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A clever way to send money overseas
Whether you’re paying for an international invoice, topping up an overseas bank account, or sending money back home to your relatives, it’s essential that you do some research before making the payment so that you get the best possible deal.
The problem is that many people use their existing bank to send money abroad without realising there are currency specialists like HiFX who can save you a lot of time and hassle.
#1 WHAT IS HiFX?
Started out of frustration with the banks, HiFX provide a quick and easy way to convert £50 – £300,000 online at the touch of a button. As well as offering a significantly better exchange rate than high street banks, HiFX have an ‘Excellent’ rating on TrustPilot from over 10,000 customer reviews.
In 2014, they were acquired by US Company Euronet who also own Ria and XE.com, making them the 3rd largest transfer business in the world!
#2 HOW DO I SEND MONEY ABROAD USING HiFX?
The HiFX online platform allows you to transfer money quickly and securely, 24 hours a day, seven days a week.
You can register free of charge by visiting hifx.co.uk and once you’ve got a live quote, you can provide the specific details about your transfer (where you’re sending the money, currency, how much etc). Once you’ve done this, you will need to pay HiFX in your local currency so that they can convert it and complete the transaction.
#3 WHAT CURRENCIES CAN I TRANSACT?
HiFX trade in 60 world currencies giving you the ability to transfer money to over 170 countries. You can calculate live currency and foreign exchange rates using HiFX’s free currency converter below.
#4 HOW MUCH DOES HiFX COST?
For transactions under £3,000, HiFX charge a £9 fee. For anything over £3,000 (or currency equivalent) there is no fee. HiFX’s bank beating exchange rates are linked to the live foreign exchange markets meaning that they fluctuate every 3 seconds.
HiFX also offer forwards (buy now, pay later) and Market Orders for targeting a specific exchange rate.
#5 Excellent Rating on Trustpilot
HiFX has excellent rating 9.5/10 on Trustpilot from over 9,500 reviews.