These days, we all have a need to
move money from one currency to another at some time. With business taking on
an international nature, even if you just produce hand-made goods at home that
you sell online, there’s nothing to stop you receiving orders from other
countries or getting stock from another country that you have to pay for in
another currency.
When people only had to move money
internationally occasionally, they’d use a bank’s foreign exchange counter or
set up an international money order, but these took time and had transfer fees
attached which added to the cost. But for something that wasn’t needed more
than a couple of times a year, it didn’t seem worth the effort of setting up an
account with a currency broker.
Now, however, it’s so simple to
set up an account online that everyone should have one – just for those odd
occasions when you need to move money safely, quickly and easily. Just as with
internet banking, the world of currency exchange has moved on incredibly. Using HiFX
International Payments couldn’t be easier and it’s simple to set up a
HiFX account. Once you have an account, you can get a currency quote at any
time of day (or night) and if you’re happy with the rate that you’re offered,
you just need to click to confirm an order.
On the other hand, if you want to
wait for a better rate, you can use the HiFX market watch system to set an
exchange rate target for a particular currency and then receive an email
notification when that target has been reached. This means that you get to know
the best time to move your money without having to sit and watch the exchange
rates yourself.
Setting up a HiFX account doesn’t
oblige you to use the service – ever – but it’s good to know that you have one
set up and ready to go for those times you do need to move money across
borders.
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