Bank Comparison
Currencies 4 You specialise in executing fast, secure and precise international payment saving a diverse directory of clients substantial sums of money.
Why our business should use Currencies 4 You?
Provide secure methods of transferring funds internationally
Executing fast payments, meaning funds are received within hours
Ability to send payments to beneficiaries anywhere in the world
Provide you with Proof Of Payment immediately
Provide you with a Personal Account Manager
Offer business development strategies to mitigate risk
With years of market experience, our corporate analysts understand the importance of purchasing foreign currency at the correct time. A small variation of the exchange rate could affect your business by thousands, affecting not only your costs, however, your balance sheet and competitiveness within the marketplace.
Our dedicated personal account managers are there to protect your business from volatile rate fluctuations and also to help you choose the right contract when purchasing your currency.
Currencies 4 You provide various financial solutions that enable you to customise the purchase of currency to maturity dates that suit you.
Rate Comparison:
Due to the level of turnover that Currencies 4 You produce, our banking partners understand that our clients require the most competitive rates of foreign exchange. Recently we carried out a survey as an indication to how our exchange rates differ to those that the bank may offer:
Currency Provider | Amount | Rate | Transfer Charge | Cost in £’s |
Currencies 4 You | €150,000 | 1.1350 | £0 | £131,158.59 |
HSBC | €150,000 | 1.1227 | £25 | £133,631.48 |
Barclays | €150,000 | 1.1209 | £35 | £133,856.03 |
Nationwide | €150,000 | 1.1159 | £25 | £134,445.64 |
Natwest | €150,000 | 1.1123 | £25 | £134,880.70 |
Bank of Scotland | €150,000 | 1.1203 | £35 | £133,927.70 | |
The above rated were taken on 15/04/2009 and were provided by each of the banks directly, the above table is only for indication purposes and may change from time to time. |
Beating the bank charges:
Currencies 4 You carry out only same-day telegraphic transfers ensuring funds are delivered correctly and promptly. We adopt a strict no cost policy meaning there are no transfer fees and no commissions deducted from the payment amount requested.
Recent survey carried out over a period of 12 months:
| Same Day Telegraphic Transfers | TT Charge | Charges over 12 months |
Currencies 4 You | Yes | Free | £0 |
HSBC | Yes | £25 | £300 |
Barclays | Yes | £35 | £420 |
Nationwide | Yes | £25 | £300 |
Natwest | No(3 Day) | £25 | £300 |
Bank Of Scotland | Yes | £35 | £420 |
This survey was based on 12 international payments over a period of one year, payment charges may have changed since the survey. Data collected 22/10/08 |
Over a period of one year Currencies 4 You on 12 international payments are likely to save you a minimum of £300-£400 pounds. However this does not include the savings on the rate obtained also.
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