"Unlike other major banks, HSBC offer travel money services to all individuals not simply their banking customers. Unfortunately their exchange rates are not competitive. Please compare the exchange rate offered by HSBC with other travel money providers to check whether you are getting the best deal."
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HSBC are prominent on the UK high street.
HSBC's main features include:
£2,500 maximum travel money order amount
£100 minimum travel money order amount
Next working day home delivery available.
Deliveries to remote parts of the UK and Jersey, Guernsey or the Isle of Man can take up to 3 working days.
For larger transactions a money transfer service may be better suited to your requirements especially if you need to make an international payment abroad. HSBC offer money transfer services to their existing banking clients. Be wise and compare HSBC exchange rates with other money transfer providers. For more help with this please visit here.
Why do 95% of UK consumers till use the bank for foreign exchange conversions
Please think carefully before you use the bank to make an international money transfer. Banks are notorious for offering poor exchange rates and you could save hundreds if not thousands by shopping around to find an alternative money transfer specialist. Reputable private companies that are regulated by the Financial Conduct Authority can help you to mitigate your exposure to exchange rate fluctuations and help you to find the best time to convert your money.
Do you think the bank would offer this same level of service?
Compare HSBC exchange rates here.