Coutts Money Transfer Services
Today services of banks have broadened largely. Previously the role of banks was majorly limited to the extent of opening different types of accounts and accepting deposits from the customers for their accounts. But now banks play a vital role in providing different types of loans, financial assistance to its customers, help its clients to transfer money, foreign exchange services and so on services have become the day to day routine jobs of the banks globally. With the changes in markets becoming global and moreover increase in online purchasing have paved way for the urge of money transfers instantly round the world.
Transfer of money is needed for business purposes, online purchasing, for personal purposes, for mortgage or for buying some property internationally and for many other reasons. Foreign exchange agents, banks, currency brokers and other agents are available for carrying out transactions of transfer of money overseas. Many opt for currency brokers than banks for money transfers only for they are cheaper than banks.
Coutts is a private bank having The Royal Bank of Scotland as its parent bank, involved in banking services since 1692. My experience with Coutts since past ten years had been great. I have my accounts with other banks too but after experiencing the services with other banks and currency brokers, I would like to say that no one could beat the services that Coutts provides to its customers. I value the expert private banking and tailored wealth management that is given to me by Coutts professionalized team. Though Coutts has been in banking services since centuries but it always have moved forward with the times and always been up to the mark with the modern times. Coutts encourages its customers to bank online wherein they do not have to do any paperwork. Coutts is very much known for its Faster Payments service through which it allows you to send and receive low value sterling payments in almost real time.
Faster Payments service is allowed by Coutts round the year including weekends and other bank holidays. Except credit card payments all other payments through Faster Payments is done instantly. Fast Payments service is very easy and quick to use by you. Coutts online service is available for you round the clock for 365 days. Faster Payments is also cheaper than the Clearing House Automated Payment System. These Faster Payments are of three different types i.e. Single immediate payments, Future dated payments and Standing orders. Remember that Faster Payments can only take place when you have sufficient funds in your account, the beneficiary should also be the member of the Faster Payments service and the payment amount should be within the limit along with the correct account details mentioned. Faster Payments service is free for personal clients and charges are charged for business clients. Coutts Faster Payments service can be availed only in sterling currency. While using Faster Payments service online you need to enter the beneficiary’s correct sort code and account number.
Coutts Currency Exchange