If you are an expatriate we are sure you are all too familiar with the inevitable consequences of living abroad, having assets and financial dealings in more than one country, and working in two or more currencies.
Many of us switch currencies and move money from one place to another without giving it a second thought, yet most expatriates are being overcharged on foreign exchange transactions.
Banks typically charge a foreign exchange fee on currency transfers of between 2% and 4% and, for ‘exotic’ currencies, even more.
This may appear immaterial on small transactions but, add a few of those small transactions together over time, or apply the charges to major transfers or asset purchase, such as property purchase or maintenance, salary conversion, and education expenses, and it amounts to a significant cost.
A Better Solution
To offer a professional currency management service to all United Advisers clients we have partnered with Aston Currency Management, a UK company regulated by the Financial Conduct Authority (FCA) with over forty years combined experience in the foreign exchange industry, to deliver a high quality service with benefits that go beyond just providing a “better exchange rate”….learn more
