News Column

Brazilian Real in Short Supply - Thomas Exchange Global Holds Sufficient Stocks at Best Rates as Market Dries Up

June 13, 2014



London, UK (PRWEB UK) 13 June 2014

The BBC reported on 5th June that the short supply of Brazilian Real in the UK travel money market is causing frustration and worry for football fans travelling to experience the FIFA World Cup. These fans are facing difficulties in buying sufficient amounts of travel money. However, Thomas Exchange Global announced that they hold sufficient stock of Reals at the most competitive rates in the UK.

In the last few weeks, the UK travel money market has experienced an unprecedented demand for Brazilian Reals due to travelling football fans going to watch the FIFA World Cup. According to reports in the media, major suppliers such as the Post Office and Travelex are running very low on stocks with the Post Office not seeing supplies replenished until the weekend.

"FIFA 2014 is going to be a marvelous experience for football fans heading to South America. We predicted the increase in demand and planned well ahead to provide for the travel money needs of the market. Therefore we have no problem selling Brazilian currency in correct denominations for fans travelling from the UK," said Trevor Samuel Marketing Manager of Thomas Exchange Global.

Planning ahead and exchanging currency in the UK prior to travelling is the best way for football fans to save money and receive the best exchange rates possible. Exchanging money in Brazil, using credit cards or exchanging money at airports will be the most expensive for fans.

"Using your credit or debit card in Brazil will attract additional bank charges while exchanging Pounds, Euros or Dollars at hotels and restaurants will give an adverse exchange rate so we suggest stocking up on the local currency before travelling," said Trevor.

About Thomas Exchange Global

As dedicated foreign exchange specialists, Thomas Exchange Global has the professional expertise, in depth market knowledge, technological infrastructure and commitment to provide an unprecedented level of service that sets the standard in the foreign exchange industry. They are specialists in all areas of foreign exchange. They provide commission-free currency as well as travellers cheques.

Thomas Exchange Global also offers International Money Transfer Service where funds can be remitted to overseas bank accounts within 1 to 2 days. With commission-free service for transfers over 10,000 backed by competitive exchange rates, customers are assured of a better deal and a substantial saving compared to banks and money brokers.

Thomas Exchange Global branches are located at Strand, Victoria Street, Liverpool Street, Hammersmith, Cannon Street and Wormwood Street.

For further details, visit http://www.thomasexchangeglobal.co.uk or call 020 7240 1214.

Read the full story at http://www.prweb.com/releases/2014/06/prweb11923016.htm


For more stories on investments and markets, please see HispanicBusiness' Finance Channel



Source: PR Web


Story Tools






HispanicBusiness.com Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters