Is it necessary to be afraid of online currency exchange offices
Internet exchange offices have existed on the market for only a few years and for many of us they are a source of anxiety. Are we rightly afraid of them? Or maybe fear has big eyes and in fact the use of online currency exchange offices is not only safe, but also easy and very convenient?
Trust
This is probably the most important thing that could lead us to make a decision about exchanging money over the Internet. In order for us to place our trust in an online exchange office, we must have knowledge of how it operates and at least a basic knowledge of the applicable regulations. Concerns may be dispelled by the fact that Internet exchange offices operate in accordance with the law regulating the market of stationary exchange offices and the foreign exchange law, and each of them is entered by the President of the NBP in the Register of Cantonal Activity. The owner and all persons employed in the exchange office cannot be punished, and the certificates of no criminal record must be updated every year. The website of the exchange office should include KRS, NIP, REGON, company address, contact telephone number, entry number to the Register of Cantonal Activity. Employees of Internet exchange offices complete a special course of preparation for work or have at least one year of practice in a bank in the field of currency exchange.
Before making a transaction, it is worth checking the opinions on the selected exchange office and making sure that it represents a well-known brand that has existed on the market for a long time (such as the exchange office of Fritz Exchange, which belongs to a financial group with more than 20 years of experience in finance). Many cantors, in order to assure their customers of their credibility, provide financial results, which may also be an important reason for decision-makers to choose a cantor.
Security
When registering on the exchange office's website, we provide our data and bank account number. They are protected in accordance with the Personal Data Protection Act. All information is encrypted with special SSL protocols, just like in online banking. The Fritz Exchange Internet cantor, for which the security and trust of customers is a priority, has passed a number of penetration tests and security audits. Kantors are aware of the fact that they will gain the trust of their customers, ensuring first of all the security of transactions.
Easy to use
The exchange of currencies in the Internet exchange office is simple. Just register at the exchange office website and, depending on the transaction and where you want your money to go, have a regular bank account or currency account. We provide the account number from which we make the transfer, and the target account number, where the converted funds are to go. If, for example, we work abroad and receive remuneration in a foreign currency and want to send money to a family in Poland, it is enough to specify the account number from which the transfer will be made and the target one, belonging to relatives. Depending on the bank to which the money goes after the exchange, the whole transaction will take only a dozen or so minutes. If the exchange office cooperates with our bank, the funds will be credited automatically, if not - the transfer will be received in accordance with the hours of transfer sessions. To make it easier for our clients to make transactions, calculators are placed on the websites of currency exchange offices, thanks to which we can easily check whether the transaction will be beneficial for us.
Convenience
The possibility of currency exchange via the Internet will be appreciated by everyone who values convenience and time saving. Transactions can be made at home, in the office or from any other place, around the clock. No hurry, no time-consuming commuting, no waiting in line. We don't have to wonder if we can get out of work early enough to be able to close the window and we don't have to travel around the city with more cash in our bags.
Benefits
Internet exchange offices have the advantage over banks and landline exchange offices that they allow us to save money in every transaction.
Internet exchange offices have permanently established their presence on the Polish financial services market, and their popularity is still growing. In order to attract customers, their owners take care of high quality of service, security of transactions and simplicity of procedures. The effect? More and more often, instead of a service in a bank or exchange office, we choose the service via the Internet, thus saving time and money.