Feb 14 2020

Compare Money Transfer Rates, Fees & Currency Companies #dollar #against #euro #today

#transfer rate


International Money Transfer Comparison

Save time and money finding the best provider

To make a comparison, select the currency you want to buy and the amount and we will calculate the best deal for you.

Why spend hours trawling the internet when our online money transfer chart can help you find the best foreign exchange rate in seconds. We explain where client funds are held, which trading methods are available and how quickly your money can be sent.

But how do I know my money is safe?

Banks are notorious for offering uncompetitive rates yet many people still use them because they don’t trust brokers. On a large money transfer this decision can potentially end up costing you hundreds if not thousands of pounds as a reputable company could have offered you a far better exchange rate.

There are a number of checks you can carry out to help you find a trustworthy company:

  • Are they authorised by the Financial Conduct Authority (FCA)?
  • How long has the company been running for? How many staff do they have? And what is the company turnover?
  • Is client money held in segregated client accounts? – Are they happy to provide you with a bank reference?
  • Have they professional indemnity insurance that can protect you from staff fraud?
  • How strong is the company’s balance sheet?

Why do people send money overseas

People send money abroad for many different reasons and we have compiled a list of the most popular below.

  • Property purchase
  • Overseas mortgage or bills
  • Transferring UK pension or salary into a foreign bank account
  • International tuition fees
  • Paying a supplier abroad
  • Emigration
  • Sending money to a relative overseas

One thing they all have in common is that they want to find the best exchange rate to help their money go further

We can help your business

If you have a business that uses overseas payments you should compare the foreign exchange rates offered from your existing provider against the most competitive currency rates being offered on to see if you could save money and reduce your costs.

Experienced brokers are available to discuss your money transfer requirements and tailor the right solutions for your business regardless of whether you are a sole trader or a multinational corporation.

It’s time to check up on your existing provider and find out how much you could save by switching to an alternative foreign exchange specialist.

What information do I need to make a transfer?

You will need to supply details of your beneficiary’s bank account including:

  • Account holders name
  • Account number or IBAN (International Bank Account Number) for European bank accounts
  • SWIFT BIC Code – Bank Identifier Code
  • Amount

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