Currencies.co.uk Review

Foreign Currency Direct  Quote:

“At currencies.co.uk about 53% of our business comes from recommendation and word of mouth which I believe is testimony to the fact that each and every client receives not only fantastic rates of exchange but that all our currency brokers offer outstanding professional service regardless of the amount the clients are converting.” Tom Higham, Sales Director.

Foreign Currency Direct About currencies.co.uk

Currencies.co.uk have been helping both private and corporate clients save money on their currency transfers for over 12 years and in that time have won numerous accreditation including being highlighted as the Best Exchange Rates provider for three consecutive years by the Sunday Times and more recently by the Telegraph and also being finalists in the National Business Awards for customer service. The company pride themselves on ensuring each and every client receives the same high level of service and excellent rates of exchange no matter how much they are transferring.

Foreign Currency Direct Contract Types

Currencies.co.uk offer a number of contract types for their clients including forward contracts where clients can fix a rate of exchange for a period in the future for just a small deposit perfect to help clients budget and take some of the risk out of the currency markets. Other contract options available include limit orders which allow clients to target a specific rate of exchange and let currencies.co.uk’s systems fix that rate when it becomes available which means if the client has some time on their side currencies.co.uk systems can do the work for you and help you make the most of any favourable movements.

Foreign Currency Direct No Commission and No Hidden Charges

Currencies.co.uk do not charge any commissions or hidden fees. There are no costs for any transfer above £50,000 and only a £15 charge for transfers below this level.

Foreign Currency Direct Security of Funds

Currencies.co.uk is authorised by the Financial Services Authority (FSA) under the Payment Service Regulation for the provision of payment services. As part of this regulation all client funds are held in client transaction accounts with Lloyds TSB in the UK meaning client funds are kept separate from the company’s funds. Currencies.co.uk are also registered as a money service business with HMRC.

In their pursuit of providing the most secure service currencies.co.uk pioneered the Irrevocable Payment Document (IPD). This internationally recognised proof of payment allows clients to track their funds when it has been transferred giving real peace of mind. Currencies.co.uk also have the best possible level for creditworthiness from Dunn and Bradstreet and as a PLC have their audited account available for viewing on the Companies House website.

Foreign Currency Direct Corporate Desk

During the 12 years of operation currencies.co.uk have also developed a substantial commercial desk which helps corporate clients who trade significant sums of money ensuring not only that they get the best rates of exchange but that they also receive information to help make the most informed decision through the experienced corporate dealing desk. Our experienced team have assisted some of the major house hold names with their currency exposure.

Foreign Currency Direct Open an Account

Registering for a free no-obligation trading facility with currencies.co.uk is easy and should take no longer than 2 minutes online and when your account is open you will have access to award winning currency rates with one of the UK’s leading FSA regulated currency brokers.

Testimonials:

“I used currencies.co.uk when I bought my home in Brittany and the not only did I save money compared to my bank it was a real pleasure dealing with the company who managed to stay both professional and friendly the whole time. I have since used them on a number of occasions and have also recommended them to friends who also have nothing but good to say about them.”

R. & S. Neville, Reading

“Buying and running a business abroad is invariably complicated and stressful so knowing that we can exchange and move money with the minimum of fuss and at a very competetive rate is a real bonus. The knowledge of the team at currencies.co.uk along with their honesty and speed are worth their weight in gold”

Paul Clark, Gite owner

What we offer clients:

• Award winning exchange rates
• Free no-obligation currency audit on your last trade – let us show you where the market was and what rates we could have offered you compared to your current provider.