Moneycorp: Commercial Foreign Exchange Made Easy

Published on in Foreign Exchange Reviews by

Moneycorp is a renowned international payments specialist and foreign exchange company. They have successfully taken up the responsibility to study the currency market for the benefit of their customers as that allows them to offer services suitable enough for customer satisfaction. Thus customers are assured of best exchange rates even though their requirements might be complicated. The market scenario is studied in high details which prove beneficial for the customers. Moreover Moneycorp has its branches all over the world, spreading from USA to Australia, Portugal, Dubai and Spain, making it an internationally reputed foreign exchange company.

The presence of market experts help the customers with the best exchange rates and since this saves a lot of money, its highly beneficial. The exchange rates can be fixed by them for a period of up to two years, due to which the exact amount of foreign currency received can be known. No commissions are charged for their services. Being an ISO 9000 certified organization, the company is highly reputed and has been known to trade about 11 billion pounds in currencies. They are also a significant shareholder in the company Royal bank of Scotland which gives their customers a sense of security. The company is incredibly speedy in their services as it shares membership with Society for World-wide Interbank Financial Telecommunications. Hence their customers are served sooner than most financial corporations or banks. They also offer a Regular Payment Plan which manages overseas transfers with ease which enables its customers to send a minimum of 250 pounds every month, making it a very easy procedure to send money overseas. Also additional services such as spot contracts help their customers to buy or sell currency for instant delivery and forward contracts which helps them to fix a rate of exchange at which currency is sold.

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