Our goal is to make sure you have all the right information and tools you need to protect yourself from fluctuating exchange rates. We also give you access to much better exchange rates than you would get from your high street bank.
Essentially there are four reasons why you should use a currency specialist like HiFX rather than your bank:
You’ll save money by getting a better exchange rate.
We will be able to provide you with access to competitive rates of exchange, meaning that you will get more out of your currency transfers!
HiFX will transfer your money abroad completely free of charge.
If you use your bank you'll be subject to a number of additional bank charges which include commission fees (up to another 2% of the amount your transferring, transfer charges (usually around $30 for each and every transfer) and finally depending on where you're sending the money, up to another half a percent bank receiving fee.
Fix the rate for up to 3 months.
Unlike your bank, HiFX will allow you to lock into favourable exchange rates for up to 3 months protecting your money from adverse currency movements. We always remind clients that you'd never agree to buy a property in the UK without knowing the final cost. If you agree to buy an overseas property without fixing the exchange rate at the start, that's exactly the gamble you’re taking. Bear in mind that the average off-plan property takes 2 years to be built and you can see the risks involved by not fixing the rates at the outset.
Excellent customer service.
Buying a property abroad is a significant investment. HiFX will provide you with all the help and expert advice you need in simple, jargon-free language. We are used by over 25,000 people a year and not by the rich and famous. Only 5% or our clients are wealthy - most are builders, doctors, middle managers, plumbers etc.
If you need more information please call one of our foreign exchange advisers.