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Personal Currency Transfers
Business Currency Transfers
Regular Payments Abroad
Compare Bank Rates
Currency Broker Reviews

Business Money Transfer Providers

 
axiafx

AxiaFX

 
Minimum
Transfer
£100
Transaction
Fees
None
Margin
Rates
0.7%
Transfer
Timescales
Same day in major currencies
FSA
Regulated

AxiaFX offer a free foreign exchange business risk assessment, no matter how big your business is from sole traders to businesses transferring millions a month. AxiaFX can advise you on getting the best rate or keep up to date with their daily business market report or tips on how to save you money by expert currency specialists.

 
torfx

TorFX

 
Minimum
Transfer
£300
Transaction
Fees
None
Margin
Rates
0.7%
Transfer
Timescales
Same day in major currencies
FSA
Regulated

TorFX can save you money when it comes to making or receiving payments in foreign currency. TorFX clients range from public companies to smaller companies and sole traders. Torfx is proactive about managing current and future exposures, ensuring you are not affected by unforeseeable fluctuations in global markets.

 
world first

World First

 
Minimum
Transfer
£1000
Transaction
Fees
None
Margin
Rates
0.7%
Transfer
Timescales
Same day in major currencies
FSA
Regulated

If you are a business that imports or exports and need the best foreign exchange rate? World First will ensure you are not exposed to significant risk due to constant fluctuations in exchange rates. World First can provide with the best available exchange rates, exceptional service and improve the accuracy of your overseas transactions.

 
currency solutions

Currency Solutions

 
Minimum
Transfer
£3000
Transaction
Fees
None
Margin
Rates
1%
Transfer
Timescales
Same day in major currencies
FSA
Regulated

Use Currency Solutions for business money transfers for large amounts of currency transfers, a small movement in the market could have significant affect on your bottom line. Your currency dealer can monitor the currency markets on your behalf and devise a strategy that can maximise positive movements in the market and minimising currency risk.

 

Currencies Direct

 
Minimum
Transfer
£100
Transaction
Fees
None
Margin
Rates
1%
Transfer
Timescales
Same day in major currencies
FSA
Regulated

Currency Direct have years of experience providing financial solutions to businesses worldwide where you can trust them to help control currency risks, fuel growth and protect your future. Currencies Direct have an innovative range of currency transfer services that can help to minimise your currency risks and take the hassle out of international payments.

 
moneycorp

Moneycorp

 
Minimum
Transfer
£1000
Transaction
Fees
None
Margin
Rates
1%
Transfer
Timescales
Same day in major currencies
FSA
Regulated

Market volatility means risking your profits. Moneycorp can help companies like yours identify the potential benefits of market movements as well as plan for the possible pitfalls. Forecasting currency rate fluctuations is difficult, but the more informed your company is the more you can protect it from risks associated with currency movements.

 
ifx

IFX

 
Minimum
Transfer
£1000
Transaction
Fees
None
Margin
Rates
0.7%
Transfer
Timescales
Same day in major currencies
FSA
Regulated

IFX can help your business buy foreign currency at the cheapest price when paying oversea suppliers. Making Business money transfers regardless of the size use IFX they will guarantee you a  fast, personal, cost-effective and hassle free service. IFX are a foreign exchange and transfer specialists in finding your business the best currency exchange rates.

 
gcen

GCEN

 
Minimum
Transfer
£100
Transaction
Fees
None
Margin
Rates
1%
Transfer
Timescales
Same day in major currencies
FSA
Regulated

Global currency exchange network offer personal and cost effective solutions for all of thier clients' needs. GCEN will explain the process and protect you from currency risk, monitor the market on your behalf and ensure that the transfer of your funds overseas is prompt, accurate and stress free.

 
ebury partners

EBURY

 
Minimum
Transfer
£1000
Transaction
Fees
None
Margin
Rates
1%
Transfer
Timescales
Same day in major currencies
FSA
Regulated

Ebury Partners can help your business get better currency rates. With companies facing increased costs, reduced consumer spending and competition from overseas suppliers. If you either sell or purchase goods or products overseas, Ebury Partners may be able to drastically reduce your international payment costs.

 
hsbc

HSBC

 
Minimum
Money Transfer
£100
Transaction
Fees
£19.00
Margin
Rates
3% to 5%
Transfer
Timescales
1 - 4 days
Existing Customers Only

HSBC are a globally foreign exchange provider that deal with over 60 countries and territories in tradable currencies 24 hours a day. HSBC corporate sales and trading teams provide up-to-date market advice and timely execution of deals to our customers throughout the trading day.

 
santander

Santander

 
Minimum
Money Transfer
£100
Transaction
Fees
£25.00
Margin
Rates
3% to 5%
Transfer
Timescales
1 - 4 days
Existing Customers Only

Santander offer two options for sending a payment overseas. You can choose either an International Payment or send a Sterling Payment outside UK This option can only be used where the overseas bank accepts Sterling payments. This method is useful when you are transferring money overseas to an account that is held in Sterling.

 
natwest

Natwest

 
Minimum
Money Transfer
£100
Transaction
Fees
£20.00
Margin
Rates
3% to 5%
Transfer
Timescales
1 - 4 days
Existing Customers Only

Natwest offer a full range of services, from straightforward currency exchange to complete risk management solutions, Natwest use foreign exchange (FX) hedging tools to help reduce the risks associated with foreign currency fluctuations. Natwest solutions give customers greater certainty over their future cashflows.

 
rbs

Royal Bank of Scotland

 
Minimum
Money Transfer
£100
Transaction
Fees
£20.00
Margin
Rates
3% to 5%
Transfer
Timescales
1 - 4 days
Existing Customers Only

Whether over the phone or via e-commerce platform, the Royal bank of Scotland offer an easy and straightforward way to execute your foreign currency exchange needs. RBS can help you identify the FX risks you may be facing and then quantify these risks and work with you to manage them.

 
first direct

First Direct

 
Minimum
Money Transfer
£100
Transaction
Fees
£19.00
Margin
Rates
3% to 5%
Transfer
Timescales
1 - 4 days
Existing Customers Only

First Direct offer a choice of foreign currency accounts in a range of currencies. These are suitable if you regularly make and receive payments in a particular foreign currency or own a property abroad or have surplus currency funds. International Personal Accounts are available to 1st Account customers.

 
halifax

Halifax

 
Minimum
Money Transfer
£100
Transaction
Fees
£7.50 - £17.50
Margin
Rates
3% to 5%
Transfer
Timescales
7 days
Existing Customers Only

Sending money abroad with Halifax is easy using the Halifax Online Banking service which is only £9.50, a saving of £10 on Halifax branch and telephone banking process. However, Halifax areoffering a further £2 off the online fee for your first three payments, making them only £7.50 each for a limited time only.

 
co-operative

Co-Operative

 
Minimum
Money Transfer
£100
Transaction
Fees
£25.00
Margin
Rates
3% to 5%
Transfer
Timescales
1 - 3 days
Existing Customers Only

The Co-Operative banks most used service a straightforward but potentially high risk method of buying or selling foreign currency. Co-Operative spot foreign exchange contract is a binding obligation to buy or sell a set amount of currency at the current market rate, for settlement after two working days.

 
Lloyds tsb

Llyods TSB

 
Minimum
Money Transfer
£100
Transaction
Fees
£20.00 - £35.00
Margin
Rates
3% to 5%
Transfer
Timescales
3- 12 days
Existing Customers Only

Lloyds TSB offer a fast money transfers service in all major currencies, to just about anywhere in the world. International money transfers with Lloyds is simple with a clear list of charges to suit your timescales. If you need fast access to the funds from a cheque , Lloyds can often buy the cheque from you immediately.

 

Live Foreign Exchange Rates

Business Foreign Currency Accounts

Business Foreign Exchange Comparison - Saving you money when transferring Business money to pay for goods and suppliers Abroad, Compare Currency Exchange Rates, See Charges and Benefits and No money transfer Fees...

With so many foreign exchange companies on the market who do you choose? First consider using a foreign exchange company that is FSA regulated so your money transfer transaction is protected. Compare Money Transfer only lists foreign exchange brokers that are regulated which means your money is always kept is a seperate account and ensures protection.

The currency rate from all the companies listed will also beat your bank, plus based on how much you need to transfer your margin rate is improved with volume.

Finally if you plan to transfer money in the future but waiting for the currency exchange rate to increase consider signing up to Rate Watch above, Where you will be informed when it reaches its target rate.

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