Essential Services
Foreign Currency Exchange
Foreign Currency Exchange FAQs
Is there a minimum amount I can exchange? The Australian Dollar surged to an 11 year high against Sterling in April after Australian consumer price inflation rose to its highest level since 1991 and Sterling continued to come under pressure from the effects of the credit crunch. The sharp decline from the beginning of the month came as the Bank of England cut interest rates to 5% as they battle with slowing growth and the falling housing market. Read this article in full
| Is there a minimum amount I can exchange? |
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No, however we suggest you speak to a member of the HiFX Private Client Team to ensure the transaction is cost effective if it is a small amount. Please bear in mind however that for one off payments, commercial rates can only be achieved if the amount is £5000 or above.
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I was extremely impressed with the quality of the service and friendliness of HiFX. I will not hesitate to pick up the phone in future, such is my confidence. Ben Smith. |
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