Choosing us over your bank will save you money, it’s as simple as that.
We check the rates of major banks and key competitors to ensure we give you the best overall quote on your money transfer – that’s the International Payments Price Promise.
We consistently save our clients thousands of pounds, and for larger amounts, the savings can exceed tens of thousands.
Travelex International Payments is provided by UKForex – a global FX specialist, providing:
We uphold the highest level of security for our online platform, including:
Travelex is proud to have partnered with UKForex, part of the OzForex Group, which includes USForex, CanadianForex, NZForex, ClearFX and Tranzfers.
UKForex is regulated by the Financial Conduct Authority (FRN: 521566) for the provision of payment services. In the United Kingdom, regulations require licensed foreign exchange dealers to meet strict capital requirements and employ a range of internal procedures including risk management, staff training, accounting and audit.
You can register free of charge online 24/7.
Once you have registered, an experienced dealer will contact you to discuss your transfer requirements, answer any questions you might have and ensure that the system is set up to suit your needs.
Most often, the system will electronically identify you, eliminating the need for you to send through additional documentation. If this process cannot be completed, we will advise you of any documents that you need to provide.
Your payments can be made online, alternatively our staff are available 24 hours a day Monday to Friday for all your FX requirements.
We’re able to keep our rates down by transacting large volumes in the interbank market and passing these savings on to our clients. We are always committed to maintaining a high level of efficiency to keep our overheads low. That way we can offer the best rates to our clients.
The majority of the Travelex International Payments website is available for both existing clients and the public. Charts, calculators, historical rates and international currency related information is available for use online. Compare our rates to that of your existing provider by logging into our payments service free of charge today.
The service tries to ensure that your transfer reaches you on the same day that your funds are cleared. In some cases this can take up to 1-2 days depending on the countries and currencies involved. For urgent transfers, please speak to your dealer to find out how we can accommodate your needs.
Absolutely. The process for locking in an exchange rate is:
Clients can choose from a number of ways to transfer funds to us.
The most common manner of transferring funds is via Electronic Funds Transfer (EFT). The majority of banks have Electronic Funds Transfer (EFT) options and we have accounts in all major currencies. This ensures quick and reliable transfers.
We also accept Visa Debit and Debit MasterCard.
We do not accept cash or cheques into our accounts.
Upon entering a binding agreement with us, we expect our clients to transfer money within 48 hours of the transaction.
We understand that life can get in the way sometimes, and that the banks can slow you down. In these cases, simply let your dealer know and we will do our best to accommodate your needs.
When one currency is exchanged for another at a future date, it is called a forward foreign exchange rate.
You can save money with forward foreign exchange rates by using a forward foreign exchange contract (FEC).
Benefits of forward contracts include:
By placing a limit order with us, you can instruct the service to buy or sell at a target rate that is superior to the current market rate.
Leaving a limit order will allow you to take advantage of exchange rate movements that occur at times when you are unable to monitor the rates yourself (even our most dedicated clients need their sleep!).
Limit orders are valid for anywhere between 2 – 365 days and are applicable for amounts in excess of £30,000.
At present, the service is only able to provide international payments to private clients who live in the UK and who transfer money to a recipient in a foreign country. The recipient of the transfer must possess a bank account that can receive funds.
24 hour customer service is available over the phone, for all your FX needs. You will still be taking advantage of our unbeatable rates if you book your deal over the phone with one of our experienced dealers.
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Nothing! They are all names for making an electronic payment between banks.
The SWIFT system ensures the secure transfer of information between banks. This secure messaging system makes it possible for banks to identify the bank and branch into which your money is being deposited. It also allows banks to inform each other about payments and accounts that are held between them.
REGISTER ONLINE today and enjoy superior rates and committed customer service with the world’s number one foreign exchange services provider.
Travelex International Payments is proud to partner with UKForex to bring you this service.
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