There are many ways to buy and sell US Dollars, but our currency brokers will buy and sell USD for you at the very best exchange rates available.

When buying, or selling, a property in Florida, many customers ignore the currency exchange rate right until the moment that they need to make a money transfer. This is usually a very costly mistake. By this time, you won’t have any option but to buy your dollars at whatever rate your bank gives you. When buying a property, the amounts are significant. By using a good currency broker, you will beat the bank’s rate and save on the 0% commission offered by the broker.

If you choose to use your bank, it’s likely that they will not necessarily:

1. Grant you the best rate of exchange available at that moment
2. They are likely to charge you a commission
3. They will almost definitely charge a fee for making the money transfer to Florida

If you knew about a way to save on each of the 3 areas, it’s likely you would use it, especially, as the foreign exchange specialists are usually faster than the high street banks as it’s all they do!

Our foreign exchange specialists, fx-foreignexchange.com are now the more likely route for a second property buyer, or expat, for larger currency transfers to Florida.

The advantages of using FX-Foreignexchange to exchange currency to Dollars are:

• The service is safe and swift.
• They generally offer a better rate of exchange (Saving thousands on larger transactions).
• They don’t charge a commission.
• They don’t charge a fee to transfer the money.
• You can also set a rate of exchange that you are prepared to deal at, and FX-Foreignexchange will contact you when the currencies meet that figure so you can buy at the best rate of exchange.

The disadvantage, when compared to a high street bank, is difficult to see as there doesn’t appear to be one!

Open a Free Currency Exchange account with us to make your Bank-to-Bank transfers much better value.

If you are looking to exchange your currency into US Dollars, call FX-Foreignexchange on +44 (0)1480 458400 for a quote, or simply ask for an explanation on how to save money when transferring abroad.