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, even against the British Pound Sterling, up 0.08% against the Euro, even against the New Zealand Dollar, down -0.06% against the Chinese Yuan, down -0.31% against the Japanese Yen and down -0.15% against the Singapore Dollar. AUD Daily Rate Alerts Read on for the... View article >
Questions as to whether President Trump can deliver on his election promises of tax cuts and infrastructure spending have unnerved equity markets. Global equity indices followed US equity indices lower in Asia and in Europe and that weakness drove USDJPY down to levels last seen on November 22. Tuesday’s USDJPY sell-off in New York extended... View article >
Sterling GBP/USD 1 Week Chart The Pound (GBP) rallied against its peers on Tuesday as markets reacted favourably to the UK’s latest inflation figures. Data released by the ONS showed that the inflation rate leapt from 1.8% to 2.3% in February, outpacing forecasts it would rise to 2.1% and striking its highest levels since September... View article >
The Australian Dollar is today down -0.72% against the United States Dollar, down -1.56% against the British Pound Sterling, down -1.23% against the Euro, down -0.61% against the New Zealand Dollar, down -1.02% against the Chinese Yuan, down -1.55% against the Japanese Yen and down -0.52% against the Singapore Dollar. AUD Daily Rate Alerts Read... View article >
The US dollar is on the defensive as the New York session starts. Better than expected UK inflation data and a strong performance by French centrist candidate Emmanuel Macron in a TV debate. lifted sterling and Euro, respectively. In Asia, the RBA minutes pointed out pitfalls from the housing market and rising personal debt which... View article >
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