Customer Feedback
"The purchase of my foreign property could not have gone smoother. Escape Currency plc made the whole process stress free as they talked me through every option I had available. I am now transferring money abroad regularly to pay for the mortgage and they always keep me up to date with the current rate. They are extremely efficient, pro-active and understanding dealers that can help in any situation."
James,Leicester
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Your Currency Exchange Questions Answered…
Why choose Escape Currency?
How do I get my funds to you?
The quickest way to get your funds to us is by CHAPS transfer at your bank which
is instantaneous but chargeable. Alternatively you can use internet banking,
BACS transfer, or you can send us a cheque. All funds must be cleared before we
transfer your currency.
How do I know my money is safe with you?
Security of your funds is of paramount importance; therefore we hold and
maintain Segregated Client Accounts at Natwest Bank so that clients’ funds are
totally separate from our business accounts.
I do not need the currency yet but I would like to book the rate now, is
this possible?
If you do not need the currency now, but the current rate is favourable, we can
fix the rate for up to 18 months in advance in exchange of a 11% deposit, taking
away the risk of the rate fluctuating against you and helping you plan for the
future a little more easily.
How long will it take to get my currency?
Once we have received your funds we will transfer your new currency. With our
standard transfer this takes up to 5 days, or you can opt for Urgent
International Transfer, which can show as cleared funds within a matter of hours
but can also take up to 48hours, which is all dependent of the receiving banks
clearing system.
If you do not charge any commission how do you make any money and remain
competitive?
Simple. Because of the sheer volume of business that we transact it allows us to
access wholesale rates for the benefit of our clients. We do not need to charge
commission because we make our money on the small margins between what we’ll buy
and sell at, whilst still beating the rates offered by the banks by up to 5%!
So, are there no additional charges to pay at all?
The only extra charge you will have is £15.00 to transfer the currency to the
receiving bank on anything under £20k.
I only need to transfer a small amount of money to pay bills each month.
Can you do this?
ROPS! Regular overseas monthly service is designed for anyone needing to
transfer a small amount monthly, bi-monthly or quarterly. You can still make a
saving on the exchange rate, fix the rate for 12 months and each transfer is
reduced from £15 to £5. All you need to do is let us know how much you need to
transfer, set up a Standing Order with your bank and let us know where you would
like us to transfer the funds.
I need to buy currency, but and I am hoping to achieve a better rate
than is available now, what should I do?
Let us know what rate you are hoping achieve, our expert currency dealers can
advise of a reasonable rate to expect, then we will put a Limit Order in place.
If the markets go in the right direction and rate you have targeted becomes
available at any time, the Limit Order will be automatically executed and your
currency purchased.
What currencies do you trade?
We buy and sell the following currencies for our clients:
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GB Pounds |
|
US Dollars |
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Euros |
|
Australian Dollars |
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New Zealand Dollars |
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Hungarian Foraint |
|
Swiss Francs |
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Czech Kroner |
|
Swedish Kroner |
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Norwegian Kroner |
|
Cypriot Pound |
|
Hong Kong Dollar |
|
Polish Zlotyr |
|
Indian Rupee |
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Moroccan Dirham |
|
Japanese Yen |
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Thai Baht |
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Canadian Dollars |
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South African Rand |
|
Maltese Lira |
|
AED Dirham |
If you have requirements for any other currency, or have any Currency Exchange Questions please call us on 08000
321109