Why should I use HiFX for my currency transfers rather than my 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. Unlike your bank, HiFX has lower overheads and can pass the savings on to you, making your money go further!
- 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 and transfer charges.
- Unlike your bank, HiFX will allow you to lock into favourable exchange rates for up to 1 year protecting your money from adverse currency movements. We always remind clients that you'd never agree to buy a property at home 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.
- 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.
Simple advice - don't let the banks cash in! Shop around and compare the rates given by your bank with an established currency broker.