Are you really getting the best exchange rate from your existing currency exchange company? There are a large percentage of foreign exchange providers who will widen the rate of exchange over time so they can increase their margin rates of profit and if you don't notice this will continue to happen and the greed will set in. Once the greed sets in the currency broker will then continue to push their luck to see what they can get away with and overtime you could end up getting the same rate as your banks will offer.
Is your Currency Company Ripping you off
Thats why Compare money transfer created the MOT form for businesses and consumers that want to see if they really are getting the best rate of exchange. Using the form is free with no obligation to buy currency. What it does enable you to do is for you and your business to see how you really are being charged. We will call you and ask you a load of questions which at the end will be able to inform you if you are getting the best currency deal or not. If your currency exchange company is being true to their word and you are getting the best rate available then stick with them, if not then we will ask a few more questions and give you a selection of foreign exchange brokers from an impartial view. From this you can choose to take one up or look further, if at any time you need assistance then we are here to help.
How do I know if my currency company is offering me the best rates?
Just complete the form providing as much information about the currency trade as possible, Compare transfer money team then use this information and then look at our historical currency exchange charts to give you an indication of the rate you should expect to get. There will always be a variance due to the time sent may have been later than you were told but what we are looking for are major fluctuations where it is clear they are offering you a wider rate of exchange. If you a getting a good deal from your current provider we will also be honest and say so!
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