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If you are making frequent overseas transfers, the Regular Payment Plan from Moneycorp is the service for you. It is specifically tailored for transactions like mortgage payments and pension transfers – and could save you hundreds of pounds a year on your money transfers.
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| I've been using the Regular Payment Plan to pay my mortgage in Costa Blanca for 16 months now, and during that time I've saved over £920. Best decision I ever made! |
| Paul Simmons, Bournemouth |
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Moneycorp, the UK’s leading overseas money transfer specialist, has been dealing in foreign exchange for over 30 years and has a team of currency experts who can help you get more currency for your pounds. That’s just one reason why 99% of Moneycorp customers would recommend their services.¹
Making money transfers with Moneycorp is faster, more convenient and much more cost effective than using a high street bank. They offer unbeatable exchange rates and they don’t charge commission.
The exclusive Regular Payment Plan from Moneycorp is our recommended way for you to transfer your funds abroad. The service will eliminate the time-consuming and costly process of arranging your own regular payments through a UK high street bank. It’s simple to set up and fully automated – your sterling is collected by Direct Debit from your UK account and automatically sent to your overseas bank account.
Making money transfers with Moneycorp is faster, more convenient and much more cost effective than using a high street bank. They offer unbeatable exchange rates and they don’t charge commission. For example, if you were to buy £100,000 worth of euros, we could get you nearly €5,000 more on the exchange rates alone. Take a look at the table below and see for yourself...
| Moneycorp | Bank | |
|---|---|---|
| Exchange rate² | 1.13 | 1.09 |
| Amount received in € per month | €1000 | €1000 |
| Amount you pay in £ per month | £884 | £917 |
| Exchange rates saving per year | £396 | - |
| Transfer fee per month | £4 | £25 |
| Commission charges per month (1.5%) | - | £14 |
| Total charges per year | £48 | £468 |
| Charges saving per year | £420 | - |
| Total saving per year | £816 | - |
This table is based on an exchange rates comparison taken on 5 March 2012 between HSBC, Lloyds TSB, RBS and Moneycorp.
Whether you are making regular payments, abroad or one-off transactions; the expert currency dealers at Moneycorp can help you trade at the right time to get the best deal. To benefit from their services, you need to open a free, no-obligation Moneycorp account in partnership with Compare Holiday Money:
Click here to open your free Moneycorp account now and start saving immediately.
¹ Moneycorp customer satisfaction survey, July 2009. ² Indicative rate at time of publication
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EUR | 1.1555 | ![]() |
EGP | 9.9000 |
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USD | 1.4920 | ![]() |
THB | 43.7500 |
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TRY | 2.7200 | ![]() |
MXN | 18.2000 |
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CAD | 1.5335 | ![]() |
AED | 5.4305 |
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AUD | 1.5325 | ![]() |
BGN | 2.2050 |