Receiving a pension from the US. How can HiFX help?
Let’s assume that you are living in Europe and your pension is $1,800 each month*
|
|
Main Stream Bank |
HiFX |
| Exchange rate |
$1,800.00 @1.28 = €1,406.25 |
$1,800@1.28 = €1,406.25 |
| Commission charge |
2% = $36 |
FREE |
| Transfer fee |
$50.00 |
FREE |
| Total you recieve |
€1,339.06 |
€1,406.25 |
In this example, with HiFX you could recieve up to €67.09 more per month for your pension than you would by transfering your funds using your bank. Over a year this equates to €806.28.
*Figures are for illustration purposes only and may not reflect present rates and bank charges.