Currency Exchange

If you are based overseas or travel regularly, international money transfers can be a practical and cost-effective way of moving money between bank accounts in different countries.

These types of transactions are very useful if you are purchasing property, moving overseas, transferring a salary or pension or sending funds to someone abroad.

WHAT IS AN INTERNATIONAL MONEY TRANSFER?

An international money transfer is a way of moving money from your bank account to another account held in a different country. The process is fast and secure, and can be extremely useful if you are managing large or regular international transactions.

A range of companies can help you with International Money Transfers but it’s important to choose the right one depending on the type of transaction you are undertaking. This will help you to secure the most preferential rates and avoid high-fees or any other hidden costs.

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All you need to know about currency exchange

How does an international money transfer take place?

There are three ways that an international money transfer can take place:

  • Transferring at the current exchange rate – allowing you to send your funds immediately
  • Forward contract – transferring your funds on a specific future date at a fixed exchange rate
  • Limit trader – a pre-defined exchange rate set by you, often including a significant transaction fee

 

How much do international money transfers cost?

There is no set cost for an international money transfer, as these vary dependent on the bank or company that you use. Generally two key fees to consider are:

  • Transfer fees
  • Foreign exchange rates

 

How long do international money transfers take?

The time taken for an international money transfer varies dependent on the method of transfer you have chosen. Generally speaking an international transfer usually arrives in up to five working days.

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Belgium

Belgium

C/o The Nest Work, Ave de Broqueville 12
1150 Brussels, Belgium

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Cheltenham

Cheltenham

Pure Offices, Cheltenham Office Park,
Hatherley Lane, Cheltenham,
Gloucestershire, GL51 6SH

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Dubai

Dubai

Office 102-104, Level 1,
Gate Village, Building 6,
Dubai International Financial Centre,
Dubai,
United Arab Emirates

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Exeter

Exeter

The Senate, Southernhay Gardens,
Exeter, Devon, EX1 1UG

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Hong Kong

Hong Kong

Unit 1115, Tower 2,
Lippo Centre, 89 Queensway,
Admiralty, Hong Kong

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London

London

10th Floor, Nova North
11 Bressenden Place
London, SW1E 5BY

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Singapore

Singapore

6 Battery Road #16-04/05,
Singapore 049909

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Worthing

Worthing

Crescent House, Crescent Road,
Worthing, West Sussex BN11 1RN
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United Kingdom

Worthing (Head Office)

Crescent House, Crescent Road,
Worthing, West Sussex BN11 1RN
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