Foreign Money Exchange with HiFX

I believe every expat knows that foreign money exchange is one of the most painful things when relocating overseas. You always feel that you are loosing a big piece of your hard gained money.

By far the main discussion among expats is the foreign currency exchange rates. It doesn’t matter what is your country of origin, you will eventually find yourself complaining about how much money you loose because of that awful currency exchange rate and the extremely high commissions of the bank.

This realization is even stronger when you are researching the possibility of buying a house in your host country. Some of you will probably need to sale their house in their country of origin in order to be able to put a down payment on the new house. We are talking major money here that will have to be exchanged into the currency of your host country.

Wow, just think how much money you might be loosing in the process.

Even, for those of you who are not planning a huge purchase like a new house, the foreign exchange conversion is extremely annoying. Just to share with you from my own experience – Our salaries in Canada were paid in USD, and we had to exchange the USD into Canadian Dollars. At the beginning of our posting it was looking great as we received 1.56 Canadian dollars in exchange for 1 USD. But, after 4 years the Canadian Dollars got stronger (The Canadians were so happy about it, and kept bragging how their travels to the U.S.A. are much cheaper now), and we received only 1.12 Canadian Dollars in exchange for 1 USD, and the commission of the bank didn't change. We felt really frustrated.

Of course there is nothing that you as an individual can do about the global economy and the currency exchange. You can certainly write about this to your head office in your country. Maybe it will push them to consider your situation and to give you a raise, or extra money to compensate for the loss. But, even if it does help, in the good scenario it is not enough, and in the bad scenario until they reach a decision you are already gone and the money is paid to your replacement… Bureaucracy at it's best.

Anyway, do not despair - You have some possibilities. A foreign money exchange specialist for example can assist you to minimize the "damage", and to cheer you up.

HiFX foreign exchange specialists provide unrivalled foreign exchange services to business and private individuals around the globe. HiFX is one of the most trusted brands in the industry, and it is the ONLY currency broker to be ranked within the top 20 most accurate foreign exchange forecasters globally by Reuters.

HiFX helps each year 30,000 private individuals buy and sell currency. Its primary aim is to make the currency aspect of any overseas relocation, simple, cost effective and stress free, while providing an excellence service.

Moreover, HiFX understand how important it is to deliver funds quickly and safely to their intended destination. Because HiFX has direct access to SWIFT, the world’s largest payment settlement network for domestic and international trades, it is able to provide faster payments, to enhance security, and to increase visibility and automated processing.

What else?

With HiFX services you can save up to 4% when transferring money overseas. And if you are converting up to £10,000 then you can use HiFX online service and benefit from discounted online foreign money exchange rates, live prices, and the ability to pay by debit or credit card. HiFX Online gives clients control of their international money transfers.

And the best part - There are no transfer charges, no commission fees and no foreign bank receiving fees.

I know this is quite amazing. So why won't you contact HiFX directly and find everything about their programs. They have a superb service, and the most attentive staff.

All you need to do is click the following banner and a pop up form will appear. Just fill out your details and a consultant will call you back at your convenient time. The foreign money exchange expert will provide you a free currency consultation service which carries no obligation from your part.

Want to learn even more?

No problem!

You might need to buy and transfer currency on a regular basis for variety of reasons including: foreign mortgage payments, pension transfers, rental income salary transfers, school fees. Etc'.

Well, You will be happy to learn that HiFX has developed a regular payments abroad service to remove the stress organizing regular currency transfers can create. By using this service you could save up to £300 a year on transfer, get a competitive exchange rate, and avoid commission charges and foreign bank receiving fees.

HiFX has additional foreign money exchange services that can ease your overseas relocation. Just click on the following banner and you will be forwarded to HiFX website where you can find much more information.