Foreign Currency Direct is a service provider for international e-transfers performed by individuals and businesses. You can send funds to a variety of countries all over the world. Since it was founded in 2000, the total worth of all transactions handled by the platform has run into a few billions of pounds.

How to Make a Transaction

The steps below will guide you:

• Register by fulfilling all the necessary requirements including stating the aim of the transaction.
• Verify the best timing to make the transfer in order to get the best conversion rates.
• Fund the transaction through a bank account (not with a credit card or debit card).
• Make the transfer and wait for it to get to your recipient’s bank account.

Fees and exchange rates

The fees and exchange rates are very competitive when compared to other money transfer services. What the service does is to add a small margin above the mid-market rate during currency trading. Revenue is also generated through a stipulated transaction fee.

You will find the charges structure quite pleasant, especially for large transfers. The average exchange rate margins are usually 1%. Transactions that are less than £50,000 will cost you £15, while those that are more than that will cost nothing (£0).

Foreign Currency Direct’s Merits

Now, you will see why this service provider is the right choice for you. Check the points below.

• Experienced service
• Benefit from competitive exchange rates
• Well-designed account manager
• Simplified transfer process
• Dedicated customer support team
• Security of funds
• Experienced Service

You will be working with an e-transfer service that has more than 20 years of experience in the industry. With this, you can be sure that you are getting quality service from seasoned professionals.

• Benefit from Competitive Exchange Rates. As stated earlier, you will find great exchange rates on Foreign Currency Direct when you want to convert your currency to that of your recipients.
• Well-Designed Account Manager. Handle your account easily with the platform’s specialized account manager. It is simple to use, and you can get the hang of it in no time.
• Simplified Transfer Process. Foreign Currency Direct has seen to it that customers experience no difficulty when it comes to progressing through the steps. No ambiguity in the process.
• Dedicated Customer Support Team. Even if the site has been made to be simple to navigate, there may be some instances that you will need to contact the customer support team via email or telephone. This service provider has definitely got you covered with a qualified team on standby when any issue comes up. You will be given professional advice on potential for losses and gains. You will be saving a lot of money with such pieces of advice during currency conversions.
• Security of Funds. Your funds are safeguarded based on the guidelines of the Financial Conduct Authority. Customers’ funds are kept in segregated accounts.

You can begin your first transfer with ease based on all you have learnt from this guide. It is worthy to note that the service does not have a mobile app.