Home - Money Transfers
With so many companies offering a service to transfer your currency, how do you know which is the best one, We only list the best providers in foreign exchange.
Transfer Provider |
Minimum |
Transaction Fees |
Margin Rates |
Transfer Timescales |
Restrictions |
More Info & Apply |
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£300 |
Free |
0.7% |
Sameday in major currencies |
No Cash |
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torfx freephone: 0800 612 6891 |
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TorFX provide outstanding exchange rates, expert guidance and a simple, friendly service that people will want to recommend to others. TorFX brokers, provide individuals and companies with money saving foreign exchange services. TorFX are one of limited foreign exchange brokers that will offer a guaranteed margin rate. |
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£100 |
Free |
1% |
Sameday in major currencies |
No Cash |
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Customers of AxiaFX benefit from dealing with a company that applies the highest standards of compliance, has a strong balance sheet and credit rating, and operates segregated client accounts. AxiaFX have a dedicated team to monitor and inform you of the best foreign exchange rates allowing you to get the best exchange rate. |
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£100 |
Free |
1% |
Sameday in major currencies |
No Cash |
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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 transactions. |
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£1000 |
Free |
1% |
Transfer with 24hrs |
No Cash |
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Moneycorp is an international foreign exchange and payments specialist. Moneycorp will find you the best exchange rate available. Moneycorp has the skills necessary giving you the range of foreign exchange services you need and guaranteeing your peace of mind when you send money overseas.
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£1000 |
Free |
1% |
Sameday in major currencies |
No Cash |
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telephone:
+44 (0)207 801 9080
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World First offer an honest and transparent approach, with exceptional service to World First clients and the ability to consistently offer the best exchange rate. World First are the FSA regulated to offer currency options, allowing you protection from negative movements in the exchange rate, allowing you to take advantage of improvements in the rate.
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£3000 |
Free |
1% |
When funds clear |
No Cash |
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Currency Solutions offer corporate or personal foreign exchange, Currency Solutions can provide you with excellent rates, personal service and up-to-the-minute market information, saving you time and money when it comes to currency transfer. Currency Solutions payments team complete all major trades within 3-24 hours and no commission or fees. |
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£100 |
Free |
1% |
Sameday in major currencies |
No Cash |
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Currencies Direct were the original pioneers of the non-bank foreign exchange market. Currencies Direct has the ability to offer private and corporate client's exceptional currency rates that banks rarely beat. With Currencies Direct award winning service and professional approach they can help you get the best currency rates for your money transfers abroad.
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The Different Methods of Money Transfer
International money transfer payments is the result of the constant elevation of technological breakthrough as well the increase globalization of employment. Instead of the bank transfer and money wire transactions before that takes no less than seven banking days, money transfer takes only minutes. More and more people select this process of sending money worldwide. International money transfer through foreign exchange is among the leading companies that provides money transfer service. No matter what country and currency used, they can easily do money exchange so the receiver can get the money in their local currency. As long as there is availability of foreign exchange Company in your country and area of jurisdiction, you can wire funds as fast as 30 minutes.
There are different methods of international money transfer services and the availability of these methods may differ in every area control.
Cash Transfer Method
By far this is the quickest and most fashionable process in money transfers overseas locally and worldwide. As long as there is an available agent in your area, you can easily go there and have the money wired. The availability of the agency to have co-agents in the country of destination must also be considered before you can send the funds. Money transfer in this method is appealing to the public since the advent of internet has lead people to place more trust in virtual communication. Even the payment of salaries for online jobs takes on a new form, which is quick and secure. For cash transfer that passes through agencies, they require two valid IDs for recipients to present.
To be able to claim the money, senders will have to give their recipients the transaction number, as this is the major requirement together with the sender's details. However intricate the process of claiming, this is still the favored money transfer patronized by many.
Money Order Method
This is another form of money transfer that is slightly cheaper compared with the cash method. Sender and receiver both have to go to the postal office in their area, one to send the money and the other for claiming purposes. For international money transfer in this method, although possible, have its own flaws. One is that there is amount limit set in one transaction. The same claiming procedure applies with money order as that of cash transfer. Full credentials and transaction reference number. The difference between the two processes is that you need to exchange it at your local post office for cash.
Bank Transfer Method
This is the popular option before, however, the process takes longer compared with the other methods. Usually, it takes 5 days or more before the money is available. You can send it via account charging or check sending. This money transfer services method is slightly expensive than the money order method.
If you are in a hurry and have immediate needs, your ideal choice would be the cash transfer. For international money transfers, send money to to broker where your currency transfer can be done the sameday or the following day.
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