Telegraphic Transfers
A telegraphic transfer is the fastest, most secure and inexpensive method of transferring funds overseas. With a system that allows you to track the payment, you can trust Currencies 4 You to carry out this swift transfer with no cost to you whatsoever.
What are the benefits of a telegraphic transfer?
 Most secure method of transferring funds internationally
Fast payments, meaning funds are received within hours
Send payments to beneficiaries anywhere in the world
Provide you with Proof Of Payment immediately
Is this the correct payment method for me?
The Currencies 4 you payments division understand that to conduct your business in a professional and efficient manor it is of the highest importance that clients/ receiving beneficiaries receive payments correctly and as quickly as possible to maintain a healthy business relationship. Unlike many organisations the Currencies 4 You telegraphic transfer involves no cost and also can arrive to its receiving beneficiary within hours of the payment being processed.
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.
Fast delivery on payments:
Currencies 4 You only carry out same-day international telegraphic transfers, meaning payments can usually be delivered within hours of the application. This is the fastest, most secure method of sending payments internationally.
Proof of Payment:
Understanding the importance on the delivery of payments, we can now help confirm your payment with the beneficiary party that you may be sending funds to. Once executing a telegraphic transfer we will provide you will a proof of payment directly from our accounts department, which shows how much where and when the currency has been sent. In case you are importing or exporting goods, this document provides peace of mind that the payment will be received by the beneficiary on the same day the transaction has taken place, which enables your suppliers to release goods early.
Please see our telegraphic transfer IBAN information to ensure we receive the correct payment details for transactions we are likely to carry out.
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