Do you need to send money to a different country, or do you just need money in a different currency?
Foreign Exchange (FX) is your tool to buying, selling and exchanging currencies at current or determined prices.
Expatriates send vast amounts of money back to their home countries on a daily basis, all of which is subject to currency rate fluctuations – so if you send back a fixed amount each month there could be vast differences in what reaches your account.
In reality, Foreign Exchange wastes billions of peoples cash balances daily simply by needing a different currency that they hold. Due to the larger size and higher running costs banks charge lots of spread in currency.
We can introduce you brokers that will make your trades at a fraction of the price.