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Your Questions
specialist foreign currency exchange
How 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, 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 by Urgent International Transfer. This 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 margins between what we’ll buy and sell at, and 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. Charges for larger sums are negotiable.
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 do need to buy the currency, yet 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 and 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:
| GB Pounds |
Hong Kong Dollar |
| US Dollars |
Japanese Yen |
| Euro |
Thai Baht |
| Australian Dollars |
Canadian Dollars |
| New Zealand Dollars |
Polish Zloty |
| Hungarian Foraint |
Indian Rupee |
| Swiss Francs |
Moroccan Dirham |
| Czech Kroner |
South African Rand |
| Swedish Kroner |
Maltese Lira |
| Norweigen Kroner |
AED Dirham |
| Cypriot Pound. |
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If you have requirements for any other currency, please give us a call.
Company Name: Escape Currency PLC
Registered office: 45 Buckingham Street, Aylesbury, Bucks HP20 2NQ
Registered in England - No. 4724923
Telephone Number: 01296 339811
foreign currency trading, foreign currency exchange trading |