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Spending abroad: An around-the-world guide to your travel money needs

You’re heading to a new country. But are you properly prepared for what is in store for you when you land? Each country has its own quirks about how you pay for goods and services. Our guide details the important things you need to know.   Use the links below to jump to the currency that you’d like to know more about. Argentina 🇦🇷 Australia 🇦🇺 Brazil 🇧🇷 Canada 🇨🇦 China 🇨🇳 Denmark 🇩🇰 Finland 🇫🇮 France 🇫🇷 Germany 🇩🇪 Iceland 🇮🇸 India 🇮🇳 Iran 🇮🇷 Italy 🇮🇹 Japan 🇯🇵 Mexico 🇲🇽 Morocco 🇲🇦 New Zealand 🇳🇿 Poland 🇵🇱 Russia […]

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Top tips to save for a winter break

In need of a little winter sun? Or looking forward to some time on the slopes this ski season? Follow our tips on saving up for your trip and make sure you get the most out of your break. We’ve got tips on how to squirrel away more spending money, and tips to help you plan ahead so that your savings will travel further. 1. Choosing a destination Before you book your holiday, or even get your heart set on where you’re heading, think about the destinations where your pounds will go further. Currency shouldn’t be an afterthought when it […]

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Take your pounds further this autumn

Looking for a last-minute autumn break that won’t break the bank? Or maybe you’re already thinking ahead to getting some winter sun? Look at where the pound has performed well over the long run and you can find destinations where your travel budget could go further. Currency shouldn’t be an afterthought when it comes to holiday planning – choosing a destination with a better exchange rate means the cost of accommodation, shopping and dining out will cost you less. Yes, some of these destinations might take a longer flight than hopping over to the usual European haunts but the difference […]

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UK travellers could save over £5bn a year on currency

We all look forward to our holidays. We work hard through the year to have the best break we can, and we’ll also probably do a good amount of research when booking hotels, flights and car hire so that we can get even more for our money. But do you realise how much you’re losing out by not putting a little more effort into buying your currency? We’re losing £5bn a year as a nation by making simple travel money mistakes. By making a few smart decisions when buying and spending your foreign currency you can take charge of your […]

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Let your teenagers carry their own holiday money

Your holiday is the perfect time to start teaching the teenagers how to manage money and stop them from constantly nagging you for more. We’ve got the perfect tool for giving your kids (13 years and older) a little financial freedom whilst you stay in control of how much they can spend through our handy app. With a FairFX Family and Friends Card you’re in charge. Load your teenager’s card by moving money from your own FairFX Prepaid Mastercard® with just a few taps on the FairFX app. And move the money back just as easily if you need to. […]

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How to manage money on your gap year

Heading on a gap year to explore new countries, learn a language, or just take a break? Before you travel there are obviously a few things you’ll need to prepare and one very important point on your checklist should be currency. Whether you’re lodging in hostels, other people’s homes or in hotels, you’ll need a safe way to carry your foreign currency, without it costing you the world. Plus you need an easy way to keep an eye on your balance, and get more currency if you need it. Sounds like quite a bit of a headache, but don’t worry, […]

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Managing currency when buying property abroad

Buying a second home abroad continues to be a popular investment option. It provides a holiday haven when you want to get away from it all and can be a useful second income through lettings. If you’re considering buying property abroad, you’ve probably been thinking about where the best places to buy are and how to go about paying for your new home, without getting stung by the weak pound. We’ve put together these tips to help you get the most out of your new home abroad. 1. Look at the best value destinations Before you begin your property search […]

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Where to travel after the election: best value holiday destinations

The pound struggled against currencies worldwide as Theresa May’s Conservatives failed to win a clear majority due to Jeremy Corbyn’s Labour performing extremely well. But that doesn’t mean that you can’t book a fun filled holiday this year, you can still get more for your travel money through smart destination planning. Rather than opting for your usual European spots this year, why not tick off some more far-flung destinations or secret tourist gems? Look at where the pound has performed well over the long run and you can find destinations where your travel budget could go further. 🇦🇷 Argentina – […]

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Avoid paying over the odds for your holiday

Our latest research into travel costs has revealed that holiday prices can jump as much as £3,000 in one day, before falling again the next with no rhyme or reason. We’re all wary of holiday rip-offs, knowing prices can soar if you book late or travel during school breaks but we’ve discovered exactly how much prices fluctuate day to day in a 2 week period. We looked at a basket of 10 package holidays from different travel operators for a family of four – with one child aged five and one aged seven – all departing from Gatwick Airport. Tracking […]

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Your international payment options

There are a number of international payment options for you to take advantage of through our Money Transfer service. Our experts can help you to choose a service that ensures you get maximum value when sending or receiving money from abroad, manages your risk and meets your payment requirements. Here’s how some of our Money Transfer services work and how you can benefit from them.   Regular payment plans Sending money abroad on a regular basis can usually be time consuming and stressful but our regular payment plans make life easier and save you money. There are 2 types of regular […]

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Will the French elections provide another shock?

In the past 12 months we have seen the world shift with two seismic decisions from two different electorates – are we about to see a third? On 23rd June 2016 we saw Britain vote to leave the EU in the Brexit referendum and in the US on 9th November Donald Trump was elected President. On the 7th May France’s next President will be elected in a run-off election. Two candidates with two very different agendas. What does this mean for the euro? Pro-European centrist Emmanuel Macron and anti-immigration leader Marine Le Pen have begun a final duel for the […]

Best value destinations to buy a second home overseas

In the first study of its kind, we’ve revealed the best value destinations to buy a second home overseas. Buying a second home abroad continues to be a popular investment option. It provides a holiday haven when you want to get away from it all and can be a useful second income through lettings. We’ve compared the costs associated with buying a second home, to help you narrow down your search on where you would like to buy. In the FairFX Property Abroad Cost Calculator we compare the average price of a property in over 30 countries, based on the […]