Whether you’re buying goods from Germany or selling services to Spain, with your currency needs taken care of, you can spend more time doing what you do best. All while maximising your profits.
Why the HL Currency Service?
- Place orders easily online or by phone. Get going quickly, or let us walk you through every step.
- Convert foreign money to sterling too. Transfer money from your bank to your HL Currency Account and let us do the rest.
- Send money abroad regularly. Set up a monthly Direct Debit for your regular payments.
Get back to business
We know you’re busy running your business, so we don’t keep you waiting. When you call us, you’ll get straight through to a currency specialist who’ll be able to help. We usually answer our calls in just 6 seconds.*
*Based on all calls to our currency service January - December 2018
How much further could your money go?
To make sure you get a great exchange rate, we check our exchange rates against high street banks every month.
These quotes were obtained from seven high street banks on 1 November 2019 for a transfer of £20,000 to euros. Currency markets move constantly, so the rate you'll receive will be different from this example. For a personal quote just call our friendly team on 0117 311 3257 (Mon-Fri, 8am-6pm). We charge a small fee on low value transactions.
|Hargreaves Lansdown||Average high street bank|
|Less margin applied by provider||0.85% (£170)||2.58% (£517)|
|Exchange rate offered||1.152||1.132|
|Total saving using HL: €402.51|
Currency service charges
Orders under £3,500 are just £5
Orders under £5,000 are just £10
Orders under £500 are just £7
Open a currency account for your business
To apply for an HL Business Currency Account, you’ll need to complete a few short forms and post them back to us.
We’ll let you know when your account is open and what your next steps and options are.
Your money’s in safe hands
When you’re sending money overseas, its security is incredibly important.
We’ve got over 11 years’ experience of safely transferring billions around the globe for our clients. And, since we’re authorised by the Financial Conduct Authority, your money will always be kept separately from our own company funds.
What our clients say
“It’s important for us to know how much the materials are going to cost and this gives us peace of mind.”
Mr Lloyd explains how we help his business to manage the risk of fluctuating exchange rates.
Read more about how we have helped businesses save money
Currency guide for businessesDownload guide
The Hargreaves Lansdown Currency Service is a trading name of Hargreaves Lansdown Asset Management Ltd, 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. 1896481. Hargreaves Lansdown Currency Service is provided by Hargreaves Lansdown Asset Management Ltd which is authorised by the Financial Conduct Authority (FCA) as a Payment Institution under the Payment Services Regulations 2017. The Firm Reference number is 115248. You can look this up on the FCA register website.
The interbank rate is the rate that banks and large institutions buy and sell to each other and is the rate you’d see quoted in the news. Ours is taken from Proquote.
Most providers make money by adjusting the interbank rate and offering you a less favourable rate. This is why the exchange rate offered is less than the interbank rate.