Press Release
Cambridge Currencies highlights the 2–4% gap between typical high-street bank exchange rates and specialist broker pricing on international transfers — and why the difference matters most on large, life-event payments.
CAMBRIDGE, UK — 29 May 2026 — As more UK households and businesses move money across borders for property, business payments, pensions and school fees, Cambridge Currencies, a UK specialist currency broker, is highlighting the often-overlooked cost difference between high-street banks and specialist brokers on international transfers.
High-street banks commonly build a margin of 2–4% into the exchange rate on cross-border payments, with the cost hidden inside the rate rather than shown as a fee. Specialist brokers typically price the same transfers far tighter — often well under 1% on larger amounts. On a £250,000 property transfer, that difference can run to several thousand pounds on a single payment.
“Most people compare the headline fee and never look at the exchange rate, which is where the real cost sits. A bank isn’t trying to catch anyone out — it simply prices currency as a side product. We price it as the only thing we do. On a six-figure transfer, that gap is often the cost of a kitchen, not a rounding error.”
Anthony Bull, CEO, Cambridge Currencies
Cambridge Currencies completes every transfer by phone with a dedicated specialist, rather than through an app. The firm says the model suits people making significant, often once-in-a-lifetime transfers who want a named point of contact and guidance on timing rather than a self-service screen. Tools include spot transfers, forward contracts to fix a rate ahead of a future payment, and limit orders.
The company stresses that comparing the all-in delivered rate — not the advertised fee — is the single most useful step anyone can take before a large transfer, whether they ultimately use a bank, an app or a broker. More detail on the cost comparison is available in the firm’s guide to how specialist currency brokers compare with high-street banks.
About Cambridge Currencies
Cambridge Currencies is a UK specialist currency broker based in Cambridge, founded in 2023. It helps individuals and businesses move money internationally in more than 30 currencies — for overseas property, business and supplier payments, large and high-value transfers, pensions, inheritance and school fees. Every transfer is completed by phone with a dedicated specialist, using tools including spot transfers, forward contracts and limit orders. Cambridge Currencies Ltd is not directly authorised by the FCA; it operates with FCA-authorised payment partners Currencycloud (FRN 900199) and ScioPay (FRN 927951), and client funds are safeguarded in segregated accounts. More at cambridgecurrencies.com.
Media contact
Media enquiries are handled by Anthony Bull, CEO.
Email: info@cambridgecurrencies.com
Web: cambridgecurrencies.com
Press hub: cambridgecurrencies.com/press/
