Currencies Direct Money Transfer Review

Company name: Currencies Direct LTD

Service description: Bank to bank international money transfers.

Website address: www.currenciesdirect.com

Website Languages: English, French, Spanish, Portuguese, Italian, Norwegian, Swedish and Chinese.

Review Summary: Just 11 years after opening, Currencies Direct was given the accolade of being on the “London Sunday Times Fast Track 100” list, which showcases businesses that are on the cusp of becoming some of the biggest players in the field. A year after that, in 2006, the company was up for the National Business Award and reached the finals. Adding even more to its impressive resume, Currencies Direct partnered with national banks in Spain in 2012 to offer additional ease of opening accounts. Shortly after that, the World Economic Forum named it a “Global Growth Company” due to its expanse of 17 offices across the world.

Recommendation: An industry leader with a diverse offering. Recommended for transfers of all sizes, from and to anywhere in the world. 


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Currencies Direct Fees:

What fees?! There are no fees when making an online transfer with Currencies Direct no matter the country you need to send to.

Special cases might come up where there is a need for a transfer to be assisted by telephone, for example if the money needs to go to a very exotic country. Note that some countries have certain taxes that need to be payed to process the transfer.


Currencies Direct Supported Currencies:

AED – UAE Dirham
AUD – Australian Dollars
BGN – Bulgarian Lev
BHD – Bahraini Dinar
BWP – Botswanan Pula
CAD – Canadian Dollar
CHF – Swiss Franc
CNY – Chinese Yuan
CZK – Czech Koruna
DKK – Danish Krone
EUR – Euro
FJD – Fijian Dollar
GBP – BritishP ound

HKD – Hong Kong Dollar
HRK – Croatian Kuna
HUF – Hungarian Forint
ILS – Israeli New Sheqel
JPY – Japanese Yen
KES – Kenyan Shilling
KWD – Kuwaiti Dinar
LTL – Lithuanian Litas
MUR – Mauritian Rupee
MXN – Mexican Peso
NOK – Norwegian Krone
NZD – New Zealand Dollar
OMR – Omani Rial

PHP – Philippine Peso
PLN – Polish Zloty
QAR – Qatari Rial
RON – Romanian Leu
RUB – Russian Rouble
SAR – Saudi Riyal
SEK – Swedish Krona
SGD – Singapore Dollar
THB – Thai Bhat
TND – Tunisian Dinar
TRY – Turkish Lira
USD – United States Dollars
ZAR – South African Rand


Offices:

Currencies Direct has one of the biggest and best distribution of local offices in the market. It has offices in the UK, France, Spain, Portugal, India, the United Arab Emirates, South Africa, India (Mumbai), and the USA.

Having coverage on four continents gives the company the ability to satisfy the requirements of all their customers while being able to provide a great service worldwide.


Regulation:

Currencies Direct abide by the FCA and HMRC guidelines and their code of ethics, so you can rest assured that your money will be safe and, if necessary, you can also keep your money in a segregated account.


Press and Awards:

Recognition is important to anyone but especially for those that provide a good service which you believe will really help the customer. The same mentality has allowed Currencies Direct to win big awards and earn appreciation from the biggest institutions in this sector.

  • National Business Awards Finalists, 2006
  • Fast Growth Business Awards Finalists, 2007
  • Highest Possible Credit Rating (level 1) from Dun & Bradstreet, 2010

Registration Process:

The registration process with Currencies Direct consists of 3 easy steps. You will complete the online registration in no time, after which a Currencies Direct specialist will call you to finalize the process.

The first step will be to decide which type of service you need: are you interested in now or more interested in the future? It can be for making transfers, regular payments or just holiday money.

transfers

The next step will be to decide if this account will be a Single or Joint account. In short, is the account going to be used by just one person or you want that multiple people to have access to it?

account type

The last step will require you to fill in the personal details as with any other account on any given platform. Details such as: your full name, full address, date or birth and so on.

personal details

When you finish the 3 step registration that Currencies Direct requires, you will be prompted with the bellow message:

completed registration

First of all, how cool is it to have a dedicated account manager?! With banks you will get that only if you have a bank account with a lot of zeros. This is how you provide a great service to your clients.

Secondly, your account manager will call you and let you know that they will need a scan of your identification card and a scan of a utility bill in order to verify the details you have submitted in the registration process.

News

If you want to be updated with all the currency fluctuations and snatch a great deal on foreign currencies or if you are interested in investing and making a profit, be sure to check their News section. They publish articles multiple times per day.

You can also get this information in video form because they update their Youtube channel constantly, as you can see from the publishing dates in the picture bellow:

youtube videos


Support:

Currencies Direct has a very detailed and big database of answers for the most popular questions. But if you can’t find the information you need, be sure to give them a call or enter your details in the “Request a callback” form and a specialist will contact you as soon as possible.

CD support


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