Moneycorp is an award-winning foreign exchange specialist with over 40 years of experience in the industry. Our market expertise saves businesses and individual’s time and money on their international payments and currency transactions.
Our International Payments division provides international money transfers at great exchange rates and offers free expert guidance on the foreign exchange market, helping our clients make informed decisions about their international payments.
We are one of the UK’s only fully integrated foreign exchange companies with total operational control of our services. This allows us to tailor our products and services according to the requirements of our clients or business partners.
We work with a panel of banks including a mix of Tier 1 corporate and investment banks allowing us to provide the most competitive exchange rate we can offer.
We recently opened our APIs for new and existing customers. By opening up previously proprietary payments services, businesses will now be able to integrate directly with the platform to facilitate electronic account, balance, and beneficiary and payment management.
We have served 10,000+ businesses since we created our International Payments division and had a turnover in 2018 of £35.5bn with over 5.9 million client transactions undertaken.
Our Wholesale Banknotes divisions supports the global supply chain by delivering and collecting Mint, ATM and used banknotes, with great pricing and favourable settlement terms. Moneycorp Bank Limited and Moneycorp (Hong Kong) Limited have been approved to participate in the Federal Reserve’s Foreign Bank International Cash Services (“FBICS”) program. The program is designed to permit certain foreign banks that do not have a presence in the United States to open limited-purpose master accounts on the books of the Federal Reserve Bank of New York, and to use those accounts to access Federal Reserve Bank currency services in connection with their international banknote operations.
Our Private division helps individuals with their foreign currency/international payments. No matter the reason, whether one-off or regular, we help customers save time and money on their overseas payments with the right technology and service
We have offices in the UK, US, Ireland, France, Spain, Romania, Brazil, Dubai, Hong Kong and Australia plus a multilingual customer service and dealing team in London.
We hold regulatory and/or commercial licences around the world including Brazil, Spain, Australia, UAE, France and Ireland. Our Brazilian banking licence gives is direct access to the Central Bank of Brazil, facilitating direct payments to/from Brazil