Most of the high street banks will offer an international Transfer Internationally option, you will probably need to have an account with the bank to receive this service. The bank will make the arrangements for you, and you can pay extra for additional services, such as an express service, if you need the transfer to be completed quickly. A bank is more than likely to be the simplest, and safest, option for a single relatively small transfer. Their exchange rates are not the most competitive but it can be a very convenient choice.
Specialist foreign exchange brokers don’t generally handle smaller transactions. If they do, they are likely to charge a fee for doing so. For the larger amounts, most brokers do not charge a transaction fee for making the Transfer Internationally; they earn their money from the exchange rates. This helps to make the comparison between which company to use much simpler, as you only need to compare the actual exchange rates and not have to take into account fees and charges. This makes the use of a comparison website very attractive, as they will list all the exchanges rates by company for you to see and compare. If you choose to use a broker, then you will need to open an account with them, which may take one or two days to get set up. You will need to take this into account when considering the deadline to complete the Transfer Internationally.
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