International Money Transfers
Oversea Property Purchase | Emigration | Paying a mortgage abroad | Regular payments | Send Money home, Car Imports, Invoice settlements
OnlineFX International money transfers are a convenient, secure and cost effective way to transfer money to bank accounts in over 70 countries worldwide. Our dealers will obtain an advantageous exchange rate, transfers are made using the same systems as major banks.
View Countries and Currencies
If the country you wish to transfer to is not on the list, contact us using the enquiry form. We will advise you whether we can make a currency transfer to this location or make an alternative recommendation.
Please call us on 0870 999 0059 for further information or Money Transfer Rates.
How to complete a money transfer
On completion of the international money Transfer request form an operator will contact you, by email. Completion of this form places you under no obligation to use our service. It enables us to review your details and identify any queries we may have. If you would like us to call you to discuss any aspect of money transfers, please use the “Call me” facility in the method of payment field on the form. We will then follow the step-by-step process listed below.
Step One
On receipt of your transfer request form, we will check the details and email back a completed official form for you to review. This will confirm the Indicative Rate for the currency you have requested. It also gives you a chance to check the details you have sent us are correct. This requires a signature and can be faxed back to us on 020 7224 5723 (INT code 00 44) if you are in agreement for the money transfer to take place. You will then need to transfer to our bank the money you wish to transfer. The form we send you contains our bank account details. Payment to our account can be by: Online banking transfer, BACS or Chaps. Regular account customers can make payments using Debit cards.
Step Two
Upon receipt of the cleared funds to our account, we will confirm the exchange rate with you and process the International Money Transfer.
Step Three
The money transfer will be processed and once the transferred funds have left the country, a confirmation will be sent to you. This contains a unique reference number for your money transfer. Please keep this for your records. Money laundering compliance regulations require additional information in order to effect a transfer for larger amounts. Should this be so, one of our operators will contact you about this procedure. The current cost to make a transfer is £15.00
Please Be Aware
Some banks use an intermediary bank to process transfers on their behalf. These banks may make an administration charge.
All receiving banks make an administration charge for receiving transfers. We are unable to advise on these charges as they vary from bank to bank and country to country. It can also depend on the arrangement the recipient has with the bank. These are not Online FX charges and we are unable to accept responsibility for any amount deducted. Please check with the recipient, especially if the amount to be placed is critical, e.g. payment of bills, property purchase.
If you have any queries, please do not hesitate to contact us on 0870 999 0059.
Restrictions
We are unable to carry out same currency transfers. E.g. Sterling transfers, Dollar account to Dollar account etc.
Transfer Amount
Our minimum transfer value is now £50. With our International Money Transfers you can transfer any amount from £50 or equivalent in foreign currency. Just make cleared funds available to us and we will take care of the rest.
A Faster Service than Bank Transfers
Our Money Transfers take just two working days to reach countries in Western Europe and North America, and four working days for the rest of the world. In comparison, bank transfers can take much longer to clear. In some cases our transfer system will clear funds the same day.
Our money transfer service can be used to send currency for many reasons the rates offered are based on currency dealing and can be particularly advantageous for larger currency transactions.
General & Personal Money Transfers, Buying Property Overseas, Importing a vehicle.
Need an international remittance for business TRANSFER REQUEST FORM
