I use the daily update to check the exchange rate and have used HIFX for several years. I compare the exchange rate with the one I get from My bank Nationwide to gauge value for money. I was surprised at the note at end of last contract a few days ago that warned that I may get charged by the receiving bank. When I signed up I was told that an advantage of using HIFX was there would be no charges by receiving bank which hugely contributed to my decision to use HIFX. If that has changed then I would like to have been informed.
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