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How do I get the best exchange rate?

Achieving a competitive exchange rate is important if you are sending or receiving international payments. All too often, banks provide what they call commercial exchange rates for larger transfers (the same applies for individuals and businesses), but this commercial rate will not compare favourably to the rates offered by independent currency brokers.

 best exchange rates

 

Using a currency broker will usually mean obtaining a more competitive rate, which will be closer to the interbank rate than the rate offered by your bank.

 

In addition, with recent changes to regulations in the UK, most currency brokers are now FSA Authorised and operate Safeguarded Client Accounts. You can check how safe a currency broker is on our dedicated page and by checking the FSA register online.

 

If you would like a quote from an FSA Authorised currency specialist, simply complete your contact details in the form at the top of this page and we will put you in touch for a no obligation quote. Your details are not passed to any other third parties.