e-Pocket’s blog is a place where all your enquiries are answered. We strive to provide up to date, relevant and interesting information on the topic of remittance.
Transferring money to Europe can sometimes feel like a daunting task, especially given there are so many providers. However, when you find the right company, transferring funds overseas can be quick, affordable, and seamless. At e-Pocket, we don’t just specialise in global money transfers, we specialise in transfers to Europe. We have no transfer limits, […]
Key term: An “FX rate” is the same thing as a “foreign exchange rate”.
Simply put, “foreign exchange rate” refers to the cost of exchanging one currency into a different currency. In this blog, we will help you understand the finer details around what foreign exchange rates actually are, and the factors that affect them at any given time. We will also arm you with some helpful information that will allow you to find yourself the best deals on exchange rates. This is particularly important, considering how many ways there are now to send money overseas, and the fact the exchange rates are constantly fluctuating.
When transferring money, you need to understand the regulations.
In the process of making a currency transfer, one currency is sold to buy another. For example, when sending money from Australia to France, dollars are sold to buy euros.
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