At a loss over losing money when you need to send cash back home? It’s a common problem for expats who are getting stung by excessive fees and hidden charges from banks. With CurrencyFair, an online marketplace, secure transactions are made faster and far cheaper. Sending Money Abroad – this article was written exclusively for Expat...

Since 2009, CurrencyFair has been providing low-cost currency transfers, saving their customers up to 88% of the total cost involved, in a market which sees around $5 trillion transferred every single day. Having transferred over €4 billion to date, CurrencyFair is well positioned to increase consumers’ awareness of traditional banking practices (and fees!) in this...