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Save when sending money abroad
Whether you’re buying property overseas, emigrating or transferring money to friends and family, we can help you send money safely to its required destination at bank-beating rates.
And with no transfer fees* when sending to over 120 currencies worldwide, plus tailored guidance every step of the way, you could benefit immensely from swapping your bank for an expert currency specialist.
Sign up now for fee-free* transfers
By using our specialist transfer service, you can get better exchange rates than by going via your high street bank.
No transfer fees*
Transfers are fee free online or over the phone*, whereas banks can charge up to £40 per transaction.
You will have access to a currency exchange expert who can personally help you through every step of the process.
Quick and easy
You can make payments from your online account 24/7, or you can speak to a currency expert Monday to Friday.
Need reassurance? Our experienced British-based team are on hand to help. Our customer care team has been awarded a ‘Gold’ Trusted Service Award by independent review site Feefo.
Lock in an exchange rate for up to two years.† With Forward contracts if the market moves, your rate remains unaffected.
How it works
Sign up. it's free, quick and easy.
Tell us what currency you need
We'll exchange and deliver it safely, on time
What Telegraph International Money Transfer customers say
Mr and Mrs Law
Philip Entwistle, O.B.E.
What is a forward contract?
A forward contract is a means of protecting against subsequent exchange rate movements. There can be some advantages to this approach, read our article ‘What is a forward contract?’ to find out more.
How do I know what the best exchange rates are?
A combination of several factors influence exchange rates. These may include inflation, perceived political and economic risk, government borrowing requirements and current account deficits to name a few. Not all of these events are predictable but a specialist can help you understand when the optimal time to execute a transfer might be and offer guidance. Read our expert guidance on getting the best exchange rates.
How do I know my transfer is safe?
Our partner moneycorp is authorised and regulated by the Financial Conduct Authority for the provision of payment services, under which it is a requirement for all relevant client funds to be held in segregated client bank accounts. Over 10,000 Telegraph readers have used the service as a professional alternative to the high street banks.
How long does a transfer take?
The timing depends on both the destination and what transfer option you select.
Express: 0-2 day delivery time (Faster transfer option)
Standard: 2-4 days
How much does the service cost?
There is no cost or obligation to register for an account. Following registration, Telegraph readers pay no transfer fees online or over the phone*. High street banks charge an average of £30 to £40 per transaction, meaning the difference could add up to hundreds of pounds if you make regular payments throughout the year.
How can I transfer funds
You can easily transfer funds online using your personal Telegraph International Money Transfers account using a process similar to online banking via your PC, tablet or smartphone. Alternatively, if you prefer you can speak to a member of the specialist customer service team, who is able to talk you through the process and provide guidance and support throughout.
The Telegraph has carefully chosen the credible market leader moneycorp to provide our readers with great exchange rates and a quality service when sending money overseas. moneycorp has been transferring money abroad since 1979 and holds a 5A1 security rating from Dunn and Bradstreet
moneycorp is a trading name of TTT Moneycorp Limited which is authorised and regulated by the Financial Conduct Authority (firm reference number 308919) for the provision of payment services.
*Excludes regular payments. †Forward contracts may require a deposit