About BER
Best Exchange Rates (BER) compares exchange rates from popular banks and trusted currency specialists to help you avoid hidden and excessive margins and fees when you send and spend abroad.
We make it easier to save money by making fees and exchange rates more transparent and easier to compare. With our foreign transfer and currency exchange tools, you can quickly find a cheaper and more convenient way to convert your money.
For more than a decade, BER has helped people cut through confusing foreign exchange pricing with comparison tools, calculators, guides, reviews, forecasts and market insights designed to make better FX decisions easier.
How BER helps you save money
BER is built around a simple idea: foreign exchange pricing should be easier to understand.
Many banks and FX providers do not just charge visible fees — they also build costs into the exchange rate itself. These hidden margins can make a significant difference to the final amount received.
BER helps users save by making these costs more transparent through:
- exchange rate comparisons across trusted providers
- visibility into provider margins versus market rates
- fee-aware comparison tools
- calculators for common transfer and exchange scenarios
- guides, reviews and market insights to help users make more informed choices
Founded by David Brown
BER was launched in 2009 by David Brown.
David’s background spans foreign exchange technology, financial markets and software engineering, with earlier roles involving FX systems for tier one investment banks in Sydney and London. He also spent time at Bloomberg and in French aerospace working on space vehicle telemetry systems and mission-critical air traffic control systems.
That mix of FX market experience and engineering depth helped shape BER into a platform focused on pricing transparency, practical decision tools and high-quality FX content.
David’s interest in applied AI also traces back to early university research in intelligent systems, alongside his later work in foreign exchange technology and software engineering.
BER is headquartered in Sydney.
BER Mission
Best Exchange Rates aims to help individuals and small businesses navigate the complex and often confusing international money transfer and currency exchange market with greater clarity and confidence.
We do this through:
- transparent pricing comparisons
- practical FX calculators and tools
- guides, reviews and ratings
- market commentary and currency insights
- curated access to trusted, regulated foreign exchange specialists
BER is a comparison and information platform only. We do not hold client funds or execute transactions directly.
Our partner vendors can assist with international money transfers for buying property overseas, supporting an overseas relocation, paying overseas tuition fees, travel money and other FX needs.
To date, BER has connected thousands of people with foreign exchange experts who have helped them save money on their international money transfers.
The problem we are solving
Banks and currency brokers make money from both fees and the exchange rates they offer.
Most people are aware of the fees, but fewer realise the rate they receive is usually not the mid-market rate seen in financial news. That is because many providers build a margin into the rate itself, often without making the size of that markup clear.
This is the problem BER helps solve through our transparent pricing calculator — vendor rates are shown alongside the latest market mid-rate, together with each vendor’s percentage margin and fees where available.
Who We Help
Currency Exchange Customers
Our comparison algorithms and calculators can save you time and money by helping you find which vendor is offering the best available rate for cash exchange and money transfers right now.
We have also arranged special deals with some providers, such as fee-free transfers. BER also provides practical tips on how to get better exchange rates for travel, expat and business needs. You can register to set up your profile, favourite currencies and receive information on special offers from our vendors.
Businesses
BER also supports small and medium-sized businesses looking to:
- pay overseas suppliers
- manage international invoices
- compare business FX options
- reduce avoidable FX costs
- better understand market movements and timing
Currency Exchange Providers
BER works with banks, specialist FX providers and money transfer companies that want to reach users actively comparing rates, fees and service quality.
Depending on the provider and market, BER can support pricing through:
- direct API integrations
- public website or structured quote capture
- indicative pricing inputs and fee structures
- advertising and qualified traffic opportunities
For more information, please visit our Vendor Info page.
For more detail on how BER sources, normalises and maintains FX pricing data, see How BER Collects FX Rate Data.
Our partners are trusted, regulated foreign exchange brands. Read more about our reviewed providers.
How BER works
BER combines provider pricing, market reference data, comparison logic and editorial content to help users make better FX decisions.
Depending on the provider and corridor, BER may use a mix of direct API data, public website quote capture, user-submitted rates and indicative modelling.
To learn more about BER’s methodology, visit How BER Collects FX Rate Data.
Want more info about the Best Exchange Rates service and platform?
Read news and articles about what we do and read about our authors.
For our Media Kit, logos and BER background information, please see our BER Media Kit on Google Drive.
If you would like to get in touch, visit our Contact Us page.
BER on Social Media
You can visit Best Exchange Rates' social media pages directly to read more and stay updated with our latest content and insights:
- Bestexchangerates Twitter
- Bestexchangerates Facebook
- Bestexchangerates Instagram
- Bestexchangerates Threads
- Bestexchangerates LinkedIn
Important note
BestExchangeRates is a comparison website and information service only. Users should always confirm final rates, fees and eligibility directly with the provider before making a transaction.
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