Transferring money into other currencies has long been seen as an opportunity for banks to add hidden margins onto exchange rates, sometimes as much as 5% on top of the actual exchange rate.
The birth of currency brokers has put an end to this with many brokers charging as little as 0.5% for exactly the same service offered by your bank. Equally your money is just as safe when you use a broker as they too are regulated by the FCA and adhere to the same rules that the big banks abide by.
As with any growing industry, prices are becoming more and more competitive, with different brokers offering varying margins. To help our visitors ensure they are always getting the best rate, we have teamed up with CurrencyTransfer.com. Like us, they love helping visitors compare quotes to get a better deal.