International Money Transfers
Frequently Asked Questions

If you have  any questions about international money transfers, you’ve come to the right place. If you can't find what you need, please contact us and we will be happy to assist in making your international payments.

FAQs
What is an international money transfer comparison?

An international money transfer comparison lets you see the rates and fees offered by different transfer providers side by side. Rather than accepting whatever rate your bank offers, you can check who will give you the most for your money before you send it.

How does The Money Cloud work?

You enter the amount you want to send and the currencies involved. We then show you a comparison of rates from our panel of trusted transfer providers, so you can choose the one that suits you best and get started straight away.

Is it free to use The Money Cloud?

Yes. Comparing rates through The Money Cloud costs nothing. You only pay the fees set by the transfer provider you choose to use.

Will I get a better rate than my bank?

In most cases, yes. Banks typically apply a margin to the mid-market rate, which increases the cost of your transfer. Specialist providers usually offer more competitive rates, and the saving can be significant on larger amounts.

Can businesses use The Money Cloud as well as individuals?

Absolutely. The Money Cloud works for personal transfers, such as sending money to family or buying property abroad, and for business payments, including paying overseas suppliers or managing foreign currency invoices.

How quickly will my money arrive?

Transfer times vary depending on the provider and the currencies involved. Most international transfers are completed within one to three working days, and some same-day options are available for certain currency pairs. We display expected transfer times so you can factor this into your decision.

International money transfers - FAQs
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