Established in 1979 and based in the United Kingdom, Moneycorp Limited is a company which offers international payment and foreign exchange services to individuals and to businesses. It has been regulated and approved by the Financial Conduct Authority since 2009.
Various services are offered. For the individual customer transferring money abroad is quick and easy with the Moneycorp app. There is also no maximum or minimum transfer limit.
Moneycorp also deal in travel money. It is possible to order this money and collect it in designated branches in central London, or at key airports such as Stansted, Gatwick or Southampton. Alternatively, you can load the money onto a special Moneycorp MasterCard. The company offer their fantastic ‘buyback guarantee option’ for travel money: money which is left at the end of the holiday can be purchased by Moneycorp who will match the initial rate you paid for it.
Another interesting feature of the Moneycorp service is the access they give you to their exchange rate team: a group of specialists who steer through the complicated markets to help you make your transfer at the best possible time. This is, of course, useful for individual customers, but especially for business customers.
Indeed, for businesses in particular, a very wide range of services are available. In addition to commercial foreign exchange and wholesale banknotes services, advice and support is available on topics such as global payments and risk management.
Indeed, the company are passionate about providing advice and insights into the, at times, complex world of finance. To this end, they have a ‘currency zone’ section of their site which allows an instantaneous check on rates as they evolve. Further, they provide daily and weekly articles written in easy-to-understand language which helps users to inform their money-related decisions by comprehending what is happening in the markets.
The website has other very interesting features which reflect the progressive approach of this company in other ways, such as an article published for International Women’s Day in 2018 which features 18 women from the Moneycorp team.
The company claims to be passionate about providing outstanding customer service and this is most definitely reflected by the relevant pages of their website. In addition to a very well-stocked and easy to navigate Frequently Asked Questions section, targeted contact details are provided for the various sections of the business to increase efficiency.