Frequently Asked Questions
How does Moneycorp save me money?
First, by offering better currency exchange rate than high street banks whenever you need to buy foreign currency. Secondly, by ensuring that you actually buy foreign currency at the most favourable time. Thirdly, we don’t charge any commission and, because our transfer fees are among the lowest around, you will always save that little bit extra.
How do I know my money is safe?
Moneycorp has been trading for over 30 years and – an exceptional achievement in the foreign exchange industry – and has maintained ISO 9000 Quality Assurance certification since 1996. We are also authorised and regulated by the Financial Services Authority for the conduct of designated investment business and the provision of payment services.
Is dealing with Moneycorp going to be time-consuming?
No, definitely not. Opening an account takes no more than a few minutes and can be completed online or over the phone. Everything else can also be dealt with by phone and, when you think of how much you’ll be saving, then that brief and simple call will be money well spent.
What is the minimum amount that I can transfer?
The minimum amount of money that you can send under our regular payment plan is £250.We can handle any other transaction that you may have to make, irrespective of how large or small it is.
How long do the transfers take?
That depends on where in the world you are sending funds. Usually, transfers to Europe and North America arrive on the same day, while transfers further east take two days. Your Moneycorp account manager will always be pleased to advise you.
What happens once I’ve opened an account with you?
Having established your individual needs, your Moneycorp account manager will be only too happy to explain all the options available.
Open an account today