Whether you run a small import/export business which wants the quickest, easiest and most cost-effective way to make international payments, or you're the CFO of a larger business that requires highly tailored strategic hedging advice with fast, cost-effective execution, you'll need an unbeatable foreign exchange provider. Our preferred currency broker, Xe Money Transfer, can provide that kind of service, but first, let’s take a closer look at how businesses can send money to and from the UK, and why it’s so important to find the right broker to meet your needs. What is international money transfer? At its most basic of levels, international money transfer is the transfer of funds overseas – but there’s a lot more to it than that. As you’re not sending money to an account in the UK there are conversion rates to consider, together with commission fees and transaction costs, which in some cases can be significant. It can cost a lot more than transferring money to UK-based accounts, which is why finding the right service provider is key, particularly for businesses which are likely to use such services on a regular basis.