Global Web Pay Money Transfer Review

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Margin Rate
Minimum Transfer
Transaction Fees
Transfer Timescales
Financial Regulation
3% to 5%
£10
£4.75 fixed fee
Sameday delivery on major currencies
FSA authorised under Envoy Services Ltd

GlobalWebPay part of Envoy Services Ltd is authorised and regulated by the FSA as a Payment Institution (FSA reference number 502597) Global Web Pay Money Transfer Review

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Are Global Web Pay reliable?

Start transferring money overseas today with Global Web Pay. Open your free GlobalWebPay account in minutes. There are no signup costs or on-going maintenance fees. Once your account is activated, you can send money internationally at any time to anywhere. You can immediately send up to £500 or, once you have upgraded to a Standard account, £10,000 per month.

What’s good?

  • You can fund with your bank or debit card – it costs the same whichever method you choose
  • You do everything online from your PC
  • Money is paid directly to recipients’ bank accounts – they don’t need to have an account or wallet with us or collect the money from an office location
  • Email confirmations keep you informed – they send you emails and recipient at every key stage
  • You don’t need to provide any id for your 1st payment(s) up to £500
  • Payments arrive quickly – normally within 24 hours of funding being received

What’s not so good?

Global Web Pay deal with all major currencies but due to banking restrictions do not deal with all currencies but are looking to take on some obscure currencies.

What is Global Web Pay Customer service like?

GlobalWebPay works with Envoy Services Limited to bring the benefits of their network of global banking relationships and local payment methods to the online consumer. Together, GlobalWebPay access a global banking network of over 200 banks, used to deliver your money cheaply, quickly and securely with excellent customer service.

What is the Fee structure

£4.75 fixed fee – no hidden fees

Can I trust Global Web Pay with my money?

GlobalWebPay hold consumer and business funds in the Envoy Services Limited client account making sure your funds are protected at all times. In addition they are authorised and registered by the FSA.

Additional benefits and Services

 

  • £4.75 fixed fee – many providers charge a percentage
  • Better foreign exchange rates than most high street banks
  • No hidden fees – such as correspondent or recipient fees

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