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What Are The Best Options For Moving Money Abroad?

Today there are many options for moving money abroad and making the most appropriate choice depends on how much you are moving and whether you will be sending regular amounts.  Short Term Travel Credit cards or holiday cash can cover short term holiday requirements, but if you are planning to buy a house or cover regular costs abroad or back home y ...

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Overseas Money Transfers: Why Go With Commercial Companies?

Overseas money transfers – if you know your way around you can save a lot of money, as well as hassle! Moving abroad is difficult and expensive as it is. As exciting as it may be, it’s also tasking, highly energy consuming, and wallet draining. Transferring money overseas is nothing short of a necessity when you’re moving to a new country, but are the unreasonable fees necessary as well? Thi ...

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Sending Money Abroad

At a loss over losing money when you need to send cash back home? It’s a common problem for expats who are getting stung by excessive fees and hidden charges from banks. With CurrencyFair, an online marketplace, secure transactions are made faster and far cheaper. Sending Money Abroad – this article was written exclusively for Expat Network by CurrencyFair Moving country can be an exci ...

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Currency Changes And The Price Of Property

In global prime property markets even small percentage changes in currency can have significant monetary implications. Currency, ownership costs and taxation are becoming increasingly important considerations for investors, especially as the rate of price appreciation slows in some global city markets. New research by property consultancy Knight Frank suggest that individuals need to be conscious ...

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British Expats With Sterling Incomes Feel The Pinch

Greater economic uncertainty has contributed to the pound declining in value against the majority of major currencies in the past year, according to latest research from Lloyds Private Banking. Over the past 12 months, the pound has fallen in value – to varying degrees – against 56 of the 60 currencies analysed. This followed a good year for the pound in 2015 when sterling gained in value ag ...

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Sponsored: Low-Cost Currency Transfers

Since 2009, CurrencyFair has been providing low-cost currency transfers, saving their customers up to 88% of the total cost involved, in a market which sees around $5 trillion transferred every single day. Having transferred over €4 billion to date, CurrencyFair is well positioned to increase consumers’ awareness of traditional banking practices (and fees!) in this area. Like all great ideas, nece ...

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Sponsored: Save On Your Currency Transfers

If you’re a British expat with an international money transfer requirement, save by using a currency specialist. The British expat community has grown exponentially in recent times – in total, more than 5 million of us currently live abroad; with an estimated 123,000 jetting off to pastures new last year alone. By Smart Currency So, where do the adventurous among us to tend to gravitate? Wit ...

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Currencies: No Such Thing As A Free Transfer

When making a transfer most people focus solely on getting the best exchange rate. However, hidden extras and commission fees make it hard to know whether that means you have got the best deal. By World First If you are ever promised a ‘free transfer’, you should know that there’s really no such thing. All banks and currency brokers have to make money somehow. They never offer people completely fr ...

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Making International Payments: The Essentials

Currencies can fluctuate quickly and dramatically, and being aware of how this could affect you is all-important. Whatever the reason for your currency transfer, we’ve put together this short guide to help you with the basics of making an international payment. By World First. What are foreign exchange rates? The exchange rate is determined by the value of one country’s currency against another. A ...

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The Brexit Effect On Currencies

On Friday 24 June the UK woke up to the news that the country had voted to leave the European Union by a majority of almost four percentage points. After seemingly buying into the belief that the Remain camp would ultimately emerge victorious, currency markets, particularly the pound, quickly reversed course as the tide of votes showed that a Brexit was an inevitability. By Edd Hardy How do we lea ...

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