The rates on foreign currency are not what they were a few years ago – or not for the British anyway! Where the US dollar was worth 2 to the pound in 2008, you would now be lucky to get 1.5! This is bad enough for the average holidaymaker, but with businesses already suffering from other aspects of the recession, foreign trade has taken a serious hit. As the pound plummets, many individuals and businesses are moving abroad to take advantage of the better rates available there.
It needn’t all be doom and gloom however. Foreign Currency Direct can help to make it affordable to buy foreign currency again. They deal directly with the currency markets and through trading in high volumes they are able to get the best exchange rates available, as well as having minimal running costs compared to banks. You will be allocated a personal account manager who will take the time to get to know your business’s requirements and working with an experienced currency broker will allow you to buy foreign currency at a commercial exchange rate which is 4% better than that of the high street banks. What’s more, in addition to benefiting from the best exchange rates around, you will also have absolutely no commission or fees to pay, which usually cut into whatever you might have saved.
Recommended by Money Saving Expert Martin Lewis, and hundreds of satisfied customers, you can rest assured that your money is in safe hands, as well as receiving the benefit of FCD’s expertise to advise you on how and when to move your money to obtain the best deal. For even further security, FCD pioneered the internationally-recognised Irrevocable Payment Document, which serves as proof of payment and can be faxed or posted to you for just a small extra fee.