moving $ foreign exchange agent?
Apr 24th 2014, 2:10 pm
#17
BE Forum Addict
Joined: Jan 2014
Location: Anchorage, AK, USA
Posts: 1,347
Re: foreign exchange agent?
Sure. This is a non-exhaustive list:
xe.com
torfx.com
usforex.com (or ukforex.com) (I found them the best value of the online exchanges, but that may have changed)
hifx.com (possibly for UK residents only)
xoom.com
currenciesdirect.com
moneycorp.com
Also:
transferwise.com
This is a relatively recent start-up based on matching transfers going in opposite directions. The other sites listed make money by having different exchange rates depending if you're buying or selling. This company instead charge a fee, but use the mid-market exchange rate. When I transferred my UK savings, they had an attractive exchange rate, but transfers were limited to a few thousands pounds or dollars. I believe this limit is now much larger, but since their fee percentage seems not to reduce as the size of transfer goes up, they are unlikely to be competitive when you want to move large amounts.
xe.com
torfx.com
usforex.com (or ukforex.com) (I found them the best value of the online exchanges, but that may have changed)
hifx.com (possibly for UK residents only)
xoom.com
currenciesdirect.com
moneycorp.com
Also:
transferwise.com
This is a relatively recent start-up based on matching transfers going in opposite directions. The other sites listed make money by having different exchange rates depending if you're buying or selling. This company instead charge a fee, but use the mid-market exchange rate. When I transferred my UK savings, they had an attractive exchange rate, but transfers were limited to a few thousands pounds or dollars. I believe this limit is now much larger, but since their fee percentage seems not to reduce as the size of transfer goes up, they are unlikely to be competitive when you want to move large amounts.
Apr 24th 2014, 11:45 pm
#18
BE Forum Addict
Joined: Aug 2013
Location: Athens GA
Posts: 2,139
Re: foreign exchange agent?
Thank you so much to those who answered, sorry to those were aggravated, I did actually search, to no avail!
I live in Nevada and the company advertising on this site is TOR EX. They tell me all I need to do is open an account on line , deposit funds and select my rate to transfer.
It seems suspiciously easy.
Are all the companies trading at the same rate. Are they all reputable? How do I check?
I live in Nevada and the company advertising on this site is TOR EX. They tell me all I need to do is open an account on line , deposit funds and select my rate to transfer.
It seems suspiciously easy.
Are all the companies trading at the same rate. Are they all reputable? How do I check?
