Foreign Money Exchange
Foreign money exchange, if you are moving euros back to the UK, or buying a foreign property and need foreign money exchange but with the best exchange rate that you can find, then look to TorFx to help you. You can fix your currency exchange up to one year ahead of purchase and they are often able to find you much better foreign currency exchange rates than a foreign bank who often have hidden charges. You can also transfer funds abroad for a minimum period of 6 months, funds between £250-£10,000. For foreign transfers there is 0% commission charge and on average there is a 3% saving over the rates offered by high street banks. The transfers are free of charge compared to a bank charge of usually £30. Once the plan is set up payments will be made automatically so there is no need for any extra paperwork or phone calls. FairFx currency cards are the new way to take travel money abroad. FairFx is affiliated to Newcastle Building Society. The FairFx cards offers you great exchange rates as the middle man and kiosks are cut out. You can also order your travel money in cash, onto the card which you can top up at your convenience or buy your travel money and have it put straight into your foreign bank account. With this card you can purchase both dollars and sterling. The Daily Mail and the Daily Mirror have all recently written articles about the FairFx cards giving it a thumbs up for saving money on currency exchange rates, particularly the poor ones offered by most airports.