Money Transfer FAQs

Frequently asked money transfer and CurrencyTransfer.com product questions. No spin. No Jargon

Our Product

	What is CurrencyTransfer.com?
	How is CurrencyTransfer different to other money transfer companies?
	How do your FCA regulated money transfer companies contribute rates to CurrencyTransfer?
	Who can use the CurrencyTransfer.com marketplace?
	How much can I save on the CurrencyTransfer money transfer comparison platform?
	How much does it cost to use CurrencyTransfer?
	Why should I use CurrencyTransfer instead of going to a bank or broker?
	Is there a minimum or maximum transfer amount?
	Can I choose which currency specialist I open an account with?
	Why have you chosen not to be whole of market comparison?
	How do you guarantee the best currency transfer rates?
	How do banks make money on international money transfers?
	How is CurrencyTransfer different to Transferwise?
	If CurrencyTransfer was an airline, which one would you be?

Booking Trades

Customer support

	How does the registration and on-boarding work?
	How do I setup a new currency transfer?
	What bank account details do I need to make an international money transfer?
	Why do I need to do compliance checks when making a money transfer?
	When will my international payment go out to my recipient?
	Can I speak to someone at CurrencyTransfer if I need to?
	Does your comparison platform support individual money transfers?
	When is your online money transfer marketplace open?
	What’s the difference between a personal and business money transfer?

Traded Currencies

Regulation

Jargon Busters

	What is an IBAN number?
	What is SWIFT?
	What is a spot contract?
	What is a forward contract?
	What is a beneficiary / recipient?
	What is a BIC code?
	What is an ABA number?
	What is faster payments?
	What is the FCA?
	What does 0% commission money transfers mean?
	What is a honeymoon rate?

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Money Transfer FAQs

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