A Guide To The World Of Foreign Exchange And International Money Transfers

CanuckAbroad » A Guide To The World Of Foreign Exchange And International Money Transfers

Emigrating? Moving overseas for a short while? Buying a property overseas?

Moving to a new country is a massive undertaking and will probably be one of the biggest decisions you can ever make. Many people who make a long term move to another country are often not prepared for the complications that occur in their financial matters.

To ensure that you get the best possible start in your new country of residence, you will need to ensure you have sufficient funds and carefully choose the method of transferring the funds into your new home currency. A seemingly small difference in the exchange rate can have a large impact on your savings. Maximizing the proceeds of your exchange will give you a great start in your new country and you can only achieve this with a competitive exchange rate and good advice.

CanadianForex offers corporate rates and services to individuals, which means great savings on your international transfers and more money for you at the other end. You can do all your business online or over the phone to save you time. Our secure dealing facilities have been designed to be easy to use and provide timely and relevant information to our clients. Simply logon and deal with us online at any time.

When transferring funds with us you can use our extensive range of currency tools to watch the exchange rate and make the conversion at a time (and the rate) that suits you. A dealer can also be assigned to you to ensure that everything goes smoothly and that you have access to professional advice and service. Your dealer can also help you formulate a strategy to minimize your exposure to the market and assist in increasing the amount of foreign currency you will receive.

CanadianForex offers a completely transparent service where you can compare our rates with the wholesale rates and against your bank’s rates. Using CanadianForex is a breeze - simply follow these steps to transact:
1. Register with CanadianForex
2. Login and request a live (and dealable) rate
3. Confirm your rate, deal and payee details with CanadianForex
4. Transfer payment to CanadianForex
5. CanadianForex transfers your funds to the beneficiary
** Please note: CanadianForex does not deal in cash or travellers cheques. CanadianForex does not accept payment by credit card, cash or cheque. CanadianForex does not provide transfer of funds to the Russia, Phillipines, Thailand, Indonesia, Malaysia and a range of other countries. The minimum transfer size is CAD$ 500 or equivalent.

There is no obligation or cost to REGISTER so why not check out our live rates and compare them with what you currently receive?