CurrencyFair functions as a true peer-to-peer marketplace, offering specialized overseas money transfer services for individuals and businesses alike. The company rates well across the board including exchange rates, transfer fees, and turnaround times. CurrencyFair has a unique feature compared to it's competition called the "CurrencyFair MarketPlace". This feature can allow their customers to choose their own rate. Sometimes they beat the inter-bank rate!
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There are two main ways to transfer money overseas, including Australia. When transferring money from the UK to Australia, the two most common recommendations are:
Use inter-bank transfers or Telegraphic Transfers. - Expensive.
Use global money transfer providers. - Recommended.
The smart way to transfer money overseas is to use the second option. You will find out later later in this article why it’s smarter, but first you can take a look at your best alternatives.
So, what is the Read more [...]