Home
FairFX Prepaid MasterCard®       ~       Looking for Corporate Cards?
FairFX Press Releases >

DOES 0 PER CENT CURRENCY EXCHANGE RATE REALLY EXIST?

Want to hear more about the myth of ‘0 per cent commission’ charged by foreign currency providers? Looking for an expert to comment on foreign currency exchange issues? Want someone to identify and explain the cheapest ways for people to spend money abroad?

Perhaps you’re looking for comment on:

• Foreign currency exchange rates

• Hidden charges levied on foreign currency purchases by providers

• The myth of 0 per cent currency exchange commission

• Pre-paid cards or foreign currency cards

• Pre-paid cards versus debit/credit cards

• Brits spending habits abroad

• New innovations in the foreign spending arena

• Top tips for getting more for your money when abroad

FairFX Plc is an internet based foreign exchange business with a technology platform that provides UK travellers with market leading foreign exchange rates. FairFX's core product is the FairFX Currency Card which is denominated in Euros and US$. The card is a Prepaid MasterCard issued by Newcastle Building Society.

Customers can buy online using debit/credit cards or internet bank transfers. By eliminating traditional methods of providing foreign currency such as Travel Money bureaus and kiosks, customers are offered business level foreign exchange rates rather than paying up to three per cent on typical UK Bank debit card usage, five per cent more on the High Street, or even up to 12 per cent more at UK airports.

FairFX has been established by a group of people committed to giving the consumer a fair deal. The business is owned by very experienced private investors and Directors. All FairFX Directors are substantial investors in the Company. FairFX is a Public Limited Company and has a Money Service Provider Licence issued by HMRC (Her Majesty's Revenue and Customs).

Monday 23 June 2008, 05:08pm

Tags: 0% commission, 0% myth, cash abroad, hidden charges, interest rate, opodo

feed
Subscribe to our feed

Updates by email:

Latest Posts

Monthly Archives

2011

September (1 entry)

June (1 entry)

May (1 entry)

January (1 entry)

2010

November (1 entry)

September (2 entries)

May (1 entry)

March (1 entry)

2009

November (3 entries)

October (2 entries)

September (1 entry)

August (1 entry)

June (2 entries)

May (2 entries)

March (1 entry)

Febuary (2 entries)

January (5 entries)

2008

December (4 entries)

November (1 entry)

October (3 entries)

September (1 entry)

August (2 entries)

July (3 entries)

June (3 entries)

May (3 entries)

April (1 entry)

March (4 entries)

Febuary (1 entry)

2007

November (1 entry)

Tags

0% commission 0% myth 4th july APACS Australian dollar European Central Bank Federal Reserve G20 meeting Germany ICE M&S Money Transfer US employment data USD YouGov abroad airport airports bank of england banks best exchange rates best rates birmingham airport business expenses business expenses platform business expenses software cash cash abroad charges chip and PIN compare rates consumers corporate expenses credit crisis credit crunch currency currency card currency card discussion currency card reviews currency charges currency discussion currency exchange currency providers currency rates currency report currency volatility dollar dollar exchange rates dollar rates euro euro rate europe travel euros exchange rates fairfx fairfx.net fairpay feeling the pinch foreign foreign currency forex fraud fraud protection free card free fiver free money gap year global stock markets heathrow hidden charges holiday holiday charges holiday costs holiday money holidaymakers independence day industry interest rate interest rates international money transfer lock in rates london city luton market movement marks & spencer matalan monetary policy committee money supermarket mpc new york opodo partnership post office pound pound weakness prepaid cards press press mentions qe quantitative easing recession research round the world ryanair cash passport ryanair charges ryanair currency card ryanair fees ryanair prepaid mastercard ryanair travel card save money saving money ski holiday sms banking sms services sms top-up south africa south africa travel south african rand spending cuts spending power stephen heath sterling strong dollar strong euro students study summer holiday text top-up thomas cook top travel tips tourist rates of exchange transfer money from the uk travel travel cash travel money travel money card travel plans travel tips travelex travellers us dollar venice film festival withdrawing cash world cup travel