City A.M. has teamed up with foreign exchange experts moneycorp to launch City A.M. International Payments. Since its inception, many City A.M. readers have decided to switch from their bank to moneycorp when making overseas money transfers. Ben Martin is just one example of the many satisfied City A.M.
International Payments customers who have taken advantage of moneycorp’s bank-beating exchange rates, low transfer fees and expert personal service.
Mr. Martin decided to change his money transfer provider after reading about City A.M. International Payments. He runs his own Banking Advisory firm and needs to send money to France regularly to pay for work being carried out on his property in the Alps.
‘I had been using my primary bank for international payments, but grew frustrated at the poor exchange rates I was being offered. I called moneycorp after reading about City A.M. International Payments, to learn if I could improve the rate at which I bought euros.’
Most people use high street banks to make international money transfers, however, banks don’t typically offer the most competitive exchange rates and can often charge large fees for making the transfer. Currency specialist’s moneycorp can offer exchange rates that are typically 3-4% better than you would get from a high street bank – on a transfer of £100k that could equate to a saving of up to £4,000. And while banks may usually charge a £20-40 fee for each transfer, with moneycorp the transfer fees are waived online for City A.M. readers and rise to a maximum of £15 for orders placed over the phone.
Mr. Martin added: ‘I was pleased to find that moneycorp was able to improve on the poor rate my bank offered me. I contacted my bank and advised them their exchange rate was uncompetitive – I knew this from representing my own clients and was backed up by moneycorp’s better pricing. The bank was unprepared to improve its rates, so I have switched to using moneycorp for all future foreign exchange’.
As well as competitive exchange rates and low transfer fees, moneycorp offers customers a personal service you may not receive from a high street bank. Each client is assigned their own personal account manager, who will take the time to understand your foreign exchange requirement. He or she will be able to guide you through the transfer process and help you deal with the often fast paced currency markets. Your personal account manager is based in moneycorp’s office in London, and is available at the end of the phone during extended office hours: 7.30am – 9pm Monday – Friday and 9am – 1pm on a Saturday. For Mr. Martin, this high-level of bespoke customer service has proved invaluable – helping him to make the most out of all his currency transfers to France.
For competitive rates and the exclusive City A.M. offer of free online transfers, call free on 0808 115 3718