Regular Payment Plan

Making transfers with the RPP is fast and convenient

Making transfers with the RPP is fast and convenient. Moneycorp doesn’t charge commission and guarantees no receiving bank charges, so you’ll save money. And our better rates of exchange will give you even more to spend. We offer free information and guidance on the markets, helping you decide on the best time to buy your currency.

The Regular Payment Plan is fully automated and takes the hassle out of regular overseas transfers. Your Sterling is collected by Direct Debit and the Euros automatically sent to your overseas account. No other product offers this level of service or flexibility.

The RPP service is ideal for the following:

 - Pension transfers
 - Mortgage payments
 - Salary transfers
 - Property maintenance payments

Three options for transferring your regular payments.

Option 1 – Fix the Sterling amount
You’ll know how much Sterling will be debited from your account for each transfer. The amount of Euros you receive will vary according to the exchange rate at the time of transfer.

Option 2 – Fix the Euro amount
You’ll know how many Euros 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.

Option 3 – Fix both
You’ll know exactly how much Sterling will leave your UK account and how many Euros will arrive in your overseas account. (Option 3 is available for a period of between 6 and 24 months.)

How to arrange your RPP

To set up a Regular Payment Plan you need a Moneycorp Trading Facility. If you already have one, give us a call on +44(0)20 7589 3000. We’ll run through the options and set everything up over the phone. (You will need your UK account and overseas account details to hand.) 

If you do not have a Trading Facility, simply click here to open one online. Alternatively, you can call us on 902 88 11 01 from Spain or 020 7589 3000 from the UK, send us an email or use the call back facility and we will do just that.

Don’t forget to inform Moneycorp that you’re a member of the Neighbourhood Watch in Spain!

Opening hours: 7:30am - 10:30pm, Monday to Friday and 10am - 4pm on Saturday.