Foreign Currency - Commission Free
Why pay more for your foreign currency than you have to? Whether you’re going abroad for the summer on holiday, catching some winter sun, transferring money overseas to pay a mortgage, or doing regular business with customers in other countries, you need to keep your expenditure to a minimum. That’s why you should always look for foreign currency brokers that don’t charge a commission.
Foreign Currency – Commission vs. Rates
When it comes to finding the best foreign currency deals, there are several things to take into consideration. It’s not as simple as finding your nearest dealer, or going to your bank. If you really want to save money, you need to take the time to check exchange rates and look at commission levels, so you know you’re getting the best deal:
• Exchange rates – foreign currency exchange rates fluctuate all the time, but there is usually a general trend one way or the other – the dollar weaker than sterling, for example, or the Euro stronger than the pound. You simply can’t predict what exchange rates are going to be in a few weeks or even a few days, so go with the exchange rates you’re seeing at the time you’re thinking of buying. Compare rates from various providers – from online specialists to the Post Office. You’ll generally find that online rates are more favourable than high street ones, and certainly better than airport counters. Do your research in advance to make sure you’re happy with the deal you’re getting.
• Commission – always take the commission into account. A growing number of foreign currency dealers are offering commission-free deals, which is great, but you must always check that they’re not covering this loss by giving you less favourable exchange rates. Genuine foreign currency brokers who want to make sure you get the best deal will offer you good exchange rates and a commission-free sale.
• Convenience – getting your foreign currency can be a pain. You can order it in advance and collect it at a local office branch or at the airport, but that’s just another job to add to the list. Look for brokers that offer the convenience of delivery to your door. Your currency is couriered securely and you don’t have to worry about making an additional trip into town.
Commission-free Foreign Currency from Crown Currency Exchange
At Crown Currency Exchange, we pride ourselves on offering high competitive exchange rates for all types of foreign currency – with no commission charges. Our goal is to help you get the best currency deals with as little hassle as possible, which is why our website shows real-time foreign currency exchange rates and allows you to order online for secure home delivery. Check out our rates and order today or call us on 0800 612 7273.
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