{"id":15891,"date":"2017-12-07T15:00:00","date_gmt":"2017-12-07T20:00:00","guid":{"rendered":"http:\/\/www.escapeartist.com\/?p=15891"},"modified":"2020-06-05T09:48:36","modified_gmt":"2020-06-05T13:48:36","slug":"international-money-transfer-services-gateway-financial-freedom-abroad","status":"publish","type":"post","link":"https:\/\/www.escapeartist.com\/blog\/international-money-transfer-services-gateway-financial-freedom-abroad\/","title":{"rendered":"International Money Transfer Services: Your Gateway to Financial Freedom Abroad"},"content":{"rendered":"
For the internationally-minded out there, the world is a limitless source of opportunity. Traditional obstacles such as country borders, oceans, and language are no match for today\u2019s crop of worldwide entrepreneurs and digital nomads. In this age of globalized business, the transfer of money across states, countries, and continents has never been more prevalent. While this has opened unimaginable doors for business and personal financial growth, it has also put a focus on how money is being dealt between different currencies. <\/span><\/p>\n Without careful consideration, <\/span>you could be leaving tens of thousands of dollars<\/span><\/a> on the ocean floor, simply by choosing the wrong method of transferring money internationally – whether it be receiving foreign income, paying foreign employees, or purchasing overseas real estate. <\/span><\/p>\n Instead of using traditional banks to wire money and convert currency, <\/span>consider an International Money Transfer Service<\/b>. These services will allow you to tailor your needs in order to achieve the best possible conversion rates and make business dealings in multiple currencies as cost-efficient as possible. <\/span>One of the most trusted such services, <\/b>Moneycorp<\/b><\/a>, has been focusing on the business of international exchange for <\/span>over 35 years<\/span>.<\/span><\/p>\n Based out of the UK, with offices in Florida, Spain, Ireland, and France, Moneycorp is one of the industry leaders when it comes to non-bank exchange services. The company is split into three main division, each with a specific targeted focus:<\/span><\/p>\n (1) <\/span>Bureau de Change<\/span><\/i>: Currency exchange branches with over 30 locations within the UK and abroad. <\/span><\/p>\n (2) <\/span>Commercial Foreign Exchange<\/span><\/i> (CFX)<\/span>: Service providing foreign exchange to businesses and individuals. This includes forward currency delivery and priority global payments.<\/span><\/p>\n (3) <\/span>Wholesale Banknotes<\/span><\/i>: Clients include banks, exchange offices, government organizations, financial retailers, money transfer businesses, and corporations. <\/span><\/p>\n Moneycorp vs. Traditional Banks<\/b><\/p>\n Moneycorp uses its targeted knowledge and expertise to create individual solutions to maximize value on your overseas transfers, get you the most competitive rates of exchange, and tailor a plan based on your exact overseas needs and requirements. <\/span><\/p>\n Moneycorp focuses on getting you the most competitive exchange rates possible. According to the company, rates average 4% better than at traditional banks, and with vastly cheaper fees (banks will charge up to $70 USD for every transaction, a price that can add up significantly over time). \u00a0Everyone who signs up for a Moneycorp account, regardless of whether they actually use the service to make a transfer, will receive a personal currency specialist to help strategize a plan to get you the most cost-effective transfers possible. Online help is available 24\/7 to assist you in money exchange at any hour of the day. <\/span><\/p>\n Unique Features of Using Moneycorp<\/b><\/p>\n Perhaps the most singularly beneficial aspect of using Moneycorp for your overseas transfers is their ability to monitor the market to make sure you\u2019re never on the losing end of fluctuating exchange rates. This Rate Watch is what really separates Moneycorp from traditional banks. There are a few ways they accomplish this goal for their clients:<\/span><\/p>\n\n