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For access to your online account please contact your personal account manager, alternatively email team@regencyfx.com.
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For access to your online account please contact your personal account manager, alternatively email team@regencyfx.com.
As the world becomes increasingly connected, more people and businesses need to send money internationally. Traditionally, banks have been the go-to option, but currency brokers are emerging as a smarter alternative.
Here’s why using a broker could make your next transfer easier, faster, and more cost-effective.
Banks often charge multiple fees - wire fees, intermediary charges, or hidden costs which can add up quickly, especially for large transfers.
Currency brokers typically offer better exchange rates and transparent fees, helping you save significant amounts.
Example: Sending £100,000 via a broker could save you thousands compared to using a traditional bank.
Unlike banks, brokers specialise in currency transfer exchange and international transactions. They can provide tailored advice, market insights and a dedicated point of contact, making your experience smoother and less stressful.
Whether it’s your first transfer or a regular one, having expert guidance can help avoid costly mistakes.
Currency markets fluctuate constantly. Brokers have real-time market knowledge and can advise on the best time to make your transfer.
This can help you get more value for your money compared to relying on banks with slower, less flexible processes.
Time-sensitive transfers like paying an overseas supplier or buying property abroad can be delayed by bank bureaucracy.
Brokers streamline the process, often making transfers faster and more reliable. For large sums, speed can save both money and headaches.
Exchange rate fluctuations can impact the value of your transfer. Brokers offer tools such as forward contracts or options, which allow you to lock in rates in advance.
This gives you certainty and protects your funds from unexpected market shifts.
Whether you’re a business sending large payments or an individual moving money internationally, brokers offer cost savings, personalised service, speed and risk protection. Banks are reliable, but brokers often provide more flexibility and better value for your international transfers.
Switching to a currency broker could make your next transfer simpler, faster and more cost-effective.
Ready to save time and money on your next transfer? Get a free, no-obligation quote today.
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