The Currency Exchange Site Launches Comparison Pages for International Money Transfers

With uncertainty over how the pound will perform in the coming months, the Currency Exchange Site is helping out people who need to make international payments. A new international money transfer section to the website compares foreign exchange specialists and explains the finer details of sending money abroad, so that everyone can find their best deal. End Quote

(1888PressRelease) May 06, 2010 - The recent rise in interest in overseas property is expected to boost the number of British-owned overseas holiday homes from the current estimate of 430,000 (The Telegraph). For these individuals, and the many others who have made investments overseas in assets such as boats, land, or artwork, the real purchase price or monthly upkeep and mortgage costs of these investments are significantly impacted by even minor changes in the currency exchange rates.

In early 2010 it seemed that the pound was on the road to recovery following the exchange rate lows reached during 2009. However, over recent weeks the pound has lost strength against other currencies as uncertainty over the outcome of the UK General Election continues. Whatever the result, anyone with interests overseas will continue to closely watch the currency exchange markets for signs of any improvement as the new government strives to improve the UK's economic situation.

In this time of uncertainty, to help Britons save money and find the best foreign exchange rates available to them when transferring money internationally the Currency Exchange Site is pleased to announce the launch of a new International Money Transfer section to its comparison website, http://www.currencyexchange-uk.co.uk/index.php/money-transfers.html.

The site provides comprehensive information on eight foreign exchange brokers, including the typical foreign exchange margins applied and typical transaction fees. The different products for international money transfers are also explained in detail. So, whether you want to protect yourself against currency fluctuations or set payments for a point in the future, you can identify the right product for you. The next time you need to send money overseas, visit the Currency Exchange Site and find the foreign exchange specialist who suits your needs best.

Marketing Director, Claire Jakeways commented "We are very pleased to announce the launch of the International Money Transfer pages of our website. The Currency Exchange Site is committed to helping consumers find the best deal when exchanging currency, whether for travel money or larger overseas remittances. This new addition allows us to take a step closer towards achieving this goal. "

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