Are Currency Brokers Really Better Than Banks?
Sponsored Feature Resident specialist, Michael Steenkamp, Director at currency exchange specialist FC Exchange, writes exclusively for Homes Overseas. A hot topic of conversation at the moment has to undoubtedly be “banks versus brokers”. The same question is popping up in just about every financial market from mortgages to currency. Perhaps current economic conditions are forcing people to investigate and consider more cost effective and even alternative ways of doing things. Personally I think brokers have been outperforming banks when it comes to retail services for a long time. The biggest problem that brokers have always faced is public awareness and perception. After all the man on the street has a hard time getting to grips with the fact that smaller financial institutions can out price, out provide and even out service large conventional institutions. When it comes to financial services and money related transactions, the bank will always be the first port of call. In reality m
