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PR Newswire
28-03-2015, 12:13 AM
You can encounter many costs when when investing overseas, but one of the biggest but one of the most well hidden are the currency exchange costs.
You have no say on which way the FX market is going to go, but when it comes to transferring money you can maximise which rate you can get.
When using a bank you are going to get a rate which can be 3 - 6% from the interbank so to make your money go further I would suggest using a currency exchange broker like TorFX, the do not charge any fees or commission and they will be able to get you as close to the wholesale market and this can save you a substantial amount per transaction.
For more information or a free quote please email: ben.lewis@torfx.com
You have no say on which way the FX market is going to go, but when it comes to transferring money you can maximise which rate you can get.
When using a bank you are going to get a rate which can be 3 - 6% from the interbank so to make your money go further I would suggest using a currency exchange broker like TorFX, the do not charge any fees or commission and they will be able to get you as close to the wholesale market and this can save you a substantial amount per transaction.
For more information or a free quote please email: ben.lewis@torfx.com