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Foreign Transfers

Save on International Money Transfers

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.

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Read our Guides , Reviews , Philippine peso News and Forecasts

Reviews

Wise vs Revolut (USA): Transfers & Travel in 2025

U.S.-based and choosing between Wise and Revolut? Here’s a clear, current comparison of fees, exchange rates, card/ATM rules, and travel perks—plus who each suits best.

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News 2025-08-02

Trump Imposes Broad Tariff Hikes as Global Trade Tensions Escalate

President Trump has raised U.S. tariffs to an average of 15.2%, targeting Canada, Asia, and Europe, as part of his push to reshape global trade. Markets and currencies reacted with caution amid rising uncertainty.

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Guides

How to Choose the Best Money Transfer Provider

A comprehensive guide to choosing the best money transfer provider, covering key factors like fees, speed, exchange rates, and customer support, with comparisons of top providers.

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Guides

Compare the Best Multi-Currency Accounts for Travel, Business & Transfers

We compare the features, exchange rates and security of the three best multi-currency accounts available today — the Wise Account, the WorldFirst World Account, and the OFX Global Currency Account.

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Guides

How Currency Fluctuations Impact Your Profit Margins (and How to Protect Them)

Currency shifts can quietly shrink your margins if you’re doing business internationally. Learn how to manage FX exposure, protect your profits, and use smart tools to stay ahead.

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Guides

OFX vs Wise: Which Money Transfer Service Is Best For You in 2025

Looking to transfer money internationally? We compare OFX and Wise side by side, covering costs, exchange rates, speed, and features to help you choose the best service for your needs in 2025.

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Reviews

Wise Review: Is It the Best Way to Transfer Money Internationally?

The Wise Account allows users to hold and convert funds in 40 different currencies and send and spend internationally, all at the “real” exchange rate and with exceptionally low service fees. Users can also receive major-currency payments free of charge.

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Reviews

OFX Money Transfer Review: Fees, Rates & Features Explained (2025)

OFX is a reputable international money transfer service that caters to both individuals and businesses, offering a range of features designed to facilitate global transactions.

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Guides

Understanding the US Dollar: A Guide to America's Currency for Travelers and Investors

The United States dollar is the official currency of the United States of America but also is the world’s dominant reserve currency, and it accounts for roughly 62% of global foreign exchange reserves, double that of the Euro and Yen. In fact, the US Dollar has been the world’s reserve currency for over 100 years.

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BER Rate Tracker

Track your preferred exchange rates and receive free daily alerts when the market moves. The BER Rate Tracker helps you time your international transfers for the best value. Get daily exchange rate alerts with the BER Rate Tracker. Monitor FX trends, set personalized currency pairs, and decide the best time to send money abroad—all for free.

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Currency Exchange & Travel Money: Compare Rates Worldwide

Compare global currency exchange rates for travel money & online purchases. Get the best rates, low fees & top multi-currency cards. Save money worldwide.

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Compare International Money Transfers

Compare international's money transfers to find the best rates, lowest fees & fastest options. Save money with trusted providers worldwide.

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Send Money to Eurozone – Compare the Best Transfer Rates

Need to send money to Europe? Learn how to use IBANs, BICs, and the SEPA network to transfer euros quickly and cost-effectively with providers like Wise and OFX.

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Best Travel Money Cards: How to Avoid Foreign Exchange Fees Abroad

Travel cards are a smart and secure way to manage your money overseas. This guide explains how they work, compares the top options, and helps you avoid costly exchange rate and ATM fees while travelling.

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Complete Guide to Large International Money Transfers

Sending large sums overseas—whether for property purchases, business payments, or investments—requires extra care to ensure you get the best rate and minimize fees. Our expert guide helps you navigate the process with confidence, covering key factors like exchange rate margins, transfer limits, regulatory requirements, and strategies to save money on high-value transfers.

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US dollar market update

 

The US dollar (USD) has recently experienced a decline as investor sentiment shifts toward expectations of a potential Federal Reserve rate cut next month. This shift follows the release of the latest ADP employment data, which showed an average drop of 11,250 jobs per week among private employers for the four weeks ending October 25. Analysts view this as a sign of a weakening labor market, further reinforcing the belief that the Fed may adopt a more dovish stance. Expectations for speeches from various Federal Reserve policymakers today could contribute to this trend, as a collective dovish outlook could further pressure the USD.

Current valuations indicate that the USD to EUR pair has reached 7-day lows near 0.8630, hovering just 0.7% above its three-month average of 0.8572. This pair has demonstrated stability within a narrow range of 3.4%, moving between 0.8426 and 0.8711. Conversely, the USD to GBP has shown strength at 0.7603, which is 1.9% above its three-month average of 0.7461. This pair has traded within a stable range of 4.8%, from 0.7328 to 0.7681. Meanwhile, the USD to JPY is trading at 7-day highs around 154.1, notably 2.9% above its three-month average of 149.8, fluctuating within a 5.3% range from 146.5 to 154.2.

BestExchangeRates.com keeps you up-to-date on US dollar forecasts by collating the views of reliable FX forecasters and economists together with recent USD price trends. This analysis covers a wide range of factors including economic indicators, geopolitical events, central bank policies, and technical analysis to provide a thorough and current outlook on currency trends.