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Barclays Money Transfer Service

Company: Barclays Bank
Margin Rate: 5
Commission Rate: 0
FCA Regulated: FCA Regulated

Barclays Money Transfer Service

Transferring money overseas has today become a daily transaction in our lives. Money can be transferred overseas for personal or corporate use. Business cannot succeed if such facilities would have not been made available. Transferring money is the blood stream of the success of the Import and Export business. In the olden times making payments overseas and receiving payments from overseas had been a tough job along with no safety involved.

Today if you want to send money overseas than there are several options available for you. Money can be sent overseas through foreign exchange or currency brokers and or through high street banks. Services of the banks is safe and secured even though their services are expensive. Today we can also transfer the payments internationally through online facilities that are provided by almost all banks and currency brokers. Online transfers are more secured and safe. Online transfers are easy and convenient to do as they are done at the ease of the customer and can be done at any time and from any place.

Barclays bank is a very renowned name globally serving in the field of banking to its customers since years. It offers its customers services of making transfers internationally both in Barclay’s accounts or in accounts of other banks by various methods. You can make transfers between your own Barclay’s accounts at free of cost, this can be easily done by requesting the cashier at any Barclay banks branch and or you can do this by simply sending a letter to the bank which should be bearing signatures for both the account to be debited and the account to be credited. This transfer is also possible through online banking or telephone banking if you are registered for internet banking or telephone banking.

Payment Transfers can be also made to other local banks through internet banking and or through filling the relevant form and depositing the form at any branch. You are charged a small amount for this service for every transaction that you undergo.

You can make international payments through SWIFT transfers of Barclay International payment systems. International payment transfers overseas can also be made either through any branch and or through internet banking. The fee charged for international transfers is only 0.25 percent of the amount that is being transferred. Barclays also gives you an option for the transfer in context with bearing other charges; the other charges in relation to the transfer can bear wholly either by you or the beneficiary and or shared by both.

Always remember that while making international or local transfers of your payments you should ensure that you provide the correct beneficiary bank account details so that the amount is transferred to correct person in time and no other issues created. It is also essential to make sure that your account has sufficient funds that you are requiring for transfer. Barclays also offers you an additional service wherein you have to make regular or recurring payments every month in the same account. This can be done by setting up a recurring transfer with the bank.

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Barclays Bank

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Barclays Bank
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Barclays Bank

Barclays Bank
Barclays, 2 Churchill Place,
Greater London,
United Kingdom,
E14 5RB