Making Regular International 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.

Want to compare foreign exchange charges and fees -

see Personal Money Transfer - Business Money Transfer

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

Alternative

Get a free currency card, Just apply online and once you get your card you can load currency and pay your bills over the phone for free