Description: Established as a money transfer service in 1979, Moneycorp let you automatically make regular transfers into your account via direct debit and lock in an exchange rate for up to two years. They also offer ‘market orders’ which let you target exchange rates which are not currently on the market.
Free to open an account? Yes
Payment structure: Commission.
Same Day Payments: It’s possible if you select ‘Express’ delivery time, but it’s not guaranteed.
Minimum Transfer Amount: £50, $50 or €50.
US: MSB, OFAC and FinCEN
UK, US (Florida), Spain, Ireland and France.
Sunday Times Top Track 2016
Best Financial Services Provider (OPP Awards) in 2011
Travel Money Provider of the Year (Consumer Moneyfacts) in 2015
Top 3 Overall Rating 2015-2016-2017 MoneyTransferComparison
Best Promotional Offer MoneyTransferComparison