So you’ve moved abroad and are planning to stay there for a few years or even permanently? Then chances are you have bank accounts and savings back home that at some point you’ll want to bring over to your new country. Or you’ll want to remit money from the new country to pay for a mortgage or other expenses back home. So what’s the best way to do it? Research shows that you're unlikely to get the best deal from your bank. Read this to find out more!
Choosing the right time to buy or sell currency is an arcane art rather than a scientific skill. Nevertheless, good information can help take some of the guesswork out of it - and that's just what OzForex are offering here!
With the perpetual ups and downs of the international money markets, choosing the right time to make a transfer can be tricky! Fortunately, help is at hand with Ozforex's daily commentary on the major currencies' movements.
When making international money transfers it is important to remember the impact fluctuating exchange rates can have on your wealth. However, with some simple planning you can protect yourself and get the best possible exchange rates.
"When it comes to buying a home in a foreign country it is surprising that currency is often given very little consideration. It isn't as important as the location or price of the property, but it will certainly be important if you are trying to stick to a budget." Martin Steencamp of Foreign Currency Exchange explains how to make sure that currency movements don't give you a nasty shock when buying property overseas.