How to Get Great Rates on Your Foreign Currency Exchange

by | Nov 16, 2018 | Financial Services

When you want a currency exchange near Elk Grove Village, you want to find the best exchange rates, the best exchange options and fast access to the money you need for the foreign country you are visiting. Rather than heading to your bank, which may offer you drastically higher exchange rates or large fees, we recommend that you choose an independent company that can help you get amazing rates in the following three ways.

Consider the Constant Changes

Exchange rates change frequently. In fact, they change by small bits every few minutes. By choosing a company with a lower exchange rate, you will know that they are treating you with honesty. Ask how frequently your chosen company adjusts their rates.

Consider Fees Plus Rates

However, another important consideration to make is in regard to the fees. Even if you find a great rate, you may be surprised to see the extra amount tacked on by fees. Consider whether the fee is a percentage of the amount that you are exchanging or is a simple one-time flat fee. Sometimes, fees that appear larger initially may save you money in the end.

Consider Delayed Funds

Finally, consider how quickly you need your funds. If you have several days to a week before you need your currency, you may ask your exchange office to wait for the best rate. Ask your provider whether they have a flexible plan such as this.

When you choose West Suburban Currency Exchanges, Inc. for currency exchange near Elk Grove Village, you can know that you are getting the best possible rate that we can offer at that moment. Learn more about our foreign currency exchange programs as well as other financial services that we provide.

Latest Articles

Categories

Archives