Frequently Asked Questions
How does Moneycorp save me money?
Firstly, by offering better rates of exchange than the banks when you need to trade and secondly by ensuring that you trade at the most favourable time. The purpose is always to save you money.
Is dealing with Moneycorp going to be time consuming?
Definitely not. Opening an account takes only a few minutes and can be done online or over the phone. Everything else can be dealt with instantly over the phone. The money that you will save will be worth a few extra minutes.
What is the minimum amount that I can transact?
Usually we require a minimum transaction of £5,000, but we have facilities within the group to handle smaller amounts. The minimum amount that you can send under the Regular Payment Plan is £250.
How long do transfers take?
This depends on where in the world you are sending funds to. Usually transfers to Europe and North America are same day. Further east takes two days. Your Moneycorp account manager will advise you.
What happens once I've opened my account?
Your Moneycorp account manager will talk you through all of the choices available to you once we have established your individual needs. Any instructions that you give over the phone will be confirmed in writing to you.
If you have any other questions then please feel free to contact us.
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"Andy and I would like to thank you for your services, for us it was looking like a daunting experience at first but you all have been very professional, efficient and helpful at all time. Now we feel very happy that everything has gone so smoothly and will be pleased to deal with Moneycorp for further transactions."
Andy and Isabelle