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Currencies Direct


Money transfer made simple

If you're looking for a fast, easy way to transfer money overseas – without the hassle and cost of dealing with your bank – you're in the right place.

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  • Find out how it works
  • Compare us to the bank
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For you

We're here to make money transfers abroad simple – that means offering a helpful service and getting you a great deal. No problem.

To make sure that happens, we’ll take the time to understand what’s important to you and what you want to achieve. Simple as.

  • Find out how it works
  • ​Have a look at our services
  • Safety of your funds

For businesses

We’ll get to know your business and help pick the right products to help you make more profit, whether you're selling directly to customers, or via a marketplace like Amazon.

We sort out the foreign exchange, while you focus on moving your business forward.

  • Find out how it works
  • E-tailers and Online Sellers
  • Monitor the currency markets

How it works

  1. Join. It’s quick and easy, and there's no obligation
  2. Choose a currency and an amount to transfer, and tell us where you want to send it
  3. Make your payment to us
  4. We’ll send the funds as soon as we receive your payment


How it works

When you send money overseas, who does that money belong to? Really – it’s a serious question. Ideally the answer would be that it’s yours, but not everybody agrees. Especially not your bank!

Your bank will take money in fees and unfair exchange rates when you move use them to make an international money transfer. They’re not in any rush to get it done, either.

Here at Currencies Direct, we’re a bit different. We change money from one currency to another quickly and easily, and we don’t charge transfer fees. It works like this:

with us.It’s simple and only takes a couple of minutes

2.Choose a currency and an amount, and tell us where to send it: You can transfer money to your own or another person’s bank account abroad (or directly to a business' bank account).

3.Make your payment to us in your local currency.You can do this through a regular bank transfer, with your debit card or even with a cheque.

4.As soon as we receive your funds, we’ll send the money to your chosen bank account.And because we send the money from our in-country account,we don’t charge any transfer fees–which saves you even more money.

That's it! Pretty simple, right?And you could end up saving thousands compared to using your bank.

Safety of your funds

We understand that you've worked hard for your money, so that's why its safety is our top priority.

We are authorised by the Financial Conduct Authority under the Payment Services Regulations 2009 (FRN Number 504360) for the provision of payment services. We've also got Dun & Bradstreet's highest possible credit rating (Level 1). You can read more about ithere, or please get in touchif you have any questions.

So relax and enjoy a cup of tea while we handle your overseas transfers — your money is in safe hands with us.

Spot contracts

When you need to make a one-off, “on the spot” transfer, a spot contract is all you need. It’s the quickest and easiest way to send money abroad, and there are no hidden charges and no transfer fees!

A spot contract allows you to agree an exchange rate (online or on the phone) based on the current market rate. It's what most of our customers use when they just want to send money overseas, here and now.

Our friendly team of experts will help you to secure the best rate for your currency transfer. Once you send us your payment, we’ll send it straight to your overseas bank account.

Registering with us couldn't be easier. It takes a couple of minutes, you can do the whole thing online, and once you’re done, you're free to transfer straight away.

Forward contracts

Sometimes the current exchange rate is too good to miss, but you don’t want to send your money just yet. This is the perfect time to arrange a forward payment. This is a great option for when you like today’s rate, but you don’t need to make a payment right away.

By doing it this way, you can secure the rate you want, but you don’t have to make the payment for up to a year. This protects your finances from any adverse moves in the market, because we can make sure your high-value currency purchases are done with complete peace of mind.

You can lock in your forward payment for a 10% deposit.

If that sounds like the sort of thing you need, then just register with us and we’ll do the rest. It only takes a couple of minutes and you’ll be making transfers in no time at all.

Regular transfers

If you need to send money abroad on a regular basis, it can get a bit complicated and stressful. The bank might take too long, and your rate may not be as good as it could be.

When you’re talking about serious transfers (pensions and mortgage payments are serious, right?), then you want them to be as straightforward as possible.

Using a simple Direct Debit system, we can set up any number of payments you need to send in all major currencies. The payments are sent automatically, so you get to enjoy hassle-free transfers and save money at the same time.

Talk to us today about how we can help, or just register with us and get started straight away!

Limit orders

If you have an exchange rate in mind, or a ‘target’ rate, you can set a Limit Order to automatically purchase the currency should this level be possible.

Simply talk to one of our currency experts and tell them how much you want to purchase and the currency pair, and they'll do the rest.

Once your target has hit, we'll contact you to confirm the next steps of the transfer.

Rate Alert

We’ve always got an eye on the foreign exchange markets to make sure we get the best rates. Just let us know what you’re looking for and we’ll keep an eye on it for you too.

Setting up a Rate Alert is basically telling us what exchange rate you’re interested in, and what you think is an acceptable deal. We then assign a member of our expert team to monitor the markets for you, who will notify you when the rate becomes available.

Banks simply don’t have the time to offer this service, which is why they’re less useful for big decisions (like moving abroad or buying overseas property). With a Rate Watch, you can set up as many searches as you like and leave the rest to us.

Most importantly, when your desired rate arrives, you’re under no obligation to actually trade. It’s just a great way to keep abreast of what’s happening in the currency market so you know when the best time is to start trading if you need to.

Set up a Rate Watch today and make sure you get the currency deal you want.

Beating the banks

Here's all the information you need about getting a better rate than a high street bank. It's a little bit daunting if you haven't got all the info you need, so we've laid it all out for you here, updated with the most up-to-date rates we have so you know you've got the market covered!

Our services

When it comes to foreign exchange, getting the most out of your money involves three things – converting currency at the right time, at the best rate, with the lowest fees. We also think it should be simple and easy… but that should come as standard, right?

Not always.

That’s why our approach is better than the bank’s. Foreign exchange transfers are a tiny fraction of what a bank offers, so they haven’t got the time or the people to help you get the best deal. With us you get a dedicated team whose sole responsibility is to provide a personal service to you.

Whether you’re buying property overseas, emigrating, or just sending a foreign currency payment, we can help you out. Have a look at the services we offer below – if you need to transfer money abroad, then let’s talk!

Overseas property

If you’re buying or selling a property overseas, you’ll find there’s a lot to think about. Talking to us will remove at least one of those complications – moving your money abroad.

One of the reasons our customers are so happy is that we constantly beat the banks on exchange rates, giving them savings that could possibly even be the costs of a new kitchen.

It’s not just buying new property we can help with either. If you’ve got a mortgage on an overseas property, we can set up those payments for you too. We’ll save you time and give you a rate that’ll save you money. Easy!

If you're selling, you'll need to move your money home–and we'll make sure you don't lose out when you're organising the transfer side of things.

So, whether you’re converting pounds to dollars, or dollars to dinars, we can help. We won’t baffle you with jargon or add any sneaky fees into the mix. Just a friendly, helpful and informative service. Let’s talk!


Moving to a new country is a serious business. With all the excitement and decisions you need to make, wouldn’t it be nice to remove foreign exchange worries from your to do list?

We’ve been helping people move their money round the world for almost 20 years, and we’re pretty good at it too. The foreign exchange markets can change in the blink of an eye, and timing your transfers well can make a huge difference to what lands in your overseas account.

When starting a new life overseas, you'll probably need to transfer a lump sum. You may also have an income from home (or bills to pay there) and this usually makes money transfers tricky. However, we've got a suite of products tailored for just that… whether it's a large one-off transfer or a regular commitment.

By talking to our team of experts about what you’re transferring and when, you can be sure that we're watching the markets for you. Most importantly, you can make sure the rates you trade currency at are the ones you want, and the ones that get you the best deal.

Talk to our friendly team of experts today and we’ll see how we can help.

Regular payments

Many foreign exchange transfers require a set of regular payments rather than a one-off. Mortgages are a great example… or perhaps you need to send your handyman in Spain his monthly fee?

We don’t think that should be any harder than setting up a payment at home. But for some reason the high street banks make a big fuss about it, with long waiting times on the phone and unnecessary fees and charges. Simply tell us who you want to get the currency to, when they need it, and how much you’re sending… and we’ll do the rest.

You can choose to fix the amount you’re sending, or the amount that arrives. And, as an added bonus, if you like the exchange rate you’re getting, we can fix it for up to a year.

You can track your payments at any time with your online account, and you won’t have to worry about any sneaky fees that banks like to whack on at the end. Our regular transfers are completely free.

Ready to talk?

Online money transfers

Looking for a fast, simple way to send money overseas? Look no further.

Our online money transfer service is designed to cut out the hassle and give you the best value. We don't charge transfer fees and our rates are great too. We're sure you'll be telling your friends about our service in no time.

Our online service offers some great benefits:

• Transfer money 24/7
• Bank–beating exchange rates
• No transfer fees… ever!
• Service is 100% secure
• Get live exchange rate quotes
• Manage payees
• Buy currency now and send it later
• Send money to more than one payee at a time

Travel money

We like simple. That’s why we’ve partnered with WeSwap, our recommended travel money provider. They swap your money directly with other travellers and beat the banks (and bureaux de change) in the process.

WeSwap.com – the new way to get travel spending money. Swap your money with other travellers, via the WeSwap web or app and enjoy the best exchange rates and the lowest fees available.

Supported by a MasterCard® debit card, the WeSwap platform lets you swap into 18 different currencies and saves you, up to 90% compared to banks and bureaux.

Safety of your funds

Your money in secure hands with us.

The world of foreign currency can be a strange and confusing place. If you’re makingoverseas transfers for the first time, you want to make sure your funds are safe and you're getting the best possible deal.


Business foreign exchange

Using the right business partners and suppliers will let you add agility, scale and expertise to your organisation when you need it.

Currencies Direct can be your foreign exchange partner, offering deal execution across a wide range of currency pairs and tools, as well as helping you to plan your market and cashflow management strategies.

Foreign exchange as a service

Many medium-sized businesses benefit from international trading opportunities. Sometimes this is part of a business plan, but often it just happens as and when opportunities arise. In either case, companies find that they need to change their plans at short notice to take new circumstances into account. This can increase the pressure on individual departments in terms of the volume and variety of work; more work is required with fewer resources and tighter deadlines.

Treasury department

One of the effects of a rapidly changing business enviroment is that the role of corporate treasurer has grown from being mainly a cash manager to being a strategic advisor and senior executive. However, the size of treasury teams has either remained static or shrunk because of operational margin pressures.

It’s getting harder for corporate treasurers to keep responding to the demands of changing international business, increased management expectations, and fixed operational budgets.

Regulatory info

‘Business with integrity’ is what we’re all about, and we’re committed to making our service as safe, robust and secure as possible. We’ve been around since 1996, and have always strived to maintain this approach.

Currencies Direct Ltd is authorised by the Financial Conduct Authority as an Electronic Money Institution under the Electronic Money Regulations 2011. Our FCA Firm Reference number is 900669.

In addition we subscribe to the Non-Investment Products code created by the Bank of England which regulates companies involved in foreign exchange transactions such as spots and forward contracts.

You can find our Terms & Conditionshere, or please feel free to get in touch if you have any questions.

Frequently asked questions


How do I register?

You just need to fill in a simple online form to register with us. Clickhereif you want to register as an individual or clickhereif you have a company that needs our services.

I don’t know if I want to register as yet. Is there someone I can call to find out more?

We’d love to hear from you! Just give us a shout on +44 (0) 20 7847 9400.

Why do I need to register?

Registering with us gives you access to our online system so you can easily send or receive international funds. You’ll also have access to one of our account managers who can give you a live market quote over the phone.

There’s no catch to registering with us. If you don’t want to make any payments through us you don’t have to. Registration is free and it gives you access to our team of experts. Ready to register? Clickhere.

Why do I need to give you copies of my bank account and my passport?

In order to comply with FCA and HMRC guidelines we need to know who you are and where you live. We never share any of your data with anyone else and we store all our customer information securely.


Why should I trust you with my money?

We’re registered with the FCA so you know your money is protected by their code of ethics. We also keep your money in a segregated account so we’re not using your money to run our business.

How can I transfer my money?

There are lots of ways to transfer your money – if you’re using our online system you may find it easiest to use your debit card. You can also transfer your money using our online banking system or we can set up a direct debit for regular transfers.

How long will it take for my money to be in an account overseas?

It will depend on where you are sending the funds and how long it takes you to settle with us. We can send money to countries in Europe on the day you book the deal but it usually takes between 24-48 hours. We send a lot of payments so just talk to us and we can tell you how long your funds will take.

How can I find the IBAN number of my payee?

The correct IBAN number ensures that the money you’re sending reaches the correct bank account overseas. (IBAN stands for international bank account number). Just ask the person or company you are paying to give you their IBAN number. Usually if you’re settling an invoice it will be documented on the invoice itself


If I live outside of the UK can you still help me?

Yes, we have thousands of customers who are not resident in the UK. We also have offices all over the world so we may be able to help you somewhere locally – click hereto find out more about our locations.

Someone wants to send me money from overseas. Can you help?

We help both individuals and companies who are receiving funds from abroad. We can tell you exactly how much sterling you’ll receive and where to send the foreign money. We’ll then transfer these funds into your sterling account. It’s so simple.

Rates and charges

How is my exchange rate calculated?

The exchange rate that you see on the news is called the ‘interbank rate’ – it’s not a rate available to companies or individuals. At Currencies Direct we are able to buy currency at a wholesale rate and we pass the savings we receive from buying in bulk to our customers. You will always get quoted a price for the currency you want to buy or sell whether you trade online or over the phone.

The exchange rate changes every few seconds but once we agree a rate with you – that’s the rate you’ll get.

What are your charges?

There are no charges for most of our transactions and no hidden fees or commissions. If we do charge for a service we’ll tell you upfront so you know exactly what it’s going to cost you. We do 90% of our transactions for free!

Currencies Direct