GCEN Money Transfer

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Margin Rate
Minimum Transfer
Transaction Fees
Transfer Timescales
Financial Regulation
1%
200 minimum transfer
15 fee for under 5K No transfer fees over 5K
Sameday delivery on major currencies
Fsa authorised and regulated

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Are GCEN reliable?

Global Currency Exchange Network also known as GCEN run their money transfer platform where they work hard to establish and maintain long-standing personal relationships with its consumers and businesses. GCEN assist our customers with all facets of foreign exchange, from performing one off transactions to assisting with international payroll.

What’s good?

Global Currency Exchange Network offer an online service to any clients who are  registered with them. You can use this facility to even make payments by  prepaid card / debit card or credit card for smaller deliverable currencies and sell the following currencies British Pounds, Australian Dollars, Utd Arab Emirate Dirhams, Euros and US Dollars. There is a new lower limit, per deal, of just £200 (or equivalent value) and you can buy up to £5000 or equivalent value.

What’s not so good?

Global Currency Exchange Network deal with all major currencies but due to banking restrictions do not deal with all currencies.

What is GCEN Customer service like?

GCEN 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.

What is the Fee structure

There are no fees to register, no commissions and no telegraphic transfer costs. For transfers to Spain we also guarantee no receiving charges at any SPANISH BANK.

Can I trust GCEN with my money?

GCEN hold consumer and business funds in a separate client account making sure your funds are protected at all times. In addition they are authorised and registered by the FSA.

Additional benefits and Services

 

  • Commercial exchange rates
  • No transfer fees
  • Own personal dealer
  • Online trading facility
  • Online client area
  • Regular monthly payments at commercial exchange rates
  • Forward buying
  • Limit orders “we buy when the rates high”
  • No recipient fees (certain countries apply)
  • Bank payment confirmations

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