Global focused articles and guides on saving on foreign exchange for transfers and travel.
The holy grail when you send money abroad is finding an organisation that you can trust and one that offers the best exchange rates along with transparent, smart and straightforward customer service.
Enthusiasts would have us believe that Facebook’s own digital currency, Libra, will instantly revolutionize the remittance industry upon its release in 2020 — except it won’t. A harsher reality awaits, with conversion costs, capital gains taxes and a lack of Libra-priced goods all likely to limit its appeal.
We compare the features, exchange rates and security of the three best multi-currency accounts available today — the WorldFirst World Account, the TransferWise Borderless Account and the OFX Global Currency Account.
World Accounts now let your business collect funds and pay local suppliers in HKD or make payments to offshore CNY (CNH) accounts in China.
OFX Global Currency Account – Independent BER Review OFX Global Currency Account: A Summary OFX has a 30-year history and is one of the largest foreign exchange specialists in the world. It offers a “Global Currency Account” that allows online sellers to hold, send and receive funds in GBP, EUR, USD, AUD, CAD and HKD. […]
WorldFirst World Account – Independent BER Review World Account: A Summary WorldFirst, a market leader in the international payments space, offers a multi-currency “World Account” that allows businesses to hold, send and receive funds in 10 major currencies: GBP, EUR, USD, AUD, CAD, JPY, SGD, NZD, CNH and HKD. With a World Account, businesses can […]
TransferWise’s Borderless 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.
OFX is one of the world’s largest and best providers of international money transfers. This highly regulated firm offers a complete foreign exchange solution complete with 24/7 phone support.
The mid-market rate is considered the fairest exchange rate available.
TransferWise has been making waves in the global payments market since it came on the scene back in 2011 and is undoubtedly one of the best services for sending money across borders.
As a leading global bank, HSBC has a wide portfolio of services aimed to cater to their customers and their foreign exchange requirements. If you are a customer looking to send money overseas with HSBC Exchange Rates through an International Money Transfer (IMT) or get travel money, then read on. From this article, you will […]
Dynamic Currency Conversion (DCC), it comes at a cost.
According to Fortune magazine, Apple sold 18 million apple watches in 2017 which is a 50% increase on the previous year and the highest number of shipments for any wearable vendor. With an increase in Apple watch users it follows that available apps for Apple watch will continue to grow and, whereas in the past […]
Currency exchange is a complex subject for most people. For the majority of them, it is not something they need to track on a daily basis. However, when someone plans to travel abroad or send/receive cash from overseas, one needs to have some awareness of exchange rates and its calculation. In this article we look […]
We take a look at five tips that can help you avoid common mistakes and save money on overseas property purchases.
There are several travel money options you can use to save money and make your trip hassle-free. When planning an overseas trip figuring out how to access your money while away is complicated and often left to the last minute. You then end up arriving in airports needing to change money to pay for the […]
Tips on Buying your dream property abroad.
Be smart and get the best exchange rate for regular payments Millions of international students are studying outside their home countries which can add up to be a substantial expense. Eliminating unnecessary foreign exchange costs is therefore a great first step to ensuring that more of your hard-earned money is spent on you and your […]
Setting up regular international payments is easy and can save you time and money If you have recurring overseas transfers to make, consider automating them to simplifying your personal administration and save time in the process. Whether that be for paying an overseas mortgage, receiving a foreign pension, or paying for overseas tuition fees for […]
Managing exchange rates can be an important for expats repatriating overseas funds & earnings – Send money home at better rates Expats, international investors and frequent travelers often need to move money between countries & currencies and the conventional bank systems for doing this are often slow, cumbersome and expensive. A host of services has […]
With WorldRemit, send money online 24/7 to 140 destinations at highly competitive exchange rates. Send to bank accounts and mobile money wallets, top up a loved one's mobile phone or send for cash pick-up.