It’s cheaper to transfer money with Moneycorp than using a high street bank. The table below compares the cost of buying €50,000 with sterling, and shows that we could save you over £900 on the exchange rate and lower transfer fee alone.
|
|
Lloyds TSB
|
Natwest
|
MONEYCORP
|
|
|
|
Exchange rate
|
1.1463
|
1.1485
|
1.1724
|
|
|
|
Sterling cost
|
£43,619
|
£43,535
|
£42,648
|
|
|
|
Transfer fee
|
£35
|
£40
|
£15
|
|
|
|
Total
|
£43,654
|
£43,575
|
£42,663
|
|
|
|
Additional cost using a bank
|
£991
|
£912
|
-
|
|
|
Based on an exchange rate comparison on 19 May 2010 between Lloyds TSB, Natwest and Moneycorp.
We charge a set fee of just £15 for a one-off transfer, whatever the amount you’re sending. Bank transfer fees typically range from £20 to £40.
The timing of your transfers is also very important. We offer a range of products and services to help protect you against adverse currency movements and ensure you take advantage when rates are in your favour.