Monday, January 16, 2012
Foreign Currency Exchange Transfer
If you are relocating overseas one significant factor you will come across will be your foreign currency exchange transfer from the country you are leaving to the one you are leaving for.
Over the past decade foreign currency exchange providers have become a more preferred choice for people to move their money as they provide far better rates of exchange than banks and more often than not a far better level of knowledge and service.
Xpatulator works in partnership with one of the UK’s leading foreign exchange brokers TorFX. They provide an award winning service and are strictly regulated by the FSA so they provide a secure and safe way of getting your money from A to B.
For lump sum transfers, the purchase of a property, school fees or transferring money back home they can save you on average up to 3% against the high street banks and they don’t levy any any charges or transfer fees unlike a bank.
See below, if you were looking to move £100,000 from the UK into any other the currencies in another country and what you would get in return for your money with TorFX against the banks.
Source: fxcompared.com 13/12/11 - Leading independent comparison website
*TorFX can assist in transfers of all sizes with small regular payments starting from just £500 per month.
*Each client also has their own personal account manager who they have direct access to.
*In 2010 TorFX were named ‘European Currency Broker of the Year’ as voted for by expats in ‘Overseas ‘Living Magazine’
*In 2008 and 2010 they were recognised in The Sunday Times as the UK’s fastest growing financial service provider.
*Since being established in 2004 TorFX has exchanged in excess of $2 Billion USD