Making Regular International Payments?
Making Regular Payments
Are you living abroad but receiving a UK pension, paying for an overseas property mortgage or working abroad and transferring your salary?
If so, you will have to convert sterling (or your domestic currency) into the currency of your overseas bank account.
Using the compare money transfer can save you money, when you convert your funds into the foreign currency you require and make the international payment to the overseas bank account you have nominated.
Consider using TORFX when making regular payments abroad, free money transfers and no set up cost.
Want to compare foreign exchange charges and fees -
See Personal Money Transfer - Business Foreign Exchange
Why not do it Online, set up once and that's it pay your entire monthly bills and get the best rates. There is no minimum amount to transfer but if you are transferring over £1000,00 then there are no charges. there will be a small money transfer charge for amounts under £1000,00 but this is still cheaper than what high street banks charge.
Try it out first it could save you time and money. The money transfer brokers will phone you direct and once you have set up an account you can transfer money as and when you require at better transfer rates than high street banks.
Not sure which foreign exchange broker to use? there is no reason why you can not set up multiple accounts until you find the right one for you as you have no obligation to transfer money with any of the brokers when setting up an account, The choice is yours on who you feel comfortable with.
Why do a Money Transfer using a Foreign Exchange Broker and not my Bank?
If you are making regular payments abroad to pay an mortgage overseas or getting regular payments from your pension abroad, it makes sence to get the most of the exchange rate by planning ahead with a foreign exchange brokers you can get a better currencies exchange rate which is better than high street banks when transferring money to another country say for example Portugal, South Africa or even Spain.
In addition by using a foreign exchange company most of them do not charge commission or transaction fees and you get a better Margin rate Guarantee your exchange rate for each of your payments:
Making overseas payments compare before you buy, One of the best providers of a currency transfer plan is TorFX as they do not charge you any transfer fees when you set up direct debits when making overseas payments. Plus sending money overseas is quick and easy just set up once and it is done with TorFX and offered at a better margin rate saving on average 3% based on making regular payments abroad with your bank
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