CentralFX Review -Foreign Currency Exchange Payments

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Margin Rate: 0.9%
Minimum Transfer: £5000
Transaction Fees: £0
FCA Regualted: FCA Regulated

CentralFX Exchange Rates

If you head to the Central FX website, you will probably notice straight away that this company has mainly been put together with the intention of serving business users. That being said, it is still a worthwhile company to deal with, even if you are just an individual. Let me explain.

Central FX is one of the newest money transfer companies on the block. They have only been around since 2008. However, they already hold quite a prestigious place in the heart of many businesses throughout the United Kingdom. This is, in part, down to the fact that they have a rather prestigious location in the heart of London, and this has generated them quite a lot of business.

As I mentioned previously, Central FX has built their business around serving business customers. This, of course, is going to be highly beneficial to individual users. This is, in part, down to the fact that Central FX, dealing with thousands upon thousands of pounds worth of transactions on a daily basis, can drastically bring down the exchange rates. They always get the best possible deal. This means that both businesses and individuals can benefit. Sure, the price is not the cheapest around, however, it does not have to be. It comes pretty close, and the personalised service offered by Central FX is more than enough to make up for this.

The company boasts some of the best money transfer technology in the United Kingdom. In fact, there are a few companies out there which actually utilise the systems that Central FX have put in place, although of course, this has been offered as a white label solution. The systems that Central FX have in place ensure speedy transactions (the money will, quite often, land in foreign accounts in just a couple of days). In addition to this, the systems are incredibly easy to use. Even if you have absolutely no experience in the world of computers, although most of us do nowadays, you should be able to make a transfer online in mere minutes.

Central FX can transfer to any account in the world. It is one of only a few companies that is able to do this. All you need is the details of the bank account you are sending money to and you should be good to go.

The only real downside to using Central FX is that most payments need to be dealt with over the telephone. This can be quite cumbersome in comparison to other companies out there which allow you to use the internet to send your money. However, as I mentioned before, Central FX is a company which heavily invests in customer support and the process tends to be rather speedy. You can, of course, make limited transfers online, but whenever I use Central FX I have always preferred to use the telephone. There is just something about speaking to somebody about my finances which I love ever so much.

I recommend Central FX to both individuals and business users.

Product Features

  • Banks offering International Payments: Banks offering International Payments
  • Buy Holiday Money Online: Buy Holiday Money Online
  • Cash Payments: Cash Payments
  • Make Instant Payments Under £1000: Make Instant Payments Under £1000
  • One off Large Currency Transactions: One off Large Currency Transactions
  • Remittance Providers in the UK: Remittance Providers in the UK
  • Send Regular Transfers Overseas: Send Regular Transfers Overseas
  • Commission Rate: 0%

Company Details


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