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Change currency online

Posted by AlexC October - 25 - 2012 - Thursday

It used to be a headache whenever you had to change money from one currency to another, necessitating a trip down to the bank or a call to a foreign exchange broker to do the trade for you.

However, with the arrival of websites like it’s all got a lot easier, quicker and cheaper too. Now, anyone with a HiFX account can carry out an international money transfer at any time from the comfort of their own home – or the office. Anywhere, in fact, where you have an internet connection.

HiFX trades currencies around the world for its customers – moving over £9 billion a year. The large turnover means that HiFX can pass on better rates to its customers, who can move anything between £50 and £300,000 a day.

It’s ideal for small and medium sized businesses, but also great for individuals who need to move money from one currency to another. And if you have regular payments to make, then these can be set up easily from your HiFX account pages.

To make a currency trade, it’s simple. You log in to your account, decide how much you want to sell or buy, and type in the amount. You then receive a real time quote, with the rate offered visible on the screen. If you’re happy, all you need to do is click to confirm the price and arrange payment to HiFX either by BACS or internet banking.

However, if the rate isn’t what you want, you can set a target rate and wait for that to be met. HiFX will send you an automatic email notification when the target is reached, ensuring that you get the best price for your money.

Having a HiFX account means that you can move money internationally whenever you need to, with no waiting and no hassle.

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