Review Of The Website Currencies Direct

Posted by Allison on 1 April 2009, 16:30

As soon as you arrive on this particular website you will get a feeling of how professional the service is that it offers.  The site also offers services for both individuals and businesses, so no matter what it is you need, there is every chance you will find the services you want right here.

How do I find the website for this company?

The main website address is at www.currenciesdirect.com/uk.  You will also find it quite easily if you leave the UK part at the end off – it will automatically detect which country you are in.

Indeed, you will notice that the currency converter on the main page reflects this; take a look at the data inside it and you will see that the first currency listed will be the British pound.  This will save you time when you come to use it.

Why did this company come into being?

The purpose of the company is quite simply to offer services within the foreign exchange sector.  The company has been built up and developed quite quickly, and they have won awards for their work in this sector.

No matter what your needs are, you will find that you can easily open an account with them and move on from there.  The best place to start though is by exploring the website to get a better feel for what they do and how they do it.  And to this end there is a lot of positive and useful information included on the site for your use.

Understanding the exchange rates

You might have many different reasons for wanting to send money abroad.  For example if you have a business in the UK, you might also do business with other companies or customers overseas. 

In this case what you really need is a quick and easy way to transfer that money to its destination.  And of course you also want to get the best possible exchange rate at the same time.

This is what Currencies Direct offers you.  What's more, you won't be stuck with outdated rates, because the company refreshes the figures on their website every quarter of an hour or so.  You can get a good indication of the rates you will benefit from by looking at the following web page - http://www.currenciesdirect.com/uk/.  The actual rates that will apply will of course depend on when you make your transaction.

As you will see, for those in the UK the currency pairings are shown with the British pound appearing first in the pairing.  So you can easily tell what the various exchange rates will be.

The fact that the site adjusts to the UK like this makes it far easier to use it.  It also means you don't have to search through lots of needless exchange rates to find the ones you need.

What does the company offer to individuals?

For starters, larger transfers to other countries can be made without any charges whatsoever.  And what's more, if you find that you need to transfer money regularly you can even set up a regular plan to make sure that it happens.  If you have a friend or relative in another country who needs some financial support for example, this would be ideal.

Of course you might have bigger plans afoot – such as leaving the UK for good and setting up home elsewhere in the world.  If this sounds like it could be in your future, you may well benefit from opening an account with Currencies Direct.

How can companies benefit from using Currencies Direct?

As far as businesses are concerned, their needs for transferring money into a different currency and sending it overseas may be very different from those an individual would have.

If you trade overseas, or you import goods from another country, it's important to know that you are going to get the most for your money.  Currencies Direct can provide your company with forward contracts, which means you will be able to minimise the risk of a sudden change in the exchange rates with the UK.  You can plan for big changes and even if they happen you can be protected thanks to this service.

You can also use the foreign currency drafts facility, which allows you to pay smaller amounts to people in other countries without having trouble cashing them.

How easy is it to apply for an account?

The process is as simple as it could possibly be.  You can download a PDF copy of the application form if you wish, or alternatively you can take the easier option of sorting it all out online.  This is done over a secure connection so your data remains completely safe.

If you are an individual you will find the form to be very quick and easy to fill in.  For companies you will need to provide more information, naturally, but even then it shouldn't take too long to give them the information that is required to open your account.

Don't miss the case studies

No matter whether you are considering opening a personal or a business account with Currencies Direct, you should make a point of reading the relevant case studies in the section you are interested in.

This gives you a much better idea of how the accounts work in the real world, and for real people. 

How do you get in touch with Currencies Direct?

If you look to the right hand end of the menu bar near the top of the screen, you will see the 'Contact Us' link.  Click on this and you will see all the main areas of the world that the company operates in.

You should also see some phone numbers for various purposes which are all based in the UK.

In conclusion

If you have to transfer your cash abroad for any reason, you won't need to worry about having to pay extortionate charges any more.  Currencies Direct offers a quick and easy service for all Britons, no matter what your needs might be.

 

Comment

  1. i would like to send, 80,000 euros from france to uk

    — john robertson · May 11, 02:05 PM · #