Moneycorp Money Transfer

Moneycorp

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Margin Rate0.7%
Minimum Transfer5000
Transaction FeesStandard is 5 & Express transfer 9
Transfer TimescalesSameday to 48 hours
Financial Regulationyes

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More Information

Are Moneycorp reliable?

Moneycorp are experts in foreign exchange and international money transfers, Moneycorp can save you time and money by handling the whole process for you so if you need to send money as a one-off payment for any reason such as buying a property abroad, moving abroad, moving back to the UK or paying overseas suppliers Moneycorp can help.

What’s good?

The currency market can be extremely volatile, with exchange rates changing by the second. Transacting when rates are in your favour can make a big difference, and timing is crucial. That's where Moneycorp come in. Plus with businesses that make frequent foreign currency transactions and payments to multiple beneficiaries overseas there is a custom online system to keep everything up to date.

What’s not so good?

Moneycorp charge rates to send your currency overseas using £5 Standard (3-5 days) or £9 Express (1-2 days) service.

What is Moneycorp Customer service like?

Efficient is one word, see case study below

“My wife Linda and I bought a golf apartment in Soma Bay, Egypt in November 2010. We use this as a holiday home for ourselves, family and friends. We visit our apartment on a regular basis but we hope to live there for several months a year when we retire. We made the purchase with the help of Moneycorp, who we chose following recommendation by the Daily Telegraph.What is the Fee structure.

What is the Fee structure

£5 Standard (3-5 days) or £9 Express (1-2 days) service.

Can I trust Moneycorp with my money?

Moneycorp hold consumer and business funds in a separate client account making sure your funds are protected at all times plus the main shareholder for Moneycorp is the bank so your money is completely safe. In addition they are authorised and registered by the FSA.

Additional benefits and Services

  • Rate of exchange better than a bank, typically 3-4%. Thats approx an additional £30-£40 on a transfer as low as £1,000
  • Easy sign up
  • 24-hour access to live exchange rates
  • Transfer fees to countries France, Spain, Australia and New Zealand from only £5
  • 24/5 access to expert dealers
  • Experienced dealing team to help guide you through your foreign exchange transaction, from start to finish
  • Complete online Payment tracking and tracing

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Company Details

Company Location

100 Brompton Road, KnightsbridgeSW3 1ER

Tel: 020 7589 3000

Website

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