1. My bank will provide me with the best exchange rates; after all I have been their customer for several years!
Whether you are transferring £5000 or £50,000, normally banks would provide you with “tourist rates”. It would be very similar to when you change your £200 into Euros at a Bureau de change at the airport. This may or may not be the best rate! At RationalFX, we buy currency in bulk from the market at a wholesale rate and pass on the benefit to you.
2. I feel lost in the currency jargon. I definitely need to be a currency guru to get a good rate!
You do not need to know any jargon. At RationalFX, your dedicated account manager will explain you various deal options in plain and simple English so that you can make an informed decision. Your account manager would be your one point contact for all your foreign exchange needs.
3. The amount that I am transferring is not that big, it won't make much difference anyway!
Money saved is money earned! You would be surprised how much money you can save by using us. Give us a call to find our how much can we save you!
4. Irrespective of the amount, I will have to pay the Wire transfer fees.
The wire transfer fee is not mandatory at all. If you are transferring over £5,000, we provide you with completely free express transfer to anywhere in the world
5. As the rate is good right now, I should buy it now
Exchange rates fluctuate all the time. We offer a way that you can secure yourself into a rate for anything up to 2 years. You will only need to put down 10% of the amount that you wish to transfer, as deposit. This way you have taken your risk out of the market and can still earn interest on the larger part of your Sterling.
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