International
Money Transfer Services
Our
international money transfer service provides
a simple, secure and fast method to transfer
funds to and from the UK for both personal
and business needs.
Online
FX international money transfers are a
highly convenient, secure and cost effective
way to transfer money to bank accounts
in over 70 countries worldwide. [
Show me the countries list
] |
Step
by step process of money transfer
On
completion of the international money [ Transfer
request form ] an operator will
contact you following the step-by-step process
listed below.
| Step
1 |
A
currency dealer/operator will contact
you and inform you of the [
indicative rate ] for the
currency you have requested.
If you are in agreement for the money
transfer to take place a confirmation
transfer form will be sent directly to
you, this requires a signature and can
be faxed back on 0207 224 5723 (0044)
INT code. The dealer/operator will then
inform you of our account details for
transfer of fund. Online transfer, BACS
and Cheque, can make payment to our account.
|
| Step
2 |
Upon receipt of the cleared funds to our
account, we will confirm the actual currency
transfer rate and process the international
money transfer.
|
| Step
3 |
The
money transfer will be completed and a
confirmation sent to you. This is a unique
reference number for you transfer please
keep this for your records. |
General
information
Online FX IMT's are a highly convenient, secure
and cost effective way to transfer money to
bank accounts in over 70 countries worldwide.
For a list of countries and the currency applicable
[ click
here ] Owing to the current political
situation in many countries, we have had to
restrict the number of countries available.
If the country you wish to transfer to is not
on the list, contact us using the enquiry form
on the site. We will advise you whether we can
help or not.
Please
call us free on 0800 0 930 930
for further information or Money Transfer
Rates.
Money
laundering compliance regulations may require
additional information in order to make the
transfer. Please note, for transfers over 1000
sterling pounds equivalent requires a copy of
your passport or photographic I.D driving license
and a recent utility bill.
What
does it cost?
Please note all sums quoted are for GBP sterling
equivalent amounts. Transfer cost: £15.00
Compare
that with up to £30 for each transfer
charged by high street banks. Under certain
circumstances we can arrange a same day transfer
to Europe and the U.S. The cost of this service
is between £5 and £10 extra.
Please
Be Aware
some banks use an intermediary bank to process
transfers on their behalf. These banks may make
an administration charge.
All receiving banks make an administration charge
for receiving transfers. We are unable to advise
on these charges as they vary from bank to bank
and country to country. It can also depend on
the arrangement the recipient has with the bank.
These are not Online FX charges and we are unable
to accept responsibility for any amount deducted.
Please check with the recipient, especially
if the amount to be placed is critical, e.g.
payment of bills, property purchase.
If
you have any queries, please do not hesitate
to contact us on our free number 0800 0 930
930.
Transfer
Amount
Our minimum transfer value is now £50.
With our IMTs you can transfer any amount from
£50 or equivalent in foreign currency.
Just make cleared funds available to us and
we will take care of the rest.
Faster
than bank transfers
Our IMT's take just two working days to reach
countries in Western Europe and North America,
and four working days for the rest of the world.
In comparison, bank transfers can take up to
14 days.
Restrictions
We specialise in transferring funds from the
UK. We have limited ability to receive funds
from the United States (USD only) and EEC (Euros
only).
Indicative
rate
Currency values are constantly
fluctuating and the currency rate quoted is
known as the indicative rate. This currency
rate represents the value and amount if we were
making the transfer at the time of enquiry.
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We
are unable to carry out same currency transfers.
E.g. Sterling transfers, Dollar account to Dollar
account etc. |