- Company name: CurrencySolutions LTD
- Service description: Bank to bank international money transfers via online platform and phone.
- Website address: http://www.currencysolutions.co.uk
- Website Languages: English.
- Review Summary: With over 100,000 clients and more than 12 years of experience, Currency Solutions has become one of the leaders in the money transfer industry by providing great customer support and some of the best rates on the market. For more information about the service they provide, be sure to read our in-depth Currency Solutions Review.
- Recommendation: A good mid-size foreign exchange firm, headquartered in London. Can be used by those who want to switch it up and not work with only one of the industry leaders.]
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Currency Solutions Fees:
The best part of using them is their no-fee transfers. Currency Solutions does not charge any fees for making international transfers, no cross-border charges or any other hidden commission.
The only impediment for some people might be their minimum transfer amount of £1,000 (or the equivalent in other currencies).
If you’re interested in sending small amounts, be sure to take a look at TransferWise.
Currency Solutions Supported Currencies:
Below we will list just a small sample of the currencies that they work with. If you don’t see your required currency, please be sure to talk with them and ask. Most of the times, they will accommodate you.
USD – US Dollar
EUR – Euro
AUD – Australian Dollar
CAD – Canadian Dollar
CZK – Czech koruna
DKK – Danish krone
HKD- Hong Kong dollar
HUF – Hungarian forint
ILS – Israeli shekel
JPY – Japanese yen
NZD – New Zealand Dollar
NOK – Norwegian Krone
PLN – Polish Zloty
ZAR – South African Rand
BRL – Brazilian Real
Their main office is in London, like many other similar companies, but they also have an offices in Cyprus, Netherlands and Ireland. Having multiple offices means that they can better and quicker server their clients worldwide.
2 Jacob Street,
London SE1 2BG
Camera Press Building
21 Queen Elizabeth St,
London SE1 2PD
Royal Business Center
Vasileos Constantinou Avenue, 89
UP Office Building,
Piet Heinkade 55
Kandoy House 2
Currency Solutions is an FCA and HMRC authorised and regulated company, which means that they are legally approved to make money transfers and provide their services in UK.
In short, it means that your money is safe with them so you can rest assure that everything is according to the law.
Currency Solutions Ltd is registered in England, Company No. 04864491. Authorised and regulated by the Financial Conduct Authority as a Payment Institution, (FRN 512130) and as an Investment Firm, (FRN 602082).
All the clients’ money is transacted through segregated accounts. What this means is that the money is transacted under the client name and is not put in the same basket with the companies’ money. So if something was to happen to Currency Solutions, you will get your money back immediately.
If you ever registered to a forum or made a dentist appointment online, you can make an account with them because everything is very straight forward.
The first step is to choose which type of account your need – Personal or Business. For this tutorial, we will choose the Personal account.
The first step is to enter your personal details like the usual first and last name, email and phone number.
The next step needs more details but still basic stuff – Home address, date of birth and so on. But also some information about your money transfer needs:
Your account has been created. You just need to go to your email address and click the activation link they have sent you. But, in order to make money transfers, you will need to provide them ID and address proofs. You can scan your passport and a utility bill (or bank statement).
If you interested in knowing the currency market and how it is changing daily or if you want to know when is the best time to exchange your currency, be sure to check out their News section where they post daily updates and predictions. Or you can simply follow their social media accounts on Facebook, Twitter or LinkedIn.
Before initiating a new transfer, you need to be sure that all the information is in order. This is where their Tools section comes in hand, not just for the currency converter but mostly for the IBAN checker and SWIFT checker. Imagine sending money to the wrong person. A bad situation that can be avoided by double checking your information beforehand.
If you still have questions about their services, we recommend going to the Support section where you will find answers for the most common problems or questions that you might have.
Currency Solutions is one of the top companies in the UK with a focus on high-value transfers. It’s not the best option for small amounts but for clients that move around bigger sums of money, it can be life saver because they can offer tighter margins than others. This is backed by the huge number of positive reviews that you can find online.
So if you ever need to make money transfers locally or abroad, don’t hesitate to click the link below and start working with Currency Solutions.