Compare FCA Authorised Money Transfer Payment Providers

Published on Monday 24th September 2012 in Advice on Making International Payments by neilthurlwell

Why Use FCA authorised currency exchange providers

Making an international money transfer is a good reason why so many people use a FCA authorised currency provider. FCA payment providers will not only protect your businesses funds when you need to import or export goods or even services. In addition thousands of consumers have saved millions of pounds by comparing FCA authorised payment institutions especially as a high percentage are living abroad but working for a UK based company and receiving a salary payment into a foreign exchange account. Receiving payments from an overseas provider or making payments such as a regular payment plan to pay your pension on a monthly basis where the policy is held in the UK.

What ever your reason for buying or selling investments overseas or have opted for the quite life and you are both considering buying a holiday home; or living overseas is a big move and depending on the country you decide you could get more for your money than the pound sterling can currently offer you. If you need to make an international payment overseas then opt to get a quote from your bank and then shop around some of the companies we have listed on our website.

By checking out the FCA companies listed on our website is a step in the direction to you saving thousands by using Send money home especially if buying a property oversea. Just by sending money using a broker could get you 3% more which could be 3000 plus euros on a hundred grand money transfer. There are also a number of issues to consider before deciding on using a Money Transfer institution such as consumer reviews and the feedback that has been offered by them and to ensure that what they are offering is in fact the right service. There are a variety of ways to make a FCA authorised providers; the challenge is finding the option that best suits your needs.

Compare FCA authorised brokers?

Today consumers and businesses want everything to happen instantly where getting a service as quickly as possible is now a must and this is true when it comes to exchanging currency pairs as well. Of course everyone wants this service instantly but at the same time they also want it at the best currency price and thats when you need to ensure not only is the foreign exchange broker FCA authorised but they also operate segregated client accounts.

Compare money transfer companies that can answer all your questions and ensure they meet all your requirements as each currency exchange providers will vary depending on where it is going and who is transferring it but nowadays this process can be fairly rapid transfer options like using Merchant payment services to ensure payments have the ability to be sent instantly as and when consumer and business payments hit the segregated client accounts.

Comparing FCA money transfer brokers could save you money.

Comparing FCA money transfer brokers could save you money this means that an exact time frame cannot be given until all relevant information is provided for the currency pairs you wish to exchange. Most money transfers occur bank-to-bank when it comes to exchanging currency pairs where any delays incurred to process and clear the funds in the beneficiary account are passed on to you. Foreign exchange companies have procedures designed to alleviate these delays and are therefore well worth investigating if you're looking to compare FCA authorised provider who can arrange a swift clearance for currency pairs.

What can cause my currency transfer to be delayed?

What can cause my currency transfer to be delayed? well typically delays are to be expected if you are doing a currency exchange for non-major currencies so most exotic currencies will encounter a delay in being received. Based on averages the quickest transfer time will be in major currencies which is under an hour to four hours. But most commonly consumers and businesses should consider each currency transfer takes a minimum of 24 hours for the shortest time.

Currency exchange companies that handle large money transfer payments are usually done by using SWIFT technology which is recommended by the FCA. By using swift payment technology this is the most reliable and safest way to transfer funds internationally between banks and from one currency pair to another.