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How do I send money overseas?
Watch this short video and see for yourself how easy it is to transfer money internationally.
Why use UKForex?
Operating since 2005, we are one of the largest online foreign exchange providers. Get competitive rates and pay low or no fees at all.
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Business Forex
How do I send money overseas?
Watch this short video and see for yourself how easy it is to transfer money internationally.
Why use UKForex?
Operating since 2005, we are one of the largest online foreign exchange providers. Get competitive rates and pay low or no fees at all.
For your overseas business
Save time & money with UKForex to make and receive international payments and conduct business abroad.
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Testimonials
Find out what our customers have to say about our service.
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Forex Guides and info
Rates and Market news
Personal Forex Case Studies
The case studies below are based on real transactions made by some of our clients. Their names have been changed to maintain their confidentiality.
First Case Study - Client Moving From the UK to the US
Nigel sold his house in the UK for £250,000 as he was relocating to the United States. He also needed to convert his Pounds Sterling proceeds into the equivalent amount of U.S. Dollars to purchase a U.S. property to live in.
Nigel contacted his local bank and was quoted a GBP/USD exchange rate of 1.5000 to sell his £250,000 and purchase U.S. Dollars. This meant he would receive $375,000, and the bank would have also charged him a £30 fee ($45).
Nigel then asked UKForex for a quote and was given a much better GBP/USD rate of 1.5950 for him to sell his £250,000 for U.S. Dollars. Dealing on this quote instead of his bank’s meant that Nigel received $398,750 for his Pounds, and he did not have to pay a fee.
| Nigel saved: | $23,750 from the better exchange rate at UKForex |
| $45 by not having to pay his bank's fee | |
| $23,795 TOTAL SAVINGS |
Case Study - UK Client Buys Boat From Greek Seller
John is a London-based boating enthusiast who needs to purchase 20,000 Euros with British Pounds to pay for a boat that he wishes to buy from its Greek owner.
John initially asked his local UK bank for a quote on the EUR/GBP exchange rate and received a rate of 0.8500. This rate would result in a Pound Sterling cost of £17,000 for the 20,000 Euros required to make the purchase, and his bank also wanted to charge him a £15 fee.
John then contacted UKForex and was quoted a better EUR/GBP rate of 0.8050 for him to buy the 20,000 Euros. This resulted in a cost of only £16,100, without having any fees charged to him.
| David saved: | £900 on the rate |
| £15 on the fee | |
| £915 TOTAL |
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