FAQ’s

Why use Compare Money Transfer?
We offer Free Currency Advice, so – lets talk currency.
Whatever your reason for buying or exchanging foreign currency, Compare Money Transfer has it covered.

Step 1 of 2

HorizontalLine-Export HorizontalLine-Export HorizontalLine-Export HorizontalLine-Export HorizontalLine-Export HorizontalLine-Export HorizontalLine-Export HorizontalLine-Export HorizontalLine-Export HorizontalLine-Export HorizontalLine-Export HorizontalLine-Export HorizontalLine-Export HorizontalLine-Export HorizontalLine-Export HorizontalLine-Export HorizontalLine-Export HorizontalLine-Export HorizontalLine-Export HorizontalLine-Export HorizontalLine-Export HorizontalLine-Export HorizontalLine-Export

Frequently Asked Questions

Answers to common questions we get asked can be viewed below. If you have any other specific queries, don’t hesitate to contact us

Are there any fees or commissions associated with using currency brokers for personal currency exchange?

Banks and currency brokers fee schedules vary case-by-case. Compare the costs of different providers on our platform to ensure you select the one that offers the most competitive rates with transparent fees.

Can I use my credit or debit card for personal currency exchange through currency brokers?

Some currency brokers may accept credit or debit cards for personal currency exchanges. However, it’s important to check with the broker regarding any associated fees or foreign transaction charges. Compare these charges with other payment methods to make an informed decision.

Should I exchange currency before traveling or use a currency broker at my destination?

It depends on your preference and the availability of currency brokers at your destination. Compare the exchange rates and services offered by currency brokers in your home country and at your destination to make an informed choice. Consider factors such as convenience, safety, and any potential currency restrictions when deciding the best approach for your personal currency exchange.

What is a currency broker, and how do they differ from traditional banks?

A currency broker is a specialized financial institution that focuses on foreign currency exchange and international money transfers. Unlike traditional banks, currency brokers often offer more competitive exchange rates and lower fees, making them a cost-effective alternative for transferring money internationally.

What is the cost of this service?

Good news! Our service is completely free to use. We are committed to providing you with a transparent and unbiased platform for comparing currency brokers without any charges or hidden fees. You can access all the information, compare rates, fees, and services at no cost, empowering you to make informed decisions that best suit your needs. Our mission is to help you save time and money while finding the ideal currency broker for your foreign exchange transactions, all without spending a penny.

How does a currency transfer comparison site work?

A currency transfer comparison site allows you to compare various currency exchange providers and their rates for transferring money between different currencies. You can input the amount you want to transfer, and the currencies involved, and the site will display a list of available options from different providers, along with their fees and exchange rates. This helps you find the most cost- effective and efficient way to transfer money internationally.

What are the advantages of using a currency transfer comparison site?

Currency transfer comparison sites save you time and money by presenting a range of options in one place. You can easily compare exchange rates, fees, and transfer times across multiple providers. This empowers you to make an informed decision and select the best option for your specific transfer needs, ensuring you get the most value out of your money.

How accurate are the exchange rates and fees displayed on the site?

The exchange rates and fees provided on the currency transfer comparison site are usually updated in real-time or at regular intervals. However, keep in mind that these rates can fluctuate due to market conditions. While the site strives to provide accurate information, there might be slight variations between the displayed rates and the actual rates offered by the providers at the time of the transaction.

Is it safe to use currency transfer comparison sites for transferring money?

Yes, reputable currency transfer comparison sites prioritize the security of your personal and financial information. They partner with established and regulated currency exchange providers to ensure your transfers are conducted securely. Look for sites that use encryption and have a clear privacy policy in place to protect your data.

What people say about us

Combined Shape Combined Shape Combined Shape Combined Shape Combined Shape
301 days ago
First online exchange experience

Very good exchange Euro to Sterling rate. The money transfer went through quickly. The staff were always polite on the phone and were good at explaining procedures and were especially helpful in guiding me though my first on-line transfer.

S Smith
Combined Shape Combined Shape Combined Shape Combined Shape Combined Shape
305 days ago
Easier and 100% hassle free!

I thought I’d try Compare Money Transfer rather than my usual exchange broker and the experience was much easier, a better rate of exchange and 100% hassle free! I will definitely be using them again!

T Silverton
Combined Shape Combined Shape Combined Shape Combined Shape Combined Shape
478 days ago
The best currency exchange experience

The best currency exchange experience. Painless, professional and trustworthy. As soon as you need the service you will get a response. My account mgr was excellent, always attentive and provided the best advice. Absolutely recommend

B Mills
Combined Shape Combined Shape Combined Shape Combined Shape Combined Shape
446 days ago
Great Company To Work With

Great company to do business with. Very knowledgeable and managed to save me a fortune in fees

G Thompson

How can we help you?

Fill in the form or use the contact details below and we’ll get our expert team to put together a package that’s personal to your project.

info@comparemoneytransfer.com

020 3884 3200
Name(Required)
✓ Valid number ✕ Invalid number