Currency Index Money Transfer Rate
As people carry out their business trying to meet their daily needs, at times there is usually a need to transfer the different currencies as they use in the money market. In such scenarios, the currency index is of utmost importance in facilitating those money transfers.
Each country has its own currency index which helps determine the transfer rates for her currency. In those transfers, the purchase fee of one currency to the other is determined by the currency index of that country, which is determined the economy of the latter. In such transfers, therefore, admin fees are charged such that the buying of the one currency in regard to another is always cheaper than its selling price.
For easy transfers, online platforms have been created which assist one to check the currency index he wants to transfer or purchase and hitherto facilitate a faster process in the transfer of the currency. In these platforms, one can be able to see the total cost of the transfer rates are calculated before the transaction is carried out.
Creating those accounts is usually simple.
All that one needs to have a bank account, which you create by presenting your national ID card or even an official passport to the bank. You then deposit some money in your account and then visit the online client's website you want to create. You then comply with their terms and conditions. Without that, you can access the currency index and easily purchase the currency you wish to easily.
In some cases, ring-fenced accounts, which are the accounts where the client's assets are excluded from their net worth. These accounts are used in currency transfers to lower the transfer rates, especially where the currency index is high. Prefer purchasing currencies instead of the use of banks in that the purchase is a bit cheaper and some faster. There is no minimum amount to purchase but the maximum is set by the country's laws. The speed of the transfer depends on the method that one chooses.
Currency Index is leaders in the foreign broker's industry. For corporate or personal foreign exchange, Currency Index can provide you with excellent rates, personal service and up-to-the-minute market information, saving you time and money when it comes to foreign currency transfer. Our reliable payments team complete all major trades within 3-24 hours and we charge no commission or fees for our service.
Save Money - Many individuals and businesses still use their bank for foreign exchange transactions, resulting in poor exchange rates, a lack of personal service, and a "one size fits all" approach. Due to our established relationships in the "inter-bank" foreign exchange market, they are able to offer wholesale rates of exchange on transactions over £5,000.
- Avoid Exchange Rate Fluctuations - Because rates change by the second it would be almost impossible to forecast exactly what the 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 exchange rate. Currency Index can fix the rates for you for up to two years which will protect you from future rate movements, helping you stick to your budget!
Currency Index Money Transfer
Market Expertise - Senior dealing staff are drawn from financial market and banking backgrounds, bringing extensive knowledge of the foreign currency markets and always keeping you informed.
Excellent Services - Currency Index have years of experience providing financial solutions to businesses and individuals worldwide. Currency Index can help control risks, fuel growth and protect your future. They have developed an innovative range of products and currency transfer services that can help to minimise your foreign exchange risks and take the hassle out of international payments. Currency Index is committed to delivering excellence in customer service and solutions to help your business grow and compete more effectively in the global marketplace.
Security of Funds - Currency Index money transfers is authorised by the Financial Conduct Authority (FCA) to provide Payment Services (Firm Reference 504353). Currency Index is also registered with HM Revenue and Customs as a Money Service Business (Registration Number 0000012358614) as well as being registered with the ICO under the Data Protection Act 1998 (Registration Number Z1495263).
Personal Service - Each client is allocated their own personal account manager who will guide them through every stage of their foreign currency transaction. Friendly dealers will keep you informed as often as you wish, by email or telephone, and will do everything possible to help you get the most from your transaction. We pride ourselves on going the extra mile because unlike the "one size fits all" approach of the high street banks, Currency Index believes that our customers deserve a high level of service when making large currency transfers.
No Commission and No Fee's
Fast International Transfers - Currency Index can send your currency to its destination free of charge, by TT / CHAPS. Currency Index can pay your solicitor, vendor, notary or supplier direct, saving you time and money. Their same day international payments are fast, reliable and free*. They can also provide you with an internationally recognised payment confirmation as soon as your currency has been sent.
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.
- 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. Currency Index provides live, transparent quotes based on the amount of currency you are sending, so you truly know where you stand, and can budget accordingly.
Currency Index Money Transfer Rates
Open Currency Index Foreign Exchange Account. You have chosen to open a Currency Index Foreign Exchange Account, please ensure you meet the following points as this will make your application more likely to be approved.
Please Ensure That:
Your personal details.
Provide proof of address.
Provide passport as ID.
Your daytime phone number.
Confirm their terms and conditions.
- Proceed With Your Application
Please note that all quotes are free with no obligation to trade.
These points are simply a guide to the minimum acceptance criteria for Currency Index
Please ensure you read their terms and conditions and see a full list of terms.
A money transfer can only be completed once an account is opened. Please note that any currency exchanges under £5000 may incur a transfer fee.