Our experts can talk you through the different ways of making these regular transfers payments, and help you get great value for money.
"Just to thank you for the excellent service provided which I will certainly use again and recommend to friends and colleagues"
David M. Storer
Fully automated and hassle free, our Regular Payment Plan (RPP) is tailored for transactions like overseas mortgages and pension or overseas tuition fees.
How it works
We collect your sterling via Direct Debit and automatically send the foreign currency abroad. Our transfer fees are some of the lowest around – £8 for Express (1-2 days) and £4 for Standard (3-5 days) – plus, our exchange rates are highly competitive.
With our RPP, transfer schedules are flexible, ranging from weekly to annual, and there's even an option to fix your exchange rate for a set period of time.
To manage the cost of your regular payments, you can choose from a number of options to suit your requirement:
1. 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.
2. Fix the foreign currency 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.
3. 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. This option is available for a period of between 6 and 24 months.
Online and telephone payments
With Moneycorp Online you can log on, buy or sell any of 30 currencies from £50 up to £20,000, and send money overseas whenever you need to.
Your personal Account Manager can also take care of your international transfers for you – just call +44(0)20 7589 3000 during our opening hours.