This is Money & Moneycorp

start saving on your
currency transfers today

This is Money partners with Moneycorp, the UK's largest independent foreign exchange provider, to help you get great exchange rates when sending money overseas.

Being a foreign exchange specialist company, they can offer you a better exchange rate compared with the high street banks. For international payments - such as buying a property, emigrating, regular overseas transfers or moving your money back to the UK - Moneycorp can help you get the best deal possible.

Benefits of using Moneycorp

  • Better exchange rates than the high street banks - can be up to 3% better, saving you money
  • Expert guidance, helping you transfer your money at the best rate, at the best time
  • No transfer fees when making payments online - quick, easy and secure
  • FCA Authorised and a Dun & Bradstreet rating of 4A1*- giving you peace of mind

About Moneycorp

Moneycorp is the UK's leading foreign exchange and international money transfer provider. They have been in business since 1979 and their clients have always been at the heart of what they do. In 2011, Moneycorp traded £11.1 billion in currencies on their behalf.

As a foreign exchange and international money transfer specialist, getting the best rates of exchange for their customers is what Moneycorp is all about. We're cheaper than high street banks and 96% of our customers tell us we saved them money. And we can save you money too.

Making sure your funds
are safe

As an authorised Payments Institution, Moneycorp is legally required to safeguard client funds in respect of a payment (after the exchange of currency has taken place). They are a licensed Money Service Business and are also authorised and regulated by the Financial Conduct Authority for the conduct of designated investment business and the provision of payment services.

  • Moneycorp Trading name of TTT Moneycorp Limited
  • 1962 Company Incorporated
  • 1979 Started deadling in foreign exchange
  • 2.4m Customer transactions in 2011
  • 11.1bn Traded in currencies in 2011
  • 600 Dedicated employees

One off payments

If you need to send money as a one-off payment for any reason - such as buying a property abroad, moving abroad, moving back to the UK or planning an overseas wedding - we can help.

As experts in foreign exchange and international money transfers, we can save you time and money by handling the whole process for you.

benefits of using moneycorp

  • Firstly, we offer better rates of exchange than a bank by typically up to 3%. That equals an additional £30-£40 on a transfer as low as £1,000.
  • Secondly, our experienced dealing team is on hand to help guide you through your foreign exchange transaction, from start to finish.
  • Thirdly, our transfer fees are some of the lowest around. You can make transfers to countries including France, Spain, Australia and even New Zealand from only £5.

Moneycorp Online

Our online payments system for personal clients has been designed with you in mind. Available 24 hours a day with competitive rates and fees, Moneycorp Online is the easy way to send money overseas.

For transactions using Moneycorp Online, all money transfers are free for "This is Money" readers. Also, for transactions over £10,000 transfers online or over the phone are free.

What can you do using moneycorp online

  • Buy and sell any of 33 currencies in amounts up to £30,000
  • Pay using a UK-issued debit card or funds already on account with Moneycorp
  • Store payment and recipient details to make repeat transfers with ease
  • View your full transaction history and transfer currency bought over the phone via your personal Dealer

To view a demonstration of Moneycorp Online click here
Getting access to Moneycorp Online is easy - just click here

Overseas
Property

If you're not getting good rates, the cost of transferring money abroad on a regular basis can really add up. Whether your regular transfers are to cover an overseas mortgage or you simply want to send your pension payments abroad, we can save you time and money.

As a money transfer specialist, getting you the best rates of exchange is what we do best.

We work on your behalf to transfer your money quickly and securely. Plus, we don't charge commission, and our transfer fees are some of the lowest around.

Let us take care of your overseas mortgage and pension payments

  • Our market experts can help you get the best exchange rates available
  • We offer a variety of tools to help protect you from the uncertainty of the currency markets
  • You'll have your own Account Manager who will get to know your requirements
  • We use only the most efficient, reliable and secure payment methods
  • Transfers can be arranged in seconds, online, over the phone, or even automated by Direct Debit

Moving
Abroad

Moving abroad to a new country is a life-changing experience and Moneycorp will help you start out with as much money as possible.

By helping you trade at the right time, and by offering more favorable rates than available elsewhere, you'll get more foreign currency for your money.

Once abroad you may also need to make regular international payments, such as transferring your pension from the UK. And we can take care of these transfers as well.

Let us take care of your emigration payments

  • We will offer you a better exchange rate compared with your bank
  • Ability to fix exchange rates for up to two years, helping protect you from the uncertainty of the currency markets
  • No cost or obligation to open an Account
  • We use only the most efficient, reliable and secure payment methods
  • Expert guidance from your own dedicated Account Manager
  • Transfers can be arranged in seconds, online, over the phone, or even automated by Direct Debit

Currency markets are constantly fluctuating and transferring your emigration funds abroad can be a real minefield. Talk to us to see how we can help make your money go further.

Download a FREE emigration checklist

My family and I moved to Australia for a better lifestyle; but emigrating is a very stressful process. Having an Account Manager who was prepared to talk, answer questions and who never got frustrated with my indecision was very helpful. The currency guidance gave me AUD $80,000 more than expected."

Michael Gregory, Perth

Regular
Payments

Our experts can talk you through the different ways of making these regular transfers payments, and help you get great value for money. Fully automated and hassle free, our Regular Payment Plan (RPP) is tailored for transactions such as overseas mortgages payments, property maintenance payments, pension and salary transfers to overseas tuition fees.

How it works

We collect your sterling via Direct Debit and automatically send the foreign currency abroad. Our transfer fees are some of the lowest around - £8 for Express (1-2 days) and £4 for Standard (3-5 days) - plus, our exchange rates are highly competitive.

With our RPP, transfer schedules are flexible, ranging from weekly to annual, and there's even an option to fix your exchange rate for a set period of time.

To manage the cost of your regular payments, you can choose from a number of options to suit your requirement:

  • Fix the sterling amount - Know how much sterling will be debited from your account for each transfer. The amount of foreign currency you receive will vary according to the exchange rate at the time of transfer.
  • Fix the foreign currency amount - Know how much foreign currency will arrive in your overseas account for each transfer. The amount of sterling debited from your UK account will vary according to the exchange rate at the time of transfer.
  • Fix both - Know exactly how much sterling will leave your UK account and how much foreign currency will arrive in your overseas account. This is achieved by fixing the exchange rate for a set period of time (between 6 and 24 months).

Moneycorp
vs the banks

Many people leave their foreign exchange in the hands of their bank. Most are unaware that there are other options to save money. For example, if you were to buy £100,000 worth of euros, Moneycorp can get you just over €5,000 more on the exchange rate alone. Take a look at the table below and see for yourself.

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