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Personal Currency Transfers
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Regular Payments Abroad
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Regular Payments Overseas Providers

 
torfx

TorFX

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

TorFX Regular Overseas Payments service is a simple way to send money overseas on a regular basis. The service is available for regular transfers of between £250 and £10,000 per month over a minimum period of 6 mth. TorFX can offer you a competitive exchange rate on your transfers plus are free of charge compared to banks that charge.

 
caxton foreign exchange

Caxton FX

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

Caxton foreign exchange have been offering free currency reports which have in-depth commentary across sterling, euro, US dollar, Aussie and New Zealand dollar currency movements. These trending reports allow you to assess the current currency markets so you can make an informed decision when to purchase your currency

 
rational foreign exchange

Rational FX

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

RationalFX can help you send money to most countries quickly, safely and with very competitive exchange rates. RationalFX has been able to safely send over £1 Billion in total - including low cost money transfers to most countries. RationalFX customer service, 24x7 online payments and great rates from GB to most countries.

 
moneycorp

Moneycorp

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

Moneycorp regular money transfer service offers you the ability to get better currency exchange rates than using your bank no matter how much you need to transfer abroad. Moneycorp regular overseas payments plan offers you to transfer between £100 + per month over a minimum period of 6 months. Saving you an average of 4% over the rates offered by high street banks.

 
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

Regular Overseas Payments Accounts

Doing regular payments abroad - You can save hundreds of pounds in transfer fees alone compared to high street banks. Compare regular money transfer brokers, See Charges and Benefits and No money transfer Fees...

Sending regular payments abroad could be costing you more than you bargain for in transfer fees alone with high street banks, consider using a foreign exchange broker just set up an account and transfer money by direct debit so you will never forget.

Did you know that you can book your exchange rate for up to two years in advance, so if you get a great currency exchange rate speak to your foreign exchange broker and get your rate booked in advance.

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

Tag: Regular payments abroad, Regular money transfer, Foreign exchange payments, Foreign currency, Regular transfers foreign exchange, Regular overseas payments, Money transfers, Transfer money, Send money, Sending money, Regular currency transfers

 

 

 

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