BER compares exchange rates from popular, trusted and regulated money transfer & currency specialists to help you avoid hidden and excessive fees when you send and spend abroad.
We make it easy to save money by making these fees and exchange rates transparent and easier to compare. With our foreign transfer and currency exchange tools, you can quickly find the cheapest and most convenient way to convert your money.
Sending money abroad can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.
Using your Bank to make international wire transfers can be very expensive – often 5% to 6% worse than using a foreign exchange specialist to send money abroad or pay a foreign invoice.
In November, it’s still all about central bank monetary policy. In particular interest rate hikes, which help drive demand for a currency. The past few weeks have given the market plenty to watch. The Reserve Bank of New Zealand raised interest rates, the Bank of England surprised by holding rates. The banks of Japan, Australia and the Eurozone held their rates, giving signals that hikes won’t be happening any time soon, but we learnt that a hike in Canada could arrive within months.
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We show you how to use a multi-currency card or order foreign cash online to save money with better currency exchange rates, convenience and security for your next trip or overseas online purchase.
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Looking for a way to make your next trip more affordable? Check out our Country Guides to the best deals for your international foreign transfers and travel money. These articles will give you travel tips and offer advice for your next trip abroad.
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