Needless to say, purchasing a property overseas is a pretty challenging process for most. When you purchase a property abroad you’re putting currency exchange into the mix, adding a cherry on top of a many layered cake.

After packing up your life and moving to a new country, you may find you need to either send money back home on a regular basis or else transfer it overseas.  Using a bank might sound like the simplest way of managing such transfers, but is it?

When it comes to transferring money overseas you have two main options: using a bank or using a broker. If you wish to use a broker, this article will outline how the process works.