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Sending Money Abroad

Sending Money Abroad
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With Moneycorp, you'll get the best exchange rates available. What's more, with our online services you get fantastic exchange rates and low transfer fees. For fast, secure and cost-effective international money transfers.
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Currency Updates

Check here for regular updates for the major currencies. If you have any questions about a currency not listed here, feel free to contact me.
Matt Williams posted 01-12-2011 at 9:08
Matt Williams posted 06-03-2012 at 15:02
GBP/EUR : 1.1207 GBP/USD : 1.5755 GBP/AUD : 1.4921 GBP/NZD : 1.9387 EUR/USD : 1.3122 EUR currency update The week began with high hopes that investors would find something other than a euro crisis with which to occupy themselves. Greece's second bailout had been approved. The European Central Bank was preparing to lend a ...

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Guide to transferring money abroad

When purchasing your holiday money a sudden change in exchange rates can affect how much you have to spend on a couple of your meals. However if you are making a larger, international money transfer, say for buying a property abroad – a change in the exchange rate can make the difference between having that luxury villa with a ...
Matt Williams posted 17-10-2011 at 12:09

Overseas payments - Make sure your funds are safe

When you choose a company to help send your money abroad, it’s critical that you ensure your funds are safe. There are some foreign exchange specialists that are authorised and regulated by the Financial Services Authority for the provision of payment services and offer a safe alternative to sending your funds overseas with a ...
Matt Williams posted 17-10-2011 at 12:07

Top tips for sending money abroad

If you are transferring money abroad, it can often be difficult to work out whether you have found the best deal. There are a number of factors to consider when comparing quotes between banks and any prospective foreign exchange specialist. Below are 5 top tips to help you reduce costs and make your money go further: 1. Use a ...
Matt Williams posted 17-10-2011 at 12:05

Buying property abroad

If I'm buying a property abroad and want to save on the currency exchange how do I do this compared to a bank? Many currency brokers say commission free, but is the exchange rate really comparible with the banks? Thanks Amy
Amy foster-curtis posted 16-10-2011 at 9:40
Matt Williams posted 17-10-2011 at 11:58
Hi Amy, The exchange rate you receive from a bank is likely to differ from that offered by a foreign exchange broker. This is mainly due to the ‘spreads’ that they apply to the interbank exchange rate (the commercial exchange rate at which banks trade with each other). The size of this ‘spread’ can be dependent on the ...

Currency updates

Check here for regular updates for the major currencies. If you have any questions about a currency not listed here, feel free to contact me.
Matt Williams posted 15-09-2011 at 14:42
Matt Williams posted 17-10-2011 at 11:46
Hi Clifford, It looks like the 1.35 levels of a few years ago are long gone - baring another market crash a la 2008. That said the Greek exiting the Euro would cause a flood to the safe haven of the USD but according to Sarkozy and Merkel that will be resolved in the next few week. In the UK we are slowly crawling out of the ...
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