Currencies Direct is one of Europe’s leading non bank providers of international foreign exchange, money payment and currency transfer services for individuals and businesses. Whether you need to make a one-off payment immediately or require regular transfer to or from a bank in another country, they have the service available to meet your needs.
They have over 20 branches located in London, Spain, France, Portugal, USA, South Africa and India. Currencies Direct work with over 7000 partners providing services to over 325,000 customers worldwide.
|CURRENCIES DIRECT||MIN. TRANSFER||SPEED||FX MARGIN RATE||*GUIDE RATES||MORE DETAILS|
|GBP £ - to EUR||£100||1 DAY||0.7 to 1.0%||€1.136 to €1.14||FREE QUOTE|
|EUR € - to GBP||€100||1 DAY||0.7 to 1.0%||£0.862 to £0.865||FREE QUOTE|
Euro Transfer currency exchange rates are automatically updated daily (Monday to Friday) at 09:00 GMT.
If you are making an international money transfer, you can benefit from Currencies Direct expertise in seeking the best possible foreign exchange rates. Currencies Direct can help to protect you from foreign exchange rate fluctuations and save you time and money on international payments, a wise choice for both large transactions and regular smaller transactions.
Currencies Direct are the only money transfer provider with a large retail presence, phone service, online service and mobile app. So, however you want to get in touch, they’re all ready to talk.
Banks typically apply an exchange rate margin of somewhere between 2 and 6 percent on overseas transactions to other currencies, such as the euro (EUR) or the US dollar (USD). This means that if you were to make a bank transfer overseas using a standard bank service, then you could potentially lose thousands of pounds due to the poor foreign exchange margin rate offered by banks.
Currencies Direct is one of Europe’s oldest (and largest) foreign exchange specialists. In fact, they were the first company in the UK outside the banking industry to offer specialist currency services and have helped more than 325,000 corporate and personal clients, and they process £7.5 billion in currency payments every year.
Setting up a Rate Alert is basically telling your Currencies Direct personal dealer what exchange rate you’re interested in, and what you think is an acceptable deal. They will then assign a member of their team to monitor the markets for you, who will notify you when the rate becomes available.
Banks simply don’t have the time to offer this service, which is why they’re less useful for big decisions (like moving abroad or buying overseas property). With a Rate Watch, you can set up as many searches as you like and leave the rest to your Currencies Direct personal dealer.
Most importantly, when your desired rate arrives, you’re under no obligation to actually trade. It’s just a great way to keep abreast of what’s happening in the currency market so you know when the best time is to start trading if you need to.
Currencies Direct Ltd is authorised by the Financial Conduct Authority as an Electronic Money Institution under the Electronic Money Regulations 2011. Their FCA Firm Reference number is 900669.
In addition, Currencies Direct subscribe to the Non-Investment Products code created by the Bank of England which regulates companies involved in foreign exchange transactions such as spots and forward contracts.
To register with Currencies Direct, there’s no obligation to trade, sign up free today: click here to register