Among the largest and most experienced foreign exchange firms No fees and bank-beating exchange rates Very high level of customer service
Moneycorp is the second largest foreign exchange broker in the United Kingdom, helping individuals and SMEs around the world save on their international transactions. The company was founded in 1962, and has been dealing in foreign exchange since 1979. In 2015, Moneycorp traded over £22bn in 90 different currencies. This definitely makes Moneycorp one of the largest and most experienced companies around for international payments.
Moneycorp charges no fees for Monito customers, and their exchange rates beat what most banks offer. You can transact over the phone with your personal account manager, or trade online or through the Moneycorp smartphone app, making Moneycorp’s service highly convenient in addition to cost-effective. Moneycorp is headquartered in London, and has several other offices across Europe and the Americas.
They are quick to communicate, Jonathan my appointed manager was most helpful.
I would recommend it
My first transaction was laborious because I am not very quick on the internet but now that I understand the system, I will use the service again and would recommend it to others.
A quick and relatively simple process
This was the first time I had used the service and the staff were helpful and efficient.
Moneycorp has great reviews on Feefo from almost five thousand customers sharing their opinion. 95% of Moneycorp customers rate the company four or five stars out of five, giving them an average rating of 4.6 / 5. Here are customer opinions about Moneycorp:
Moneycorp is the trading name of TTT Moneycorp Limited, a company registered in England. Moneycorp is fully authorised and regulated in the UK as an Authorised Payment Institution by the FCA, as a Money Service Business in 49 states and the District of Columbia in the US (in addition to being registered with FinCEN on a federal level), and as a bank in Gibraltar by the Financial Services Commission.
Moneycorp takes regulatory compliance and risk management very seriously. Maintaining the highest levels of compliance is a strategic priority for Moneycorp, and the company continues to invest in both people and technology to enhance its compliance capabilities. As per regulations, all client funds are held in segregated client accounts, meaning that Moneycorp cannot use these funds for anything else than carrying out your transaction.
The company has been around since 1962 and has over 35 years’ experience in foreign exchange. Over the years, the company has transacted hundreds of billions of pounds in currencies all over the world. Over 760 devoted employees work for Moneycorp, providing an outstanding level of customer service. Over 4800 customers have reviewed Moneycorp on Feefo, giving the company an average rating of 4.6 out of 5. The company is therefore very highly rated, with 94% of customers being very satisfied with Moneycorp’s service (4 or 5 stars).
Overall, there is no doubt that Moneycorp is among the safest foreign exchange and international payment companies around.
|Time to open an account||-|
|Minimum amount||Depends from currencies|
|Advanced currency contracts||Yes|
|Type of service provider||Foreign exchange companies|
|Headquarter||London, United Kingdom|
|Offices in||Brazil/France/Gibraltar/Ireland/Spain/United Kingdom/United States|
|Service hour||Business Hours|
|Phone||0044 207 589 3000|