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1 GBP = 1.11349 EUR
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International Banking Payment Facility

why use a currency broker than your bank

Want to transfer money internationally?

Which banks offer International Banking Payment Facility? When you want to transfer money internationally? Why do you stick to old and traditional method of sending money to your near and dear ones living abroad like international banking payments? And these methods sometimes fail to achieve what they promise and you end up with huge loss. Choose easiest and cheapest ways to transfer money internationally. There are several times when sending money abroad becomes inevitable. Many individuals and organisations do not even mind in paying big amount of money for instant funds transfer. If you have someone living in a foreign country and you need to send funds immediately, then there is no better option than Voltrex or Currency Solutions.

International banking payments made easy

Choosing Travelex or Moneycorp transfer services may not be the cheapest way, but you can be assured of a good service. International money transfers involve an easy and simple procedure. You are required to fill up an application form by giving all the details – both of the sender and the receiver. The details may include your and the recipient’s name, address, bank account number, phone number and sometimes PIN code if necessary. After filling the form, you need to pay an extra amount to the agent as fund transfer fees. You can further add a message of 10 words if you like to. If you opt to use Western Union then the money can be collected by the beneficiary from a local Western Union agent. The recipient will get the amount in the local currency of the country.

International banking vs online currency transfers

Apart from Voltrex, there are numerous ways through which you can transfer the money. You can do international money transfer comparison to know which way is the most suitable for you. Various international money transfer companies exist in the market with their different money sending procedures such as next day and instant.

You can also choose net banking for payments if you make online purchases for amounts up to £5000 where you then start getting the same rate of exchange for larger payments meaning a poor rate of exchange. Companies like International foreign exchange can offer better currency rates when in need of an international money transfer service.