CurrencyFair.com Blog

Money Transfer Companies Compared

If you are trying to decide which is the best way to move your money abroad (or receive money from another country), this article Money Transfer Companies Compared is exactly what you need.  Money transfer companies compared

Below are all the different options for making international money transfers. We’ll help you with some common questions like:

  • Which is better, Paypal or CurrencyFair?
  • How do currency brokers like Oz Forex compare to CurrencyFair?
  • Are banks much more expensive than CurrencyFair?
  • CurrencyFair vs Transferwise?

Remember to also check out the actual numbers in this Comparison Table.

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3 Big Media Reviews of CurrencyFair

When someone first looks into sending money abroad they naturally have questions and concerns. After all, we all work hard for our money and no-one wants to give it away to third parties if they don’t have to.

Trust is a big issue when it comes to a financial service provider.

In this article, we’ll look at how the international news media view the money transfer industry (including media reviews of CurrencyFair).

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Special Update On St Patrick’s Day Parade In Perth 2015

St Patrick’s Day (or Paddy’s Day) is beloved by people around the world and it’s extra special in the world’s most isolated capital city: Perth, Australia.

ireland-jersey Fancy winning an Ireland Rugby jersey signed by the players? Click here for more details.

In order to bring the magic of Paddy’s Day to the fine people of Perth, a special not-for-profit organisation has been established specifically to run the St Patrick’s Day Parade through the cafe district of Leederville. The organisation was founded by the  ever-active Irish Families In Perth group.

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2015 Six Nations Rugby – Round 3 Match Times & Previews

Round Three of the 2015 Six Nations kicks off on Saturday afternoon (GMT), so let’s look ahead to the fixtures and confirm the kick off times for those living in the antipodes.

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How To Send Money To And From Hong Kong [Free Download]

Do you need to send money to or from Hong Kong? How to send money to and from Hong_Kong

Worried about the hidden and very unfair exchange rates forced upon you by banks, brokers and PayPal?

Download this free guide which explains the whole process and how you can save up to 90% of the cost of international money transfers.

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How To Send Money To & From Hungary [Free Download]

If you you need to send money to or from Hungary, this free guide could help you save up to 90% of the cost of making an international money transfer. How To Send Money To And From Hungary [Free Download]

Banks and PayPal have unfair exchange rates, which they hide from you by not revealing the full cost.

In addition, many banks often also charge an upfront sending fee just for the privilege of sending your money for you.

It doesn’t have to be this way.

This free guide explains the costs (and potential savings) involved.

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Six Nations Rugby 2015 – Video Previews Of Round 2 (including TV times)

Jamie Heaslip at CurrencyFair

Irish rugby star Jamie Heaslip drops in to CurrencyFair

We’ve hit the second round of the Six Nations rugby championship so here are three excellent pre-match video previews of the big games: England v Italy, Ireland v France, Scotland v Wales.

If you would like the GMT and Australian television viewing times, click here.

In Australia?

If you are currently in Australia, you might like to know that CurrencyFair are sponsoring beIN SpORTS’ coverage down under. You can watch the 6 Nations matches live here.

Let’s get to the pre-match reviews. 

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Exchange Rate Movements And How They Affect Your International Transfer

How To Send Money To Another Country - Free Guide

Click image for free guide

If you need to send money to another country, here are two big things to watch out for:

  1. The hidden costs associated with the money transfer.
  2. The exchange rate itself.

Why?

First, banks, PayPal and other money transfer companies don’t do money transfers for free. They’re businesses so they need to make their money on every transaction. They do this by adding a ‘margin’ or ‘spread’ to the exchange rate they give you. This article won’t cover the hidden margin cost but you can read more about hidden money transfer fees here. Don’t forget that these companies usually also add upfront sending fees too.

Second, the exchange rate between currencies goes up and down all the time and it can either cost you a lot of money or save you a lot of money. In this article, we’re going to explain how exchange rates work and how they affect your international money transfer.

Exchange Rate Movements Explained [Video]

Let’s begin wtih an excellent explanation of how exchange rates work. 

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A Funny Explanation of Quantitative Easing [Video]

By now you’ve probably heard about the massive programme of quantitative easing rolled-out by the European Central Bank (or perhaps you’ve seen the explanatory infographic in this article on quantitative easing and currency exchange).

However, not everyone’s a trained economist and not everyone understands quantitative easing so, today, we’re going to help you out.

Funny Video Explains Quantitative Easing

If you don’t know what quantitative easing (or QE) is, this video will probably not be much help but it will make you laugh. 

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Congratulations To The Savetastic App Team!

We’d like to congratulate the team behind the brand new Savetastic app which recently won the top prize at the first ever banking hackathon run in Ireland. As reported in the Irish Times, their app uses a customer’s banking information to offer savings on a range of items such as utility bills, travel and shopping

We’d also like to congratulate all the other teams for their hard work, clever thinking shown at the event.Savetastic app wins hackathon

The competition called HackMakeTheBank featured around 100 designers, coders, industry mentors (including CurrencyFair’s very own CTO, Paul Phillips) and investors. The programme involved lots of brainstorming, coaching, and, of course, coding.

Our CEO and Co-Founder, Brett Meyers, was one of the judges of the awards, alongside four other tech and banking industry heavyweights.

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Cosmic Commerce

There would have been a time when the idea of using your annual leave to visit space would have been laughable. It would have simply sounded like something from a science fiction novel. But perhaps not for much longer…

With isshumans now permanently inhabiting the International Space Station and commercial flights to the cosmos soon to become something of the present, trips to outer space are looking likely to become the norm sooner than we think.

Once we’ve come to terms with the idea of going on interstellar holidays, or even living in space, one interesting question springs to mind. How would we pay for life’s essentials?

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2015 Six Nations Rugby Fixtures – Australia Time

One of the downsides of being an expat from Europe living in another time zone6nations-logo is the fact that most of the world’s major sporting events cater to the EU and US time zones, leaving many with the difficult choice of whether to stay up late, get up early or sacrifice the live action altogether. Here at CurrencyFair, we feel your pain and try to make this decision as clear as possible.

For the football World Cup last summer, we gave you all the match kick off times for those in Australia and New Zealand, and knowing how many expats are rugby fans it makes sense to do the same for the 2015 Six Nations Championship, which begins on the morning of February 7th. We’ve included times for both East and West coast zones, which are three hours apart. This means a slight advantage for those in Perth over those in Sydney, who’ll have to stay up even later to catch the live action.

We’ve teamed up with BeIN SPORTS to sponsor their coverage of the 2015 Six Nations, so if you’re in the area stick with these guys for the best live coverage – and plenty of replays throughout the day too if you can’t keep your eyes open!

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