Finance & Taxation

Banking in France
- 1. Introduction
- 2. Which Bank?
- 3. Opening a Bank Account
- 4. Running Your Bank Account
- 5. French Bank Cards
- 6. French Cheques
- 7. International Bank Transfers
- 8. Overdrafts in France
- 9. Loans in France
- 10. Savings Accounts
- 11. Complaints
- 12. Glossary

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7. Money Transfers to France

7.1. Within European Union
7.2. Outside of European Union
7.3. Currency Brokers

7.3. Currency Brokers for Money Transfers to France

As an alternative to transferring cash via your own bank, you can also do so through a foreign exchange broker.

The service offered by brokers is arguably more competitive and quicker than a bank. They have lower overheads, they specialise in currency exchange and may well have better access to the wholesale market, so you can get a better rate.

Top Tip!

Particularly if you wish to transfer a large sum (say, for house purchase) or make payments on a regular basis you should consider using a currency broker.

Try your bank and then ring a broker for a comparison of charges and rates.

You will need to register with a broker before you can use their services, but maintaining an account with them is normally free of charge.

Some of the bigger players around are:

Next: Bank Loans in France

Back: Transfers Outside of European Union

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