First Foreign Exchange, the site for finding Currency Exchange
Welcome to First Foreign Exchange, the site for finding Currency Exchange. Whether you have employees based in another country and are trying to find solutions to pay them, looking to buy a house overseas or are going on holiday and want to explore all the options available to obtain travel money (traveller's cheques, travel cash or Travel FX Cards) – First Foreign Exchange offer competitive solutions for all your Foreign Exchange Needs.
Foreign Currency Exchange Brokers
Please see a list of Foreign Exchange Services in the table below for you to compare. Foreign Exchange specialists are perfect for buying or transferring large amounts of foreign currency, in other words around £5,000 and above. For example, you may need to transfer £17,000 from your GBP account to a Euro account. Using a Foreign Exchange service will guarantee you the best exchange rates and be a much quicker and simpler process. Anyone who's ever tried to transfer money between currencies with their regular bank knows it can be a lengthy procedure and then the rates are poor too – meaning money is wasted in the exchange. Foreign Exchange banks not only get great rates, but they pass these on to their customers. You may need to transfer or buy foreign currency for a range of reasons, be it buying overseas property, emigrating or for business purposes. In all cases, a Foreign Exchange Specialists can make the process easy. Simply apply (use the "Apply" button next to your chosen company below) and a broker will call you to arrange an account set-up. This is so quick that in most cases you can make the transfer within hours.
The exact exchange rate you will receive is determined by a number of factors including the amount you are transferring, the currency you are buying and what the current interbank rate is. The interbank rate is the rate at which banks trade money between themselves. Currency exchange brokers will offer you much better exchange rates than your bank. They can do so because they deal in larger volumes of currency and work with live rates so they can get closer to the interbank rate. Not only can foreign exchange brokers offer far more competitive rates than the banks but they can also offer quicker transactions. Most brokers will not charge a commission and there are no hidden charges. Please note however, there may be a charge for transfers under a certain amount.