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Send your international payment instantly and for free
Transferring large payments? Then don’t use your high street bank. Instead use compare money transfer its the safest and best way to exchange large amounts of currency
Currency Brokers vs High Street Banks? So who offers the best exchange rate? Thousands of people send money internationally every day from making a remittance payment to buying a property overseas. Especially businesses who pay for importing and exporting, wages or products overseas. Now to make international money transfers is a safe, simple and same day process.
The era of hundreds of currency brokers trading from home or setting up a company because their boss is making more money has now stopped. Money transfers is a regulated industry to protect business and consumers who have the need to send money overseas. Due to the liquidation of several foreign exchange providers, the Financial Conduct Authority changed the way business funds and consumer funds are held.
Any company that makes money transfers internationally have to have funds in place to ensure first the business can sustain itself for a long period of time without any cash injections. In addition, all funds received have to be held in a segregated client account. Money transfer payments are all to be conducted from this account. Plus all companies that trade currency must be FCA-authorized or FCA regulated. A company code of conduct and complaints process in place so someone will listen to your issue and not sweep it under the carpet.
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