A constant flow of money between countries and currencies is a big part of the expatriate experience.
If you live overseas, you probably have family back home. Regular payments for things like school fees, university costs or maintenance of property means you are at the mercy of constantly changing exchange rates which will make accurate budgeting impossible.
Paying a small fortune in bank charges together with poor service is, unfortunately, another part of the international money transfer experience for many.
As high street banks charge up between 3.5 and 5% on fx rates, this can be felt even more when transferring large sums for overseas property purchases/sales or repatriating funds. To put this into perspective, you could be paying the bank between $7000 -$10,000 on a transfer for a $200,000 house.
Fexco provides a secure international money transfer service online or by telephone with bank beating fx rates and low fees. Specialises in high-value transfers.
Fexco will help you to keep your overseas money transfer costs to a minimum.
Margin | 0.6% |
---|---|
Regulator | FCA |
Fee | £10 < £5K or Free > £5k |
Mini | £1K |
Ccy | All (130 currencies, incl ‘exotics’) |
Services | Repatriation of funds, Property, Regular payments, High Value payments, spot, online, telephone. |
Fexco is regulated by the Central Bank of Ireland and is regulated by the Financial Conduct Authority (FCA) for the conduct of payment business in the UK. Fexco also uses robust client asset procedures to keep your funds protected.
When you are ready to make your transfer, John and his team will be available to help you with better rates and an unrivalled service to make sure your funds are delivered securely and speedily.