Private Clients - Foreign Exchange Brokers
Below you will see a comparison chart of excellent foreign exchange services available for customers in the US. The foreign exchange brokers listed are experts in the foreign currency business and provide a secure, low cost and fast currency exchange service for both private and corporate clients. Whatever your foreign exchange requirements you will be able to find a professional service. No matter if you are looking for a way to pay for an overseas property, you are looking to emigrate, have overseas goods and services to settle or want to set up a one-off or regular international transfer a foreign exchange broker can help you. All you have to do it take the time to find the broker that best suits you.
Use the chart below to help you find a variety of different exchange brokers. You can compare important factors of different foreign exchange services, including whether any fees apply, what is the latest currency exchange rate offered, transfer speed and whether there are any requirements. A foreign exchange broker service can offer you the best possible exchange rates, far better than if you were to go to your bank. You will notice that the foreign exchange rates are updated on a daily basis so keep your eye on those. Most foreign currency brokers offer hedging services to help you manage your exposure to the fluctuation of exchange rates. You might want to do this if you want to set up a payment now to be put into action in the future. For example you may want to pay an overseas mortgage in six month's time.
Foreign exchange brokers can transfer funds internationally for all customers. As currency exchange is the main focus for foreign exchange brokers they can get customers a rate that is as close to the interbank rate as possible. The closer you can get to the interbank the better and so you can get far better exchange rates and ultimately more for your money with a foreign exchange broker. With one of the services listed below you are not limited to banking hours. It is likely that you will be offered an online account so you can manage all your transactions and payments whenever you want. You can also book future transactions in advance to protect your finances and get the best rates.
The specialist foreign exchange companies listed below are recommended for large transfers (of approximately $5,000 and more). For smaller transfer amounts you might find that a Money Transfer service offers smaller/no transfer fees and are better suited to your needs.
Get The Best Foreign Exchange Rates
If you want to transfer money abroad then there are some good tips for getting the best foreign exchange rates
A Foreign Exchange Specialist can help you with all of your money transfer needs
No matter what your money transfer needs a foreign exchange specialist can help you. You may be looking to send money abroad to your family or perhaps you need to pay the wages of your employees in another country. Foreign Exchange specialists are also used to make large payments over seas such as mortgage payments or significant business transactions. Whatever your reasons for wanting to make an international money transfer you should get a quote from one of the foreign exchange specialist listed in the chart above to get the most for your money.
What international money transfer methods should I use for the best exchange rates?
If you are looking to transfer money overseas using an international money transfer then it is worth considering the different money transfer options in detail in order to work out which is best for you. If you are looking to transfer large sums of money (over $5000) abroad then it is almost certainly worth contacting a foreign exchange specialist whose knowledge of the foreign exchange markets can be integral to getting the best foreign exchange rates for your transaction. If you are looking to transfer small amounts of money abroad then many people favour money transfer or remittance services who can also perform an international money transfer service. Money Transfer Services can be used by anyone looking to transfer money abroad easily and surely.
How do I get the best value for money on an international money transfer?
The main factors which will affect the costs of your international money transfer are the volume which you are looking to transfer, the foreign exchange rates when the money transfer is made and the fees which the foreign exchange specialist or remittance service you use charges for this service. Most foreign exchange brokers have minimum transfer benchmark often around $5000 after that you may have to pay a fee of around $10 to transfer money. However a foreign exchange broker is still likely to get you a better rate than the bank so this expense is usually worth it. Most foreign exchange specialists can set up regular payments for you or fix exchange rates for up to six months in advance. This can be advantageous if foreign exchange rates move against you.
Why go to a Private Foreign Exchange Specialist?
Private foreign exchange specialists can offer a personalised service which other companies can’t. With a currency specialist you will have your own foreign exchange broker who will have a good knowledge of the exchange market and can advise you how best to perform your international money transfers. They can also advice you whenever you need. A good foreign exchange specialist is likely to offer separate services for its private clients and its corporate clients. The best foreign exchange specialists will also have good brokers who will offer a tailor-made service.
11 October 2012 11:00am
Which Way to Pay
Many people in America would go to their banks first when looking into currency exchange but you are unlikely to get the most for your money.
28 May 2012 11:00am
Your company or business can benefit from using a foreign exchange broker that specialises in working with corporate clients.
16 April 2012 10:30am
According to figures from the Commerce Department, US retail sales rose more than predicted in March despite rising gasoline prices.
15 March 2012 12:00pm
Foreign exchange brokers that specialise in working with corporate clients can add value to your firm by offering exchange rates that are better than your bank.