Recent news has exposed the poor exchange rates and high transfer fees that some of the major banks are charging for transferring money abroad. When sending money overseas, there are steps you can take to make the most of your money and secure the best possible deal for your transfer.
Using the Hargreaves Lansdown Currency Service can save you money, without compromising the security of your transfer. We save our clients up to 3% compared to the high street banks, which can save you thousands of pounds on currency transfers.
No news or research item is a personal recommendation to deal. All investments can fall as well as rise in value so you could get back less than you invest.
Make more of your money by downloading our free guide, which lists five golden rules to make easier, cheaper and safer transfers. This guide:
- Reveals how HL has saved clients millions on overseas payments
- Explains the different fees and rates you should be aware of
- Compares how much a bank could charge compared to a currency broker
Don’t just take our word for it - here’s what our clients had to say about their recent transactions:
“Absolutely outstanding from start to finish.” Mr S from Worcestershire
I contacted the Hargreaves Lansdown Currency Service as I was selling a property in France and looking to repatriate these funds back into sterling. I decided to use the Hargreaves Lansdown Currency Service as they had previously sent me mail and information which I enjoyed reading and found very informative. From start to finish the service I received was excellent.
I decided to fix the rate after discussing my options with your Currency specialist, Alexander. Rates of exchange were particularly volatile due to Brexit-based announcements, which was concerning, so I decided to pay a deposit and fix the rate for the whole of the contract. Fixing the rate gave me the certainty over how much sterling I was going to receive from the euros arising from my property sale, and ended up saving me quite a large sum of money.
Overall, Hargreaves Lansdown is a large organisation but still feels down to earth with a real personal touch – the service I received was superb, I was kept informed and it couldn’t have gone smoother. I would definitely recommend this service to my family and friends.
“The rate was significantly better through Hargreaves Lansdown.” Dr R from Australia
I opened my currency account with Hargreaves Lansdown as I was planning to emigrate to Australia. I had previously experienced good service through my Stocks & Shares ISA and decided to use the Currency Service as I trusted Hargreaves Lansdown with my money.
The rate was significantly better through Hargreaves Lansdown than the major high street banks. The service was flexible and allowed me to transfer funds from my own account along with the proceeds from selling my property in the UK. I converted the funds into Australian dollars and sent onwards to my own bank account in Australia.
When making a large transaction I was reassured using Hargreaves Lansdown and would certainly recommend this service to my friends and family. I will definitely use the service again, and will be transferring funds later this year.
Save thousands of pounds
As a FTSE 100 currency specialist, we provide fast and secure international money transfers and offer highly competitive exchange rates and lower transfer fees than banks.
Here are just some of the benefits:
- Competitive exchange rates - up to 3% better than a bank
- No hidden fees - and no commission
- Low transfer fees - no charges for online transfers above £3,500 (£5 per transfer below)
- No minimum transfers - deal online from as little as you like
Alternatively, you can speak to our currency specialists by calling 0117 311 3257 (Monday to Friday, 8am until 6pm).
The Hargreaves Lansdown Currency Service is a trading name of Hargreaves Lansdown Asset Management Limited, which is a wholly owned subsidiary of Hargreaves Lansdown Plc, One College Square South, Anchor Road, Bristol, BS1 5HL. Company Registered in England & Wales No. 1822701. It is authorised by the Financial Conduct Authority (FCA) as a Payment Institution under the Payment Services Regulations 2009. The Firm Reference number is 115248. You can look this up on the FCA register website. The marketing of the service is not regulated by the FCA.