CURRENCY EXCHANGE & PURCHASING FOREIGN FUNDS
Pre-purchasing Foreign Funds
Purchasing foreign currency before your trip eliminates waiting in long lines at currency counters and avoids the inflated exchange rates offered in hotels, airports and banks. With eZforex you can select from over 105 foreign currencies delivered securely and conveniently to your home or office. You can purchase up to $2,500 USD of most foreign currencies and return any amount at the same exchange rate as originally purchased – which is a pretty good deal. After you’ve returned, simply return your unused foreign currency to eZforex. Within two days, they’ll process your refund at the exact exchange rate when purchased. That’s correct! eZforex will process your refund based on what you’ve paid. They offer:
- One-stop Shopping – eZforex simplifies your shopping experience by offering over 125 foreign currencies delivered securely via UPS to your home or office
- No Hidden Fees – You only pay the current exchange rate plus shipping
- Delivery – Once the payment clears, the order is shipped for the next business day delivery
- They Notify You – eZforex places a courtesy call and send an email to alert your order is on the way
Customers may purchase foreign currency & travelers cheques with a debit/credit card or an electronic check (eCheck). Upon completion of the transaction the customer receives a confirmation receipt and/or an email confirmation with a transaction number. The normal payment processing time is 2 to 5 business days. Once payment has processed into eZforex’s bank account, an automatic email is generated alerting customers to expect delivery by the next business day via UPS (occasionally FedEX). eZforex normally ships lowest denominations based on availability and has the right to modify denominations based on the existing supply. Currency orders exceeding $1,000 requires information mandated by FinCIN, a division of the U.S. Treasury Department.
Orders canceled within 48 hours from the time of purchase are subject to $20 cancellation processing fee. A transaction number is provided online or through eZforex’s customer service department as transactions are completed. For security reasons transaction numbers are required to cancel open orders. Once current order has been shipped, transactions may be canceled and are subject to the normal buy back rates which vary from day-to-day. Exceptions are those with Currency Price Protection (CPP). CPP purchased at time of initial transaction receives a 100% refund.
It really helps to know before you get on your plane what the currency system is in the country you are traveling to. That way, when you are awake and aware you can memorize the conversion and not feel uncomfortable while making a purchase. My favorite currency exchange website is the XE-Currency Exchange.