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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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BER FX Rate Tracker

Follow exchange rates via your personal BER FX Tracker to keep track of trending currency pairs so that you can take advantage of opportunities and trends in the market.

 

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Read our Guides , Reviews , Euro News and Forecasts

News 2025-12-15

Currency Market Update - Week ending 2025-12-20

Weekly currency market update—practical actions for SMBs, expats and travellers across AUD, CAD, GBP, NZD, SGD, USD, EUR and JPY

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Guides

The Most Expensive FX Mistakes People Make

Foreign exchange mistakes rarely feel expensive at the time — but they add up fast. Here are the most costly FX mistakes people make, and how to avoid them.

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News 2025-11-24

Biggest Currency Movers – November 2025

November is an USD-up month: yen fell hardest, with NZD and GBP also weaker. We recap the drivers—Fed signals, BoE’s knife-edge hold, and BoJ hike chatter—and the takeaways for senders, SMEs and travellers.

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News 2025-08-28

Global Central Banks Shift Policy: Key FX Impacts for August 2025

Central banks are moving in different directions—Australia cuts, UK eases despite inflation, and the Fed faces political risks. Here’s what it means for exchange rates and transfer timing.

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Guides

Guide to the Euro: Understanding Europe's Common Currency for Travelers, Expats and Business

Understanding the Euro is not only crucial for navigating the financial landscapes of these countries but also for appreciating the broader economic and cultural contexts that shape Europe today.

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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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Guides

Guide to the Canadian Dollar (CAD): Travel, Transfers & FX Tips

The Canadian dollar (CAD) is a major global currency closely linked to commodities and US trade. This guide explains how it works and how to manage CAD FX costs.

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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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Euro market update

 

The euro (EUR) has faced downward pressure recently, particularly following the European Central Bank's (ECB) latest decision to hold interest rates steady while revising growth forecasts upward. ECB President Christine Lagarde highlighted concerns that a stronger euro could hinder inflation, which has added to the currency's challenges. As of the latest data, the EUR/USD exchange rate has dipped to 7-day lows around 1.1722, which remains moderately above its 3-month average of 1.164, indicating a stable but cautious trading environment.

Recent developments within the Eurozone have revealed slight upticks in inflation, with figures for November rising to 2.2% from 2.1%. ECB Chief Economist Philip Lane referred to these "upside surprises" in inflation as a challenge to previous forecasts, raising concerns about the sustainability of tight monetary policies. Analysts suggest that such inflationary pressures could compel the ECB to maintain its current interest rates longer than previously expected, while a sustained recovery in consumer confidence, driven by improving morale data from Germany, may support the euro in the near term.

BestExchangeRates.com keeps you up-to-date on Euro forecasts by collating the views of reliable FX forecasters and economists together with recent EUR 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.