Crown Currency Exchange www.crowncurrencyexchange.com Review

Watch this item
Crown Currency Exchange www.crowncurrencyexchange.com
4.6 stars
Average rating for this product is: 4.6 out of 5

From 0 ratings and 19 reviews

Thumb up 84% of users recommend this product

Rate it Now:

Click on the stars above to rate this product:

Tweet This Item


Guest's Review of Crown Currency Exchange www.crowncurrencyexchange.com

2nd Nov 2009

Overall Rating

1 stars
  • Value for money
    1 stars
  • Ease of Use
    2 stars
  • Accuracy
    1 stars

The position with "Crown" and other currency exchange firms is that there is no sure security for ones money over the "delay" period until one receives the foreign currency.Few people can afford to chance losing their money. There is no compensation fund. The Financial Services Authority surprisingly do not exert their strict controls over currency exchange firms and so there is no compensation fund. "Crown" and other firms are not even required to place clients' money in a seperate customers trust account. Neither is there any requirements for a strong balance sheet. In fact, if one makes access to Company House via the internet at a charge of £1, one can obtain a copy of the last accounts of "Crown". You will see the balance sheet is quite weak ..in fact the shareholders have chosen not to have the annual accounts audited.All this is not to say that "Crown" are doing anything wrong ..just one needs to be so cautious now-adays. One cannot even trust several of the building societies or banks!!!

Remember - all reviews on Review Centre express the reviewer's opinion, not necessarily ours.
If you disagree with a review then please let us know by writing a review of your own or adding a comment.

Tweet This Review

Guest's review has yet to be rated - Be the first!

How helpful did you find this review?