Sending money overseas / Entertainment / The Foreigner

Sending money overseas. ADVERTISEMENT: There are some important currency considerations when transferring funds internationally. You would think using your bank is the easiest and most cost effective way of sending money internationally. This is mostly not correct. If you’re sending money to/from Norway – perhaps from a US, UK, or Canadian bank account, moving to/from Norway – you may be surprised at how much you could save using a specialist currency exchange provider. This also includes buying or selling property abroad.

currencyexchange, norwaykrone



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Norske nyheter på engelsk fra Norge. The Foreigner er en engelskspråklig internett avis for de som bor eller som er interessert i Norge.

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Sending money overseas

Published on Friday, 1st March, 2013 at 13:23 under the entertainment category, by UK Forex.
Last Updated on 4th March 2013 at 14:41.

ADVERTISEMENT: There are some important currency considerations when transferring funds internationally.

UK office
UK office
Photo: Kurt Coleman/UKForex


You would think using your bank is the easiest and most cost effective way of sending money internationally. This is mostly not correct.

If you’re sending money to/from Norway – perhaps from a US, UK, or Canadian bank account, moving to/from Norway – you may be surprised at how much you could save using a specialist currency exchange provider. This also includes buying or selling property abroad.

High bank transfer fees and poor rates of exchange have a huge impact on the amount of Kroner, Dollars, Pounds or Euros you end up with. Using a specialist foreign exchange provider is a savvy alternative to traditional banks, in the meantime.

Generally-speaking, specialist foreign exchange providers offer private customers the same exchange rates that banks usually reserve for large corporate customers.

Foreign exchange specialists also transfer funds quickly. The receiving bank will often receive the funds on the same day that you transfer.

Timing is everything when it comes to exchanging and transferring funds. A currency exchange provider will allocate you your own expert dealer rather than leaving it to chance or going with the exchange rate you are given.

There are ways to reduce currency risks and ensure your money goes further. Don’t just leave the exchange rate to your bank, UKForex is a good alternative.

UKForex

Since its launch in 2005, UKForex has become one of the world’s largest online foreign exchange providers by offering competitive exchange rates, up-to-date technology, and excellent customer service.

Part of the OZForex Group, UKForex offers a 24/5 service in offices across London, San Francisco, Toronto, Hong Kong and Sydney.

The OzForex Group completes over 350,000 fund transfers every year on behalf of our 100,000+ transacting customers globally.

UK Forex is authorised and regulated by the Financial Services Authority (FRN: 521566) for the provision of payment services. UKForex is also regulated by HMRC (Her Majesty’s Revenue and Customs as a Money Services Business (MSB): 12219180



Published on Friday, 1st March, 2013 at 13:23 under the entertainment category, by UK Forex.
Last updated on 4th March 2013 at 14:41.

This post has the following tags: currencyexchange, norwaykrone.





  
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