Save money on your currency transfers
Most expats have a need at some point to move money between currencies and it makes sense to do this securely, easily, and where you can potentially save a significant amount of money.
If you are planning on a currency transfer of a minimum of GBP 1,700, AED 8,000, or equivalent in any currency, you can take advantage of exchange rates that are significantly more competitive than those offered by your own bank.
And save up to 3% on the cost of transferring – without any fees.
Your bank (whether in the UAE or elsewhere) will not give you the best rates and while many say they won’t charge you a fee, they make their profit on the poor rate of exchange they give you. But there is another way…
The good news is that for minimal effort, and without leaving to need leave your home or office, you can benefit from far better rates by using the right currency broker. You save save hundred or thousands of Dirhams by being smart.
Not all currency brokers are the same so it is important that not only do you get a good rate of exchange, without fees, but also that you use a company with the highest level of regulation.
It is particularly important that you only use a properly regulated company so your money is always safe.
We recommend a specific company that is regulated by the Financial Conduct Authority in the UK so you get a better level of security and regulation than with any UAE set up, or any of the fintechs.
All of this company’s trading, banking and treasury are held in the UK and they hold one of the highest credit ratings of any UK based FX broker currently 95% holding an A rating.
This company also has an office in Dubai, with helpful and friendly staff who will guide you every step of the way.
To get a personalised introduction so you get the very best rates and service click HERE to send an email to one of our admins who will email you back with full details, a personal introduction, and no obligation. Add the subject line of “currency transfer”.
We use this system ourselves and have done for over 16 years.
We all want to get the best value for our hard-earned money and this is the best way to make savings when transferring between any currencies.
This system is for both individuals and companies. If you oversee currency transfers for a business you have a fiduciary duty to get best value at no risk, so this is ideal for you too.
We receive a small fee for introductions – which does not affect the rate you receive – and this helps fund the running of the large Facebook group, all the time taken to do so, and the large volume of advice given to group members privately.