Barclays bank offer money transfer services for business and private clients who hold an account with them. Whether you are planning to buy an overseas property, emigrating, paying a bill or making an overseas payment for another reason, Barclays exchange rate services will ensure your money reaches your beneficiaries account successfully. Compare Barclays currency dealers against other leading money transfer companies to find the best deal in our International payment comparison table.
Please remember to compare the exchange rate offered by your bank against other currency dealers to ensure you get the most competitive exchange rate.
In order to carry out an international transaction with Barclays currency dealers you must have an account with them. If you do have a current account with Barclays unfortunately you cannot simply make a payment to a non-UK bank account via your internet banking facility.
Banks Versus Brokers
You can potentially save hundreds if not thousands of pounds by using a foreign exchange broker instead of the bank. Brokers offer better rates and free transactions. Their experienced staff are on hand to monitor the markets on your behalf in order to help you find the best time to trade. They can explain what buying and selling tools are available to help you minimise your currency risk and maximise your currency conversion. Do you think the bank would offer this same level of service?
Many firms now offer online trading platforms so that you can process your transactions when you need to.
Compare the features of Barclays exchange rates against other UK leading money transfer firms in our easy-to-use comparison table here.
Barclays money transfer is only available to existing customers. Please compare Barclays exchange rates with those offered by TorFx and Currencies Direct to find the best rate. Getting quotes early will save you time and money in the long run.