"I would just like to say thank you very much for your help with this transfer, will highly recommend your services, thank you."
- C. Blundell, Essex
What is the best method to transfer money overseas?
That depends on how much money you want to exchange and what the purpose of the money transfer is. The majority of our private clients transfer money overseas to pay for property purchases, and recently we have seen a large increase in the number of clients transferring money back to the UK.
On amounts over about £5,000.00 it is essential you obtain advice from a specialist money exchange company, otherwise you could be losing out. Pure FX helps thousands of clients transfer money overseas in a secure and cost effective manner. By using Pure FX for your money transfer, not only will you obtain a better exchange rate, we will be able to guide you through the entire process of sending money overseas.
For example, when you transfer money overseas, did you know that some banks will charge a receiving fee? This is a particular issue in Spain, where banks can deduct up to 0.6% from the money you transfer. So if you transferred €100,000.00 to an account in Spain you could see €600.00 deducted. Pure FX can alleviate this charge for you.
How long does it take for Pure FX to transfer money?
We are often asked how long does it take for your money to arrive. In short, Pure FX will transfer money overseas quicker than you will be able to do on your own.
Pure FX only make overseas money transfers by priority same day transfer through Lloyds Group PLC, and we do not outsource money transfers to any third party. Net result funds normally arrive on the same day or at latest within 24 hours, for most mainstream currencies.
There is a small caveat though, because depending on which country you are sending money to, and also the currency you are transferring, it can take a day or two longer. For example, if you transfer Australian dollars on a Monday, because of the time difference your funds will have a value date of Tuesday.
Request a rate alert with us, and we can get in touch the moment your target rate becomes available.