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Check your email, you will have received some information from currency brokers about their services.
If you are not quite sure how to compare currency quotes, have a quick read of our article How to compare currency quotes. This basically highlights the key questions you should ask money transfer providers.
Here are a few suggestions of currency brokers that can provide discounted rates.
Travel Money and Cash
Post Office Travel Money are a major online supplier for travel money offering over 70 currencies with the convenience of free delivery to either home or collection in over 11,500 branches.
- Order from £400 to £2500 – you can buy from £400 to £2500 and order up to 5 days in advance.
- FREE delivery on online orders**
- Choose next day delivery or collect from any Post Office branch
- Voted ‘Best Foreign Exchange Provider’ at the British Travel Awards for 7 years running.
Large Money Transfers
Linear International Payments – offers fee-free foreign exchange and rates that get better the bigger the deal. Clients can convert and transfer money online or over the phone. Minimum transactions are £10,000. They also assist with hedging and currency risk management.
Medium Money Transfers
CurrencyTransfer.com aggregate pricing from multiple currency brokers to provide individuals and businesses with personal service at online pricing rates.
Small Money Transfers
Transferwise – are great for small transferring small amounts of money as they operate on a peer to peer basis. The concept is that you are not actually transferring money but swapping it with other customers in different countries. There are fees, but for small transactions, they are significantly cheaper than the banks.
Compare Currency Brokers and Money Transfer Providers
|Currency Broker||Who are they?||What do they offer?||CEO Interview||More Info|
|Currency broker OFX have transferred over £78b in currency conversions for 1 million customers around the global. They have a network of 115 global banking patterns, offer over 55 currency pairs, are regulated by over 55 global regulators and offer 24/7 customer service.||OFX offer personal and business currency brokerage with zero commission. They offer same-day payments and forwards online or over the phone with 80% of all major currency transfers processed in 24 hours.||Read Sarah Webb Interview|| Get A Quote|
|Currencies Direct have helped more than 325,000 customers move money internationally since they were founded in 1996. With them customers can transfer 40+ currencies to 120+ countries. They have more than 20 global offices and employ over 500 currency experts.||24/7 transfers online, over the phone and by app No transfer fees Personal currency expert Spot and forward contracts, limit orders and rate alerts Specialist business transfer services and risk management solutions|| Get A Quote|
|TorFX have been connecting their customers with great exchange rates and no transfer fees since 2004. They’ve won the Moneyfacts Consumer Award for International Money Transfer Provider of the Year five times (2016 – 2020) and have also won the Best Customer Service award four times (2016, 2017, 2019 and 2020). They have a five-star ‘Excellent’ TrustScore on Trustpilot.||Dedicated account management The ability to transfer over the phone, online or by app Great exchange rates and hidden fees Tailored transfer services Free market updates|| Get A Quote |
|Linear Int Payments|| Linear International Payments is a currency broker that cater primarily to large currency transfers and conversions. Personal service and expert advice.|| Online :|
|Read Mark Phipps Interview|| Compare Quotes |
|Ram FX specialise in personal service for corporates, funds, family offices and high net-worth currency brokerage for individuals.|| Online :|
|Read Mark Henry Interview|| Compare Quotes |
Ram FX Reviews
|Assure Hedge specialise in online OTC FX Options for hedging|| Online :|
|Read Barry Mccarthy Interview|| Compare Quotes |
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