![\"students\"](\"http:\/\/www.mycurrencytransfer.com\/blog\/wp-content\/uploads\/2014\/01\/students.jpg\")
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Always compare<\/strong><\/p>\n You\u2019d be stupid to go straight to your bank to ask for a money transfer. It\u2019s unlikely that they\u2019ll offer you the best deal and you could potentially miss out on the extra money you could get elsewhere.\u00a0It may sound like a lot of effort to shop around but that\u2019s where comparison sites such as MyCurrencyTransfer<\/a> come in. They do all the hard work for you and find the best way to get the most from your transfer. It\u2019s a win-win situation.<\/p>\n Watch out for hidden fees<\/strong><\/p>\n You may have seen those companies out there that advertise no transfer fees\u2026 that\u2019s great right? Not always.\u00a0Some companies advertise that they have no fees only to come back and sting you with a poor exchange rate which may leave you worse off, compared to a company that is upfront about their fee amount.\u00a0Once again you can rely on currency comparison sites to help you out with the maths in order to let you know how to get more for your money. It\u2019s your money after all!<\/p>\n You need a foreign bank account<\/strong><\/p>\n Unless you\u2019re just going on holiday, getting the best deals and transferring money is always easiest if you open up a bank account in the country that you will be planning to live in.\u00a0It makes transfers a lot safer and cheaper as there is no need to carry large amounts of cash or use an overly expensive pre-loaded card.<\/p>\n <\/p>\n