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International money transfers

Save money with moneycorp, the foreign exchange specialists

Whether you’re looking to buy or sell a property abroad, sending money to friends and family, or have decided to emigrate for a new job opportunity, moneycorp can make your money go further.

An alternative to using your bank for overseas transactions, moneycorp allows you to save money by offering preferential exchange rates for BMA members.

What's in it for BMA members?

  • Preferential exchange rates for BMA members
  • Free expert guidance at the end of the phone
  • Integrated online account to manage your money wherever you are
  • Safeguarded customer funds in segregated, client accounts

Contact moneycorp

For International Payments queries, email [email protected] or call on 0808 278 0021 (outside of the UK +44 207 589 3000) or order your Travel Money now

How can this benefit me?

  • International money transfers

    The currency market is fast-paced and constantly fluctuating. It's important to time your transfer so you get the best possible rate, but this can be time consuming and difficult to track.

    BMA members who make their international payments through moneycorp are assigned a personal account manager to guide you through the transfer process, help you with the timing of your payments and ensure you get the most competitive exchange rate.

  • Regular overseas payments

    moneycorp can help BMA members simplify the often daunting task of making regular international transfers and save you money in the process.

    Their regular payment plan means your pounds sterling can be collected by Direct Debit, converted into foreign currency and automatically sent abroad as frequently as you wish - whether it's weekly, monthly or at more irregular intervals.

  • Travel money

    BMA members can access some of the most competitive rates available in the market, typically beating many of the leading high street and other online providers on over 55 currencies.

    moneycorp offer a number of different options to make preparing for travel easier for you:

    • get your travel money delivered directly to your door with their delivery service
    • secure your travel money with a multi-currency pre-paid card
  • Case study

    Repatriating funds from France

    Transferring funds across borders

    After living and working in France, Dr Whiteley was looking to return to the UK. As a result, he needed to repatriate the funds from selling both a GP Practice and a home, but was unsure of how to proceed in order to secure a transfer that offered him good value.

    "I found that using high-street banks would lead to high fees and poor rates. I looked for alternatives and selected moneycorp because, in addition to rates that were 3-4% cheaper, I could see they were an established organisation with a good track record."

    Achieving great rates and receiving support

    The rates weren’t the only issue, however. It can be complex managing overseas transfers and in addition, volatility within the currency market means that the rates fluctuate and can impact the amount of money received on a transfer. On large sums such as those resulting from the sale of the practice and a house, even a fraction of a percentage point can make a big difference to the overall total and so the timing of a transfer is important. It is also felt that high street banks may not be set up to offer the necessary level of visibility during the transfer process, so by having an appointed specialist like moneycorp to provide support throughout the process can be invaluable.

    "My account manager provided guidance and support, including regular updates on the market, and it was great to have a named contact to speak with for additional reassurance."

    Trusting a specialist.

    As a specialist, moneycorp carry out roughly seven million transactions a year and as experts, can provide a swift, secure and professional service which takes some of the stress out of transferring large sums of money.

    "The transfer process went very smoothly, and I was kept informed throughout. In contrast to high street banks which can take 2-3 working days for a transfer, the funds were in the UK very quickly and it was totally transparent the exact rate I had selected for the exchange."

    moneycorp offer great exchange rates, low fees and an expert service with the personal touch for all your international money transfer needs. In addition, RCGP members receive their first transfer free – simply quote RCGP when opening your account.

    "I have since recommended moneycorp to friends and colleagues and would not hesitate to do so again. It can be hard to know the best way to send funds overseas but I can wholeheartedly recommend moneycorp, both for a great value, secure transfer and for their professional service standards."