Which Way to Pay Australia Launches Currency Exchange Table for Easy Rate Comparison
Statistics from the international trade industry indicate at least $1 trillion dollars in currency exchange transactions take place on a daily basis, depicting a growth of 40 percent over the last decade. While this number includes government and corporate commerce, small business and private transactions account for more than 30 percent of the financial activity. The increasing demand for these exchanges has led to an upsurge in the number of foreign exchange companies offering their services to the public; however, it has also brought about increased variations in rates and fees charged by those companies. In an effort to ensure consumers receive the best rates available, Which Way To Pay Australia has launched their comparison table of the world's leading foreign exchange companies.
Visit Which Way to Pay Australia for Assistance with Currency Exchange
Buying and selling currency involves an understanding of Currency Exchange and current rates and yet many don't realize that several companies offer lower margins than seen with inter-bank rates. Some banks charge a margin of five percent plus extra fees, such as commissions.