Foreign Currency

In today’s competitive market where margins are being squeezed, it is essential to maximise profits. Quite simply, the less you have to pay for your foreign exchange transaction, the more of your profit you retain.

If you trade in foreign currency in amounts less than £1,000,000 then the rates given by the usual banking system can be poor. CurrencyUK is a foreign currency broker set specifically to address this inadequacy.

For example, on 23 September 2003 NatWest were offering the US Dollar at £1 = $1.6240. CurrencyUK exchanged £45,000 for a customer at a rate of 1.6470. The customer received $74,115, which was $1,035.00 more that he would have received using the NatWest rate.

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