Regular international money transfers
If you are buying or have bought an overseas property, it's likely you will need to make regular money transfers to the country where the property is located on. These could be to pay local bills or a mortgage, or perhaps to transfer your pension payments.
Moneycorp offers a variety of services to help you manage these regular transfers, ensuring that you always get great value for money.
Automated payments
You can set up automated payments which are settled by Direct Debit from your UK bank account. Payment schedules can be set up to suit you and you can choose one of the following options:
- Fix the sterling amount – you’ll know how much sterling will be debited from your UK account for each transfer. The amount of foreign currency you will receive in your overseas account will vary according to the exchange rate at the time of transfer.
- Fix the euro amount – you’ll know how much foreign currency will arrive in your overseas account every time. The amount of sterling debited from your UK account will vary according to the exchange rate at the time of transfer.
- Fix both – you’ll know exactly how much sterling will leave your UK account and how much foreign currency will arrive in your overseas account.
For complete convenience, you can set up a Regular Payment Plan and be sure that future funds will be sent without the need for you to arrange anything else.
Online and telephone payments
If you would rather arrange ad-hoc international money transfers as and when you need to, our services are quick and easy to use. You can simply call us and arrange for a payment to be made with your Account Manager. Alternatively, you can use our online system. You’ll simply need to log on, book an exchange rate and send your currency wherever you need it to go.
However you choose to send your regular international money transfers, we will ensure the process is quick, easy and great value for money.