FCA Registered Payment institutions

Margin Rate: 1%
Minimum Transfer: £5000
Transaction Fees: £0
FCA Regualted: FCA Regulated
Margin Rate: 5%
Minimum Transfer: £5000
Transaction Fees: £25
FCA Regualted: FCA Regulated
Margin Rate: 5%
Minimum Transfer: £5000
Transaction Fees: £25
FCA Regualted: FCA Regulated
Margin Rate: 5%
Minimum Transfer: £5000
Transaction Fees: £0
FCA Regualted: FCA Regulated
Margin Rate: 5%
Minimum Transfer: £5000
Transaction Fees: £25
FCA Regualted: FCA Regulated
Margin Rate: 5%
Minimum Transfer: £5000
Transaction Fees: £25
FCA Regualted: FCA Regulated
Margin Rate: 0.8%
Minimum Transfer: £2000
Transaction Fees: £0
FCA Regualted: FCA Regulated
Margin Rate: 0.7%
Minimum Transfer: £5000
Transaction Fees: £0
FCA Regualted: FCA Regulated
Margin Rate: 0.7%
Minimum Transfer: £5000
Transaction Fees: 0
FCA Regualted: FCA Regulated
Margin Rate: 5%
Minimum Transfer: £5000
Transaction Fees: £0
FCA Regualted: FCA Regulated
Margin Rate: 2%
Minimum Transfer: 10
Transaction Fees: 0
FCA Regualted: FCA Regulated
Show all currency providers

FCA Registered Money Transfer Company?

When you are searching for a money transfer service in the United Kingdom. And you happen to use a provider based in the UK. You should look for a company that regulated by the Financial Conduct Authority (FCA). A money transfer company that FCA regulated means that it a legitimate company able to provide its services to consumers. The Financial Conduct Authority or FCA is an independent financial regulator based in the UK and it has replaced the Financial Services Authority.

FCA Regulated money transfer companies?
FCA has the mandate to make and implement rules and regulations which are designed to provide protection to consumers. By ensuring the stability of the financial sector and encouraging good competition between financial firms.Consumer protection.

The major reason for regulating a particular industry is to ensure efficient functioning. And stability and also protecting the consumers in the event of wrongdoing by the companies within it. In the financial industry, various regulations apply to different areas, focus being on institutions that make loans and take deposits such as banks.

FCA Registered Money Transfer Company

FCA Registered Payment institutions?
The foreign exchange brokers and money transfer operators under the classification of money remitters. And these are basically firms which facilitate movement of money from one account to another.And is usually in foreign currency and they have fees which they charge for this service. These money remitters have to maintain a certain level of capital if their turnover exceeds. Have to meet requirements when it comes to executing transfer orders, maintain extensive mechanisms for detecting. And deterring money laundering and meet rules on fair pricing in order for regulation.

The most important regulations which deal with customer protection are the requirement for all transactions. Segregated into accounts for insurance. This implies that any amount of money which you send through a money provider should not mix with that of the company. Hence protecting your money. The threat of fines encourages honest business practice and good customer service. If you are not happy with services from any financial institution. You can go and complain to Financial Ombudsman Service. FCA, Fair Trading office or a dispute resolution service.

Best FCA Money Transfer Broker

FCA Registered Money Transfer Companies?
FCA's scope. Their scope covers brokers that are majorly based in the United Kingdom. Hence if you want to send money from a broker who is based in a foreign country. You should ensure that foreign companies also regulated by an appropriate regulator in their home countries. Firms which are registered in a country that is outside the European Economic Area. Also operating in the United Kingdom but they will have to be regulated by FCA. Hence it is essential for you to make sure that the money transfer company which you are considering is regulated by FCA.

FCA Regulated Money Transfer Company?
A financial broker or a legal money transfer firm should be able to give you adequate information in writing before. And after you have made a payment and you should get documents which tell you. The charges to expect, the exchange rate used? How the person you are sending money will collect it? Confirmation of transaction details and reference number for completed transfers.

For a trader who is working with an FCA regulated broker will always get the best international currency rates possible. They will also be in a position to view as well as compare more number of quotes rapidly. That would enable them to make a favourable and quick trading decision which may, in turn, increase the trader's profit through trading.

FCA regulated currency companies will not charge any hidden fees which will cause the higher trading cost to the traders.

© 2018 : All Rights Reserved
Send Money Home Registered Office 334 Southend Road, Wickford Essex SS11 8QS. Trading Office 83 Ducie Street, Manchester M1 2JQ. +44 (0) 844 357 4755