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Buy Dollars Online with Hello Currency |
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| How to buy Dollars and sell Dollars at the best possible exchange rates |
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US Dollars
The US dollar is the official currency of the United States of America and is still the most important currency in the world. The global financial markets still price most of their commodities in the US dollar and governments worldwide hold more reserves of US Dollars than any other currency. Although you would think that this importance would bring great stability to the dollar, the reality is that dollar rates are quite volatile. It is not uncommon to see swings of 2-3% in the US Dollars value against the Euro, Pound and other currencies in very short periods of time. The US dollar is freely traded and you can buy Dollars, sell Dollars and wire Dollars without restriction.
Current Dealable Exchange Rate - US Dollars
Enter the amount of Dollars that you would like buy or sell to get an accurate dealable quote. Note that this is not a simple currency converter that you find on most websites. Those tools give an indication only whereas this tool gives you a real price that you can trade on. The price changes every few minutes dependent on the central currency markets so check this tool frequently.
Dollar Payments
Making international payments or domestic payments in US Dollars is an easy and seamless process.
In most cases, when you wire Dollars with Hello Currency, they will arrive and clear same day in the beneficiaries bank account. This includes international payments to US domiciled bank accounts as well as dollar accounts held in the UK, China and most other countries.
One important point to note with US dollar payments is that they must all go through an intermediary bank in New York. This process is designed to give the US Federal Reserve visibility of Dollars flows around the world. Although this will not slow your payment down, the intermediary bank will normally make a small deduction of $10 to $20. Note that this is requirement regardless of whether you use a bank or Hello Currency to transmit your funds.
US dollar bank account details can sometimes lead to a little confusion. This is because they are normally quoted with the final destination bank account and the intermediary New York based bank account. If you need some assistance with understanding US dollar bank account details then please contact Hello Currency.
You can use your bank to buy Dollars or sell Dollars but this method is likely to be very expensive. Most banks are unwilling to quote you a dealable exchange rate over the telephone as they do not want to be compared to other providers. Expect to be told that you will get the 'Rate of the day' when you transfer your funds. Typically, the bank will charge between 1.5% and 4% of the amount transferred e.g. if you were transferring £100,000, the bank will charge between £1500 and £4000. This charge will be hidden from you by giving you a poor exchange rate. They will also charge you for making an international payment.
Hello Currency offers a better alternative to using your bank. We
provide wholesale foreign exchange rates which save our clients many
thousands of pounds. In addition there are no hidden fees or charges
and each transfer is underwritten by a global A-rated Insurer for up to
£1,000,000. We use the smartest technology in the industry to make
exchanging currencies and sending international payments fast, easy,
cheap and secure.
You simply open an account, book a transfer and send your money (e.g. Pounds) to the Hello Currency segregated client accounts held at Barclays Bank. We will do the rest ensuring that your Dollars reach your nominated account quickly and securely. In addition, we do not charge for international payments.
Hello Currency - Buy Dollars and sell Dollars at wholesale exchange rates
- Providing wholesale US dollar exchange rates to the general public
- Friendly UK based support team
- Smart use of technology cuts the cost of currency exchange and money transfers
- Underwritten by an A-rated insurer to £1m/transaction
- Save up to 4% when you buy Dollars or sell Dollars
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| What to do Next | |
| To open an account Click Here
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Alternatively, call us on Telephone +44 (0)203 004 4444 to discuss your requirements with no obligation. We are always happy to help.
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