Expatica aims to ease the transition of moving overseas by providing an engaging forum full of useful information and advice. We also support services which can make expat life easier, like those provided by currency connecting experts TorFX.
The majority of people who move abroad find that they have to transfer funds at some point or another – to meet mortgage/rental payments, send wages or invest in foreign property, for example. From experience, we at Expatica know that taking a minute to look into your foreign exchange options can save you a considerable amount of time and money when making transfers like this.
With over a decade of experience in managing private and corporate international payments, TorFX is able to provide its clients with bank-beating exchange rates, 0% commission, no transfer fees and expert guidance when it comes to protecting transfers from exchange rate fluctuations.
By opening a free, no obligation account with TorFX you’ll also benefit from regular currency updates, the support of a dedicated Account Manager and the security of working with an FCA authorised provider.
Tim and Sandra sold their house in the UK to fund their move to Spain and wanted to get the best return for the £325,000 they received. After talking through the options with their bank and several other providers, they chose to use TorFX and enjoyed a considerable saving.
- Sold house for £325,000
- Rate offered by bank: 1.3240
- Rate offered by TorFX: 1.3650
- Amount achievable from Bank: €430,316
- Amount achievable from TorFX: €443,625
*Rates correct as of August 2015
That’s a saving of €13,309 even before you take into account the money the couple’s bank would have charged in transfer fees and commission costs.
To find out how much you could save, get a free, no obligation quote today.
As a leading currency broker, the range of specialist services TorFX offers are designed to save you time and money on international money transfers, no matter what their size.
With bank-beating exchange rates and free international transfers on more than 50 global currencies, there are plenty of benefits to using TorFX.
- Competitive exchange rates – Often beating those offered by the banks by more than 3%.
- Fee-free transfers – Unlike most banks, TorFX doesn’t charge transfer fees or commission.
- Total security – TorFX operates segregated client accounts and is authorised by the FCA.
- Expert insight –TorFX supplies its clients with regular market updates so they don’t miss out on a favourable rate.
- Dedicated support – All clients are assigned their own Account Manager, there to provide a supportive, personalised service.
- A range of transfer options – Like being able to fix a favourable exchange rate for up to two years in advance of a trade.
If you've got an international money transfer coming up and want to get the best return, look into your options and find out how much money you could save.
