Saving on Currency Transfers

Transferring money across borders has never been cheap or effortless with high fees and different currency conversion rates stinging consumers at every point, especially with the banks.
But new internet-oriented currency transfer companies are promising to shake things up by slashing fees and offering better conversion rates. One of them is World First, they promise Australians who use their service will save more money than those using banks. Why there is such a big difference between the typical sell and buy prices for currency?

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– Duncan Khoury Head of Marketing at World First Australia

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