People working abroad on short contracts might be wondering what the best way to send money to the UK is.
While a bank-to-bank transfer could look like the simplest option, you may well lose out by moving money this way.
Banks tend to charge a per-transfer fee. So while they offer the convenience of sending money direct to your bank account in the UK, you will be charged unnecessarily for doing so.
Using a foreign exchange broker avoids this problem. You will still be able to send money to a UK bank account directly, but the rate of sterling currency exchange is much more competitive than those on offer at the high street banks.
Furthermore, security need not be a worry since RationalFX is regulated by the Financial Services Authority and provides a secure way of sending money overseas.
Opening an online account today will let you see exactly how good the firm's currency exchange rates are.