Foreign Exchange by experts & specialists in Currency Exchange

Foreign Exchange Information to make a Currency Exchange. Common questions asked by consumers looking to transfer money abroad. Just click on the question to find a jargon-free answer by compare money transfer. Still not sure send us an email and we will provide an answer.

Personal transfers:
Some Foreign Exchange providers will give you one free international payment with every transaction over £5,000. Fees for payments under £5,000 or additional payments on transactions over £5,000 are usually subject to a £15 - €22 - $29.charge.

This is less than almost all banks, which usually charge up to £40. They also try to avoid correspondent and receiving bank charges in most countries. This can save you a considerable amount in certain countries.

Business transfers:
Foreign Exchange Providers will usually agree on a bespoke payment fee structure with you depending on your payment volumes ranging from £0 to £15.

They also try to avoid correspondent and receiving bank charges in most countries. This can save you a considerable amount in certain countries.

This ranges but as low as £100 but it depends on the foreign exchange provider. Also around the same amount are available for customers making regular transfers or by special request.

Private Clients:
Before a transaction can be done you would either need to accept the foreign exchange brokers online Terms & Conditions or complete or sign and return our Terms & Conditions together with:
a copy of your passport or driving license. a copy of a recent bank or credit card statement or a utility bill issued in the past 3 months.

Foreign Exchange Options to make a Currency Exchange

Corporate Clients:
Before a transaction can be done you would either need to accept the foreign exchange brokers online Terms & Conditions or complete or sign and return our Terms & Conditions together with your certificate of incorporation. If you are an Unlimited company they will require a copy of a company utility bill and a copy of the passport or driving license of the person authorizing transactions.

All foreign exchange brokers are regulated by HM Customs & Excise as a Money Services Business.

Also as from Nov 2009. All foreign exchange brokers have 2 years to register. Authorized and regulated Financial Services Authority ("FCA"). To provide advice on and execute trades in derivatives.

This depends on the currency you are sending us, the currency you are buying. The bank you use and the amount.
But on average done on the same-day payment. On receipt of your inward payment and this should arrive the same day or next day.

Buying other currencies: Once we have received your funds. Allow 1 to 4 days for your funds to reach the recipient. E.g for East Caribbean Dollars please allow 4 days.

The rate will depend on the amount transferred and the date you want the funds to arrive. The rates on from the foreign exchange companies listed will quote you an exchange rate closer to these mid rates.

Yes, Called a "Forward Transaction". You can fix a rate today for any date from 1 week up to 2 years in the future. A deposit required for forwarding transactions and you pay the balance 1 day before the pre-agreed future date.

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