Tempe, AZ -- (SBWIRE) -- 06/15/2012 -- Every day, thousands of people make international currency transfers. From traveling overseas and buying a home in a foreign country to having friends and family who need money in their local currency, there are a wide variety of reasons why people require this service.

Unfortunately, arranging a currency exchange can also be an expensive process. Banks often charge high rates for the service to transfer money overseas, which can make the transaction quite costly.

A new website is already getting a lot of attention for its ability to help people who require international currency transfers to find the best deals possible.

ExchangeCurrency.com, which was founded in 2011, is already the number one currency exchange comparison website on the internet. The site helps individuals and businesses send or receive international payments.

People who need this service can fill out a simple calculator on the home page, detailing the amount that they wish to transfer and which forms of currency will be involved. The friendly and knowledgeable staff will then compare currency rates and advise them which broker is currently offering the best deal.

“By using the cheapest broker rather than their bank to transfer money overseas, it is likely that someone with a foreign currency requirement will save 3-4% on the total value of their transfer,” an article on the company’s website noted, adding that it isn’t uncommon to save tens of thousands of pounds with medium sized transfers.

“Each month we help countless people save money by comparing the rates on offer from the top currency brokers on the market.”

Using the Exchange Currency website is easy; people are welcome to visit at anytime and browse through the helpful articles in the Education Centre. Those with specific questions about foreign exchange transfers can visit the Forum section of the website; there they can get answers to common inquiries and meet new people.

The website also features a wide variety of guides that help newcomers to the foreign currency exchange process learn more about it, as well as educational articles on other money-related topics.

About Exchange Currency
Exchange Currency helps its users find the best deal when buying foreign currency. Simply add information about your foreign exchange requirement into the website and it will tell you which company is offering the best rate. The company is already the top currency exchange comparison website. For more information, please visit http://www.exchangecurrency.com/