates.com shows a big variation in the exchange rates available when buying cash.

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