Most of us are now used to managing our money online – whether it’s reviewing a bank statement on a computer, sending a quick transfer to pay a bill or even using the latest budgeting apps, technology can help you manage your money. When it comes to sending money across borders, from converting a pension from one currency to another to sending money back home to maintain a property or support a family member, you may think the process is too complicated to be carried out online. However, you can set up an international payments account with moneycorp to keep things simple and convenient – you can even manage your funds wherever you are via our mobile app – and it could save you money, too.
Take control online
You can use your account to send urgent payments and also have the ability to set up facilities such as a Regular Payment Plan. This means that money is collected from an allocated account, on a schedule set by you, converted to the required currency and paid to the relevant recipient. You even have the option to set the amount of money going out, the amount of money received or both, which may help when you’re planning your budget. If you don’t have quite such regular payments, you can still set up recipients in your account so that when the time comes, you can send the money quickly without needing to provide all the details every time.
Manage and track your international payments
If you’re regularly transferring funds between borders, for example sending money to maintain a property or support a dependent studying overseas, an international payment account may give you added control over your currency exchange transactions. As well as enjoying better rates than most high street banks, you can track scheduled payments and currency deals and receive live updates on the available exchange rates. You’ll also be able to view a full, live statement of all payments made and what funds are available.
Manage your funds wherever you are
The online account is also available as an app, which means that wherever you are, you can access your international payment account via a laptop, tablet or smart phone. If you’re travelling or need to make a transaction outside of office hours, this can be a very useful option to set everything up online to be executed the next business day. In addition, transfer fees are often even lower online. And if you do get stuck or need some guidance on the latest in the currency markets, you can always use your phone to give us a call and we’ll be happy to help.