Post Office
Post Office where you pay no fees to transfer money between UK and overseas bank accounts
- No fees to send or receive money
- £250 minimum transfer amount
- make transfers online or by phone*
- 0% commission and competitive exchange rates updated live
- transfer straight from your bank account – you don’t need a Post Office® account
- fast and secure transactions
- fix your exchange rate
Whether you’re sending money to family, giving a wedding gift, buying a house abroad, or just paying a bill, the Post Office International Payments service is a safe, quick, and cost-effective way to transfer money abroad.
Post Office One-off International payments
- All international money transfers are done online or over the phone depending on the amount you need to transfer. You can transfer any amount from £250 to £300,000 safely and securely online. For payments over £20,000 you can use Post Office telephone service where a specialist team member will give you clear guidance and offer quotes tailored to your specific needs. Transfers under £20,000 must be made online.
- Post Office offer competitive rates. Post Office transfer your money and send you a confirmation of the transaction.
- Pay using a UK debit or credit card or electronic transfer. Post Office don’t charge you but your credit card company may charge 1.5%.
If you transfer more than £70,000 you must use electronic transfer such as CHAPS, BACS or telegraphic transfer.
Post Office Regular payments
Need to make the same payment every week or month? It could be easier for you to set up a Regular Payments Abroad contract.Where you can save time by paying by Direct Debit. The Post Office take a deposit as Post Office buy the total amount of currency you need up-front. Post Office then use this for the final payment.
To set up a Regular Payments Abroad contract, call us on 0800 180 4703, 9am-6pm Monday to Friday.
Post Office Fix the exchange rate
Fixing an exchange rate for your overseas money transfers can:
- help you budget if you make regular payments – your payments won’t go up and down with currency fluctuations so you know the exact amount that will be taken each time
- save you money – you can fix an exchange rate up to 12 months before making a payment, so if you think the pound is doing well against the currency you need, you could have more foreign currency if it gets stronger
Post Office Payment methods
For amounts from £250-£70,000 you can pay by credit or debit card (UK registered) or electronic transfer. If your amount is over £70,000 you can only pay by electronic transfer. When you need to transfer money to bank accounts abroad, look no further than International Payments from Post Office.
Post Office – There are no fees
It costs you nothing to transfer your money. And with no hidden extras our international money transfer service is way ahead of the competition. Post Office International Payments don’t charge commission or fees to transfer your money abroad. If your bank charges fees to send or receive the money just send us a copy of your bank statement as proof of payment and Post Office give you a full refund.
Post Office service you can trust
Post Office International Payments service is provided by HiFX PLC. HiFX PLC is authorised by the Financial Services Authority under the Payment Services Regulations 2009, registration 462444, for the provision of payment services HiFX PLC is also a registered MSB with HM Revenue & Customs – reg no: 12131222.Online Security
Post Office Security of Funds
When buying or selling currency with Post Office, your funds are held either in pooled client trust bank accounts or are held at one of HiFX brokers as cash in transit or collateral to meet our obligations relating to clients’ trades. Funds can be used to fulfill the contractual obligations of our clients but will never be anywhere other than, in the segregated client accounts, with our banking counterparties or in transit i.e. being sent.
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