Margin Explained - Max margin from interbank 1%. Improved with volume
Minimum Transfer £100
Options - You can make a one-off money transfer payment, or arrange a series of monthly payments using their Regular Payment Plans.
Delivery - Same Day Available On Most Major Currencies
GCEN FX Information
Global Currency Exchange Network is pleased to offer professional, efficient and cost-effective service to individuals and corporations needing to buy or sell currency on an international level. With years of experience and a dedicated team, let GLOBAL take the worry out of your currency transaction.
Global Currency Exchange Network has a wealth of experience in dealing with clients requiring foreign currency for purchasing a property abroad or those migrating to another country. We understand the importance of a fast and efficient service, which guarantees that all payments are made on time and are provided by a friendly but professional currency specialist.
Advantages
1. Service - Global Currency Exchange Network do much more than simply saving clients money on the exchange rate. We offer personal and cost effective solutions for a diverse client base ranging from those experienced with international transactions to those purchasing for the first time. We will carefully 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.
2. Avoid Exchange Rate Fluctuations - Because currency exchange rates change by the second it would be almost impossible to forecast exactly what the exchange rate would be when your transaction is processed. You may have negotiated the best price for your purchase, but it could easily be offset by a slight change in the currency exchange rate. Global Currency Exchange Network currency brokers can fix the exchange rates for you for up to two years which will protect you from future currency rate movements, helping you stick to your budget!
3. Market Expertise - Global Currency Exchange Network has a wealth of experience in dealing with clients requiring foreign currency for purchasing a property abroad or those migrating to another country. We understand the importance of a fast and efficient service, which guarantees that all payments are made on time and are provided by a friendly but professional currency specialist.
4. Excellent Services - In addition to providing you with a preferential currency rate, Global Currency Exchange Network also offer a variety of dealing mechanisms to help you optimize your transaction. Forward contracts, limit orders and stop orders are excellent ways of ensuring that you get the most currency for your money. GCEN free market analysis could also give you the edge you need to secure a better rate.
5. Security of Funds - Global Currency Exchange Network money transfers is regulated by HM Revenue & Customs (no:
12137189
), and is a member of the UK Money Transmitters Association. All client funds are held in client segregated accounts with our banking partner Barclays..
6. Personal Service -
Global Currency Exchange Network money transfer staff will
• Listen to your requirements
• Explain the various strategies available to you
• Educate you in the process of buying or selling currency
• Run through the legal and technical procedures in place at GLOBAL
• Liaise with your agent, broker or lawyer
• Confirm payment to any third party you specify
7. No Commission and No Fee's
8. Fast International Transfers - Global Currency Exchange Network will send your currency to its destination free of charge, by TT / CHAPS. GCEN can pay your solicitor, vendor, notary or supplier direct, saving you time and money. GCEN same day international payments are fast, reliable and free*. GCEN can also provide you with an internationally recognised payment confirmation as soon as your currency has been sent.
9. Free Account Opening Facilities - Opening an account is free of charge, there is no obligation to trade, and you will not be charged any administration charges for maintaining your account.
10. No Obligation Quotations - You can get instant dealing quotes from your account manager by telephone or email. The bank will often refuse to give a live quote, or will not inform you of your currency rate until later. Even worse, they may offer you the "tourist" rate of exchange, whereas on a large transaction, you should be offered a far better quote. Global Currency Exchange Network provide live, transparent quotes based on the amount of currency you are sending, so you truly know where you stand, and can budget accordingly.
Disadvantages
1. Longer account set up process if not residing in the UK.
Extra Services
Same Day Spot Contracts, Forwards, Stop / Limit Orders
Key Facts
1. Segregated client accounts held with Barclays.
2. Have helped thousands of people and businesses for currency transactions and advice.
3. FSA Regulated.
4. Regulated by HM Revenue & Customs.
Registered Company Name: Global Currency Exchange Network Limited - Foreign Currency Exchange. Registered in England & Wales.
HM Revenue & Customs Certificate of Registration for Money Laundering Regulation, Number:
12137189. None of the information contained in this website constitutes, nor should be construed as financial advice.
Please be sure to read the terms fully. Signing the agreement does not mean you need to trade but comes in to force when you commence a money transfer.
