What is a Currency Exchange Specialist?
Sending money abroad can be overwhelming. The confusing rates and fees can be confusing to navigate. It’s difficult to know when you’re getting the best deal and you could be charged more than you need to for your foreign exchange. Let’s get back to basics and discuss what a currency exchange specialist really does.
Whether you’re sending a one-off payment for a loved one’s birthday or making regular payments for a mortgage or education fees, a currency exchange specialist is the best service to use for your international money transfer. A currency exchange specialist can transfer your finances in a manner that is fast, reliable, and cost-effective.
Who can use a currency exchange specialist?
In a word, anyone. Currency exchange services are available to anyone who needs to send money abroad. Personal and corporate exchange needs can be catered for, and the service can be tailored to suit your needs.
For businesses, paying the exchange rates and transfer fees can be confusing and you could pay more than you need to. If you have a supplier overseas or remote workers around the globe, your business could be missing out on the best exchange rates and lower fees from a currency exchange specialist.
A currency specialist is convenient. So much of your time can be wasted researching the best deal, a currency specialist can do all that for you. Our team can even handle the payments on your behalf. You can have peace of mind that your payments will be made on time, every time.
When should you use a currency exchange specialist?
When it comes to sending money overseas, it is not just as simple as a bank transfer. If you are buying or selling big-ticket items such as property or a business, don’t assume that the foreign legal team will be able to handle the exchange of funds efficiently. Although they are essential to ensure a smooth transaction, they are not always educated on the impact good currency exchange can make. If you are making payments of any kind to an international bank account, a currency exchange specialist can help. You should consider using a currency exchange specialist for:
· Buying or selling property overseas
· Making payments to an international bank account
· Property management fees
· Acquisition of assets or inheritance from overseas
· Paying an international supplier or freelancer
· Education costs
· Monetary gifts
What are the benefits of using a currency exchange specialist?
The key word here is specialist. We deal with currency exchange every day and have worked with clients for over 20 years. Currency exchange specialists know the industry and Moving Currency can save you time, money, and effort when it comes to your currency exchange needs. Here are the benefits of using a currency exchange specialist:
· 24/7 access to your account online
· A dedicated personal account manager
· A purpose-built service
· Fixed-period exchange rates
· Market alerts so we only buy currency when the market reaches your agreed rate
· Competitive exchange rates compared with high-street banks
· Exclusive products and services to make your experience uncomplicated
Whether you are making small or large transactions, a currency exchange specialist will provide the most competitive rates. You will also benefit from expert guidance from people who follow the industry closely.
Are Currency Exchange Specialists Regulated?
Not all currency exchange specialists are regulated. You should always choose one that is regulated for peace of mind. Moving Currency partners with GC Partners Group Ltd who are regulated by The FCA (Financial Conduct Authority) which regulates financial organisations in the UK. You can check whether a company is regulated by searching the FCA register.
Moving Currency was founded to take care of all your foreign exchange needs. Our expert team are on hand every step of the way, taking the stress out of the process. Find out more about what we do on our blog, or get in touch to discover how we can help.