Worthwhile products
In Australia, BankWest offers a credit card with no foreign transaction fees as well as a ton of bonus frequent flyer points. Also, Citibank Australia offers free international ATM withdrawals and free international money transfers. If you were on a six-month backpacking trip that could equate to hundreds of dollars in fees, which could be much better spent elsewhere!.
Give Wise
When it comes to business dealings, unless you have great rates from your bank, you're going to want to use a money conversion start-up specifically created as a low-cost, peer-to-peer international money transfer platform. Companies like TransferWise was created in 2011 and allows you to transfer up to eight times cheaper than the bank. The technology works by finding someone who wants to do a money transfer in the opposite direction. This means that money never actually moves across borders, keeping costs down.
forex rates
People travel now more than ever, and people deal with global currencies now more than ever - in travel and business dealings - meaning forex rates affect a lot of people.
Money exchange
We all know that we should avoid money exchange houses in airports and other such places, but people don't realise that your own bank may not be giving you the best deal.
money transfer
The technology works by finding someone who wants to do a money transfer in the opposite direction. This means that money never actually moves across borders.
money conversion
When it comes to business dealings, unless you have great rates from your bank, you're going to want to use a money conversion start-up specifically created as a low-cost, peer-to-peer international money transfer platform.
