Is Using FC Exchange Worth Your While?
You can register as a personal user from most countries in the world, and FC Exchange lets you pay for your transfer in a range of currencies. The company also provides international money remittance services to businesses and online sellers. Using the services of this company to transfer money abroad can work in your favor under various scenarios:
- You wish to send money to a friend or family member who resides overseas
- You want to buy a home in another country
- You have sold property and want to transfer proceeds from the sale overseas
- You are emigrating to a foreign country or are retiring overseas
- You are travelling overseas to study
At a Glance – FC Exchange International Money Remittance Services
With offices in the UK, South Africa, and Cyprus, FC Exchange offers services to residents of most countries the world over. FC exchange rates are among the most competitive you will find. You do not have to worry about hidden currency exchange fees when you deal with this company.
The company accepts payments in different ways, which can vary depending on the country of your residence. You find out available options at the time of booking a trade. The company does not accept payments via cash or checks. To get a quick overview of this company, refer to the table below.
- User RatingTrustPilot or Feefo User Ratings
- Transfer Type
- Coupon
- Fee
- Speed
- Regular Payments
- Mobile App
- Min Transfer Amount
Global Reach Group
- 7.6/10
- Online
Phone Assistance
Best Rate Guarantee AppliesGlobal Reach have a Best Rate Guaratee policy. Click the Visit Website button below for more details.- > $20When you book a transfer through Global Reach, you get to know exactly how much you will need to pay as fees in advance. Depending on the amount you transfer, the company might charge a standard telegraphic transfer fee that does not exceed £20.
- 1 - 2 Days
- £1,000
Details About FC Exchange
This FC exchange review provides intricate details, so you know what you are up against well in advance. The most important aspects are addressed here:
* This list is subject to change without prior notice. FC Exchange gives you a clear indication of the currency exchange fees it charges well in advance, so there are no surprises down the road. When compared to the big banks, using the services of this company can lead to noticeable savings in fees. The fees you have to pay can depend on factors such as the destination country and the mode of payment. In some instances, FC Exchange is unable to override charges by intermediaries. Read the contract for details. FC Exchange cannot always calculate such charges in advance. Once you register as a personal customer, a dedicated currency expert assists you with picking a forex solution compatible with your needs. Your options include one-off payments, forward contracts, market orders, and regular payments. FC Exchange provides different money remittance services for businesses, which include industry specific solutions. This foreign exchange broker provides businesses involved in cross-border trade some of the best rates for currency exchange. You can choose from spot contracts, forward contracts, market orders, regular payments, and mass payments. Note: FC Exchange no longer offer Online Seller services. WorldFirst.com and OFX.com Money Transfer Services offer Online Seller service should you need them. This foreign exchange broker provides highly competitive rates across different currency pairs. Once you select a currency and the amount you want to transfer, an FC Exchange currency expert works in selecting the right solution for you. You can visit the FC Exchange website to view existing inter-bank rates at any time. You find out actual FC Exchange rates immediately before you finalize your transfers. FC Exchange rates remain close to inter-bank rates at all times, which is why the company offers the best exchange rate guarantee. If your currency transfer comparison results in a provider quoting a better rate that FC Exchange, the company guarantees to beat that rate, provided it is not an off-market quote. There are no ongoing promotions or coupons offered by FC Exchange at this time. Registering for a personal account requires that you submit an online application, which should take around five minutes. Depending on how quickly FC Exchange verifies your details, you can begin trading on the day you submit your application. You have to provide different kinds of information to complete the application, which includes: The total value of the trades you enter through FC Exchange Online at any one time cannot exceed £10,000, unless you have prior consent from the company. You can initiate your transfer online or over the phone. The company, at its discretion, may accept orders via fax or email. You can make a personal transfer in different ways, which include one-off payments, regular payments, forward contracts, and market orders. The available modes of payment depend on the country of your residence. This section of the FC exchange review rates the company well. A recent happy FC Exchange customer referred by iCompareFX had this to say about FCExchange.com currency rates and customer service: You can get in touch with a company representative in different ways, which include over the phone, via online chat, and through email. The table below provides contact details according to specific locations. A currency transfer comparison gives you easy means to pick a service provider based on your individual requirements. While FC Exchange deserves your attention, comparing it with other players in the field is always recommended. Summary FC Exchange has evolved over time, using technology to provide its customers with quick and reliable ways to transfer money abroad. The company provides some of the best rates for currency exchange, and using its services can lead to savings in fees as well. You can register with this company from most countries in the world. It supports a range of currencies, so there is a good chance you will not have to look elsewhere. Wondering if you should use this company for your next FX money transfer? Read on… Headquartered in London, FC Exchange began operations over a decade ago. Now, it has satellite offices in Hertfordshire, Cornwall, Cyprus, and South Africa. While this foreign exchange broker provides great rates for currency exchange, it also backs its offerings with high levels of customer satisfaction. From inception, this company has operated successfully without incurring any debt. It continues to build long-term relationships with clients based on individual needs. It provides services to individuals and businesses alike. Clients of this foreign exchange broker use its services for one-off purchases and for long-term solutions. FC Exchange has served over 25,000 clients and processed approximately £5 billion in transactions. Every year, it enables thousands of clients to transfer money abroad in a quick and safe manner. When you deal with this company, you have a single point of contact. Like other prominent FX money transfer companies, FC Exchange offers bank-beating rates. The company’s best rate guarantee shows how confident it is in the rates it offers. The currency exchange fees this company charges can lead to further savings.Personal Transfers
Business Transfers
Online SellersWhen you take your business to the global audience through eCommerce platforms such as eBay and Amazon, you can end up losing a significant percentage of your profits in currency exchange fees. FC Exchange solutions for online sellers can help minimize these. Registering for an account is easy – you complete a simple online application. Then, FC Exchange sets up different currency accounts, linked to a primary account. Once you update your online marketplaces with your new account details, you can manage your balances through the FX Exchange website.FC Exchange – Best Rates for Currency Exchange
FC Exchange Coupons
Signing Up With FC Exchange
Transferring Funds Through FC Exchange
Additional Information About FC Exchange
Region Phone Number Email Address Hours of Operation The UK 44 (0)20 7989 0000 - 44 (0)1872 309895 info@fcexchange.com Mon to Thu 7.30am to 7pm - Fri 07.30am to 6pm Cyprus 357 2693 3164 cyprus@fcexchange.com Mon to Thu 9.30am to 9pm - Fri 07.30am to 8pm South Africa 27 (0)21 100 3410 southafrica@fcexchange.com Mon to Thu 8.30am to 8pm - Fri 08.30am to 7pm Learn More
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Juan Carlos Cepeda says
I am looking the copareFX for FC Exchange.
Please tell me what does mean “Non Deliverable Forward”. I am looking to do a transfer from Chile to USA.
Thank you
iCompareFX says
Hi Juan,
Non Deliverable Forwards(NDFs) are a type of forward contract that some companies use to hedge their foreign exchange risk. They are called ‘Non Deliverable’ because the notional amount never changes hands. Forward Contracts are used to lock in an exchange rate for the future.
If you’re looking for a personal transfer from Chile to the USA, then you probably won’t require NDFs. A standard Forward Contract might be useful to someone who was looking to transfer funds at some time in the future.
Best regards,
The iCompareFX Team