There is an unspoken rule in the FX market, which is quite simply "Take whatever margin you can get away with". That means most companies who have not dedicated enough time and effort to managing their FX costs are paying more than they need to. Often much more.
It takes deep knowledge of the FX market, the key players, their price tolerance, their products and services and many other factors to be able to secure the most competitive rates available in the market.
betterFX will do that for you.
You get charged nothing at all, as betterFX gets paid a small referral fee from the FX providers it brings new customers to
This model means that betterFX is motivated to do one thing only. To save you as much as we possibly can. This is the complete opposite of what the banks and non-bank FX providers are motivated to do.
In some cases this will mean staying with your existing provider(s) or it may mean that the best option is to switch to another provider to get the best overall deal.