Guide to Currency Exchange
When looking to send money abroad for any reason – buying a foreign house, transferring from one of your own accounts to another for business or personal reasons, maybe working abroad and sending funds back home to family – many people believe it’s easier and more convenient to use the regular banking system to do so. However, banks often have hidden charges on transfers and their rates of exchange are rarely competitive. The good news is, there are other options out there and they could save you up to 4-7% every time you transfer money abroad.
