What Currencies Direct does well

Signing up - Sign up using the Currencies Direct website or app. Alternatively, register over the phone.

Payment options

Bank transfers
GBP and EUR debit card payments from the UK and European Union
Direct debits from the UK and European Union
Check payments from the US
Wire transfers from the US
ACH payments from the US

Phone transfers - You can set up phone transfers by speaking with your dedicated currency specialist.

Multilingual website - Use the Currencies Direct website in a number of languages.

Where Currencies Direct could improve

Transfer speed - Most transfers take 1 - 2 businesses days. Transfers in exotic currencies can take more time.

Transfer limits - You need to transfer at least £100/$100. The maximum limit for online transfers is £25,000.

Account verification - According to compliance requirements, you need to provide copies of your bank statement and passport.

Currencies Direct app - Available for Android and Apple - only for personal customers. Some customer reviews complain about its functionality on Google Play Store as well as Apple App Store.

FairFX Tag

Latest Reading