The length of time a Money Transfer Overseas takes to complete can change depending on a few variables: which company you choose to make the Money Transfer Overseas, the date and time the transfer is to be made, and the destination country of the transfer. International Money Transfer Overseas may take as long as 3 to 5 working days, and possibly as long as 2 weeks. For an extra fee, a next day Money Transfer Overseas can be provided, depending on the deadline.
If you are unfortunate enough to have a company lose your money but not go bust, in the first instance make a complaint to the company involved. Should you not receive any redress, then you may make a complaint to the Financial Ombudsman Service, (FSO). They will investigate the complaint on your behalf, and if they find the Post Office is in the wrong, you may get your money refunded. To check if a company is regulated, authorised or simply registered, you can search for them on the FCA register. An alternative to having to do this is not to use a specialist currency broker, but to use the services of a high street bank, though they generally cost more in fees.
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