Compare Money Transfers

Published on 19 July 2012 by Raffick Marday

International Money Transfers Compared

If you are unsure see the choice above on a selection of providers, Compare money transfers on offer such as TorFX have come out on top as the number one foreign exchange broker by offering all customers a guaranteed margin rate of 0.7% which will save you thousands of pounds when doing money transfers abroad.

“How much can I save by using a currency broker?”

The first question that everyone asks! Obviously it depends on the size of the transaction and like anything else, the relationship that you have with your broker and with your bank.

For a start, you’ll make an instant saving of around £20 – £30 on the transfer fee as most brokers (unlike banks) don’t charge a fee for an international transfer. If making regular payments for a mortgage or pension this can prove to be a substantial sum in itself over the course of the year.

Money transfer comparison website can save you money

When it comes to the transaction, don’t be surprised if you would see savings of up to 5% on a transfer in the region of £20,000 – £200,000. The higher the transaction the better the rate you will ultimately get. Upwards of £200,000 you can expect to see savings of up to 3%, still a significant saving!

But it’s not only money you’ll be saving, it’s time as well. You can contact your dedicated account manager at your brokers via phone or email and speak to them direct and trade within minutes after you are registered. This cuts out the hassle of having to go into your bank or going through a switchboard which could end up being a foreign call centre.

international money transfers service brokers could start saving you money by using our money transfer comparison site where you can find more information by seeing further information on money transfer reviews. Using the best foreign exchange brokers will save you money on currency exchange rates.

  • Unbeatable currency rates with no commission or charges, up to 5% better than the banks.
  • Ability to fix your exchange rate up to one year ahead
  • Fast, free international transfers
  • Forward Contracts
  • Order Types
  • Tailored Currency Analysis by market professionals
  • Free transfers
  • Excellent exchange rates

Setting up an account or getting a quote is simple. All you need to do is click the (APPLY NOW BUTTON) and complete the online quote form. Complete and application form and provide your ID. Once this is done you can then exchange currency.

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