In today’s increasingly global economy there are many reasons why you might want to transfer money abroad - to buy goods or services from another country, support a relative living overseas, pay the rent or mortgage on a property, or transfer salary or pension contributions into a foreign bank account, to list just a few.
Whether you’re making a one-off payment or want to make regular transfers, IFX can help you manage your payments safely, quickly and more cost effectively than any high street bank.
As a specialist foreign exchange consultancy, we are able to offer our clients access to exchange rates not offered by regular banks – and unlike your bank, we don’t charge any additional fees or commissions on your rate of exchange.
And because we expedite our currency transfers through our international banking partners, IFX is able to deliver same day to your nominated bank anywhere in Europe and the USA.
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Money Transfer Example
Suppose you bought a pied a terre in Paris, on a 15-year European mortgage with repayments of €1400 per month.
With the difference between our wholesale exchange rate (€1.48) and your banks high street rate (€1.41), and our lower monthly transfer fee (£10 compared to your bank’s £30) IFX could save you almost £70 per month, and more than £12,000 over the term of the mortgage.
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