Some foreign exchangecompanies charge commission, so find out up front what their costs are. Whether you will be charged commission on transfers and what are the transfer charges for sending your money abroad. Include asking what the receiving banks charge.
Set a realistic budget based on the current market. Use our foreign exchange historical rate charts to see what the foreign exchange rate has been over the past day. Week, month and year to get a better indication of a currency pattern for your money transfer purchase. Your Currency Dealer should explain to you what is happening and the general direction of exchange rates.