Foreign Currency Direct Reviews

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★★★★☆
4.2
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Latest Reviews

“Gave me an awful echange rate”

★☆☆☆☆

written by Danica283 on 20/02/2017

My fault for not shopping around, but I used this company because a friend recommended them. The rate I got was just terrible and shopping around would have revealed quite how much they were ripping me off. Let the buyer beware with this bunch. Incidentally have a look through their similar 'positive' reviews on here and decide for yourself how many of them are from real customers.

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Jessicamr's Comment

Written on: 15/03/2017

Good Afternoon,

I haven’t been able to locate you on our client records in order for us to look into the point you have raised. If you would like to discuss this please don’t hesitate to get in touch.

If you are interested in reading further customer reviews, there are thousands of these available on Feefo, these are 100% genuine and cannot be created or amended by us.

I hope we will be able to resolve the issues raised in your review. Thank you for your feedback.

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Pitman24's Comment

Written on: 24/03/2017

I tried to resolve this directly with Foreign Currency Direct, and their response was that they are a profit making company and so will naturally not give me the best rate available. That was after specifically telling me they'd got me the best rate possible - something that is a demonstrable lie.

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“Amazing Easy Experience”

★★★★★

written by JulianSargent on 11/01/2017

From start to finish the assistance and guidance could not have been easier, thank you for making the process so simple and easy.

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“Foreign Currencies Direct Service Assessment”

★★★★★

written by aaHouston361 on 22/12/2016

Both the dealer & the financial controller gave a most pleasant to the point top quality service. Your financial information shows a tight gross margin which nevertheless leaves a good net profit. This gives good customer confidence. I cannot suggest any improvement. All the best to your superb staff. 

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“overall very good service a little confusing with the...”

★★★★☆

written by Kearns467 on 07/12/2016

overall very good service a little confusing with the money exchange rate

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“Just as it should be.”

★★★★☆

written by on 25/11/2016

Helpful, friendly, prompt service.

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“Friendly, helpful staff”

★★★★★

written by on 17/11/2016

Friendly, helpful staff explained everything really well and made the whole process very straightforward.

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“Unprofessional, unprincipled and unfriendly.”

★☆☆☆☆

written by Delilah287 on 11/11/2016

I chose Foreign Currency Direct because they were recommended by a real estate company that had given me excellent service. I had previously experienced excellent service from Moneycorp. On contact with Foreign Currency Direct I was promised professional and personal service with competitive rates. I experienced none of these. In the week preceding the settlement of our house I contacted Foreign Currency Direct and Moneycorp twice for current rates. Moneycorp produced them immediately, Foreign Currency Direct gave indicative figures only. It was only after applying considerable pressure did I get an actual rate on the Friday preceding the house settlement. It was lower than Moneycorp, but because I was going to be travelling in the two weeks following the house sale and would not find communication easy I chose Foreign Currency Direct and gave the account details to the notaire's office to forward the house sale proceeds assuming that the promise of better service would be a reality. The person who was directly my account manager was rarely available when I called, hence there was no personal service. I dealt with a number of people who were not aware of my personal situation. It was frustrating having to explain to others what I had previously established for the record. Having settled the house sale on the Monday the proceeds were transferred to Foreign Currency Direct that day becoming available on the Tuesday. I was contacted at the airport on the Tuesday just before boarding my flight for overseas. The rate I was offered was 1% lower than that offered on the Friday without any corresponding change in the markets to explain the lower figure. I am left with no other explanation than that once my funds were in Foreign Currency Direct's account I was offered a less favourable rate: unprincipled! I needed our funds transferred to Australia to meet a house purchase contract. Failure to do so would lead to the loss of my deposit. I had no way to transfer my funds to Moneycorp so I accepted the rate offered by Foreign Currency Direct. I was then advised that my account details were not complete and that I would need to provide proof of identity and residence in France, a country I was just leaving having sold my residence. In brief, it was a nightmare for me to be able to meet the requirements from Cuba where internet access is in its infancy. The loss of time, sleep and peace of mind cannot be expressed! It took more than a week to meet the requirements and to achieve the transfer of funds that should have moved within 24 hours. I cannot fathom how a company can remain registered that does not have a system to ensure that it can meet its requirements before entering into a contract to transfer. The lack of professionalism is appalling. I would dearly love to bring the situation to whatever authorities may be relevant, but I need to put the matter behind me and get on with my life. My only satisfaction is that I have been able to deter one would be client and I hope to find others.

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E111's Comment

Written on: 30/12/2016

Thanks for your comment, I can assure you that this business has lost at least one potential customer (me) forever because of this negative feedback, thanks again.

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“Very smooth transaction”

★★★★☆

written by Sophiez115 on 23/09/2016

Very impressed with the service and attention to detail. Also impressive advice re: the volatility of the currency markets and the timing of the most beneficial rates. All round, very satisfied with the service and will definitely use again.

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“Client abroad”

★★★★★

written by Alysonl462 on 17/09/2016

Recommended by a friend,but very apprehensive as not ever used this service before,normally only through a bank.But the staff gave me full confidence kept me up todate on the transaction,and in all very professional.

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“CLIENT FIRST”

★★★★★

written by CindyCastillo on 27/08/2016

Good contact and support as well as informed information.Very user friendly and not intimidating even if you have not used the service before.

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“Attentive & helpful”

★★★★★

written by Randyandkt on 11/08/2016

A good service, attentive sales staff but not too pushy. If they can help then they go iut of their way yo conduct a smooth transaction. Excellent, would definatrly yse again

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“Attentive & helpful”

★★★★★

written by Randyandkt on 11/08/2016

A good service, attentive sales staff but not too pushy. If they can help then they go iut of their way yo conduct a smooth transaction. Excellent, would definatrly yse again

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“Very good service ”

★★★★★

written by Wright11xxx on 02/08/2016

Another very good dealing with this company. Always helpful and friendly. This is now the third time I've used their services and will definitely use them again.

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“Very helpful, transferred the money within 24 hours”

★★★★★

written by Edwards100 on 30/07/2016

He was very helpful, will use again

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“Very helpful!”

★★★★★

written by MattPaylor on 15/06/2016

Foreign Currency Direct offer a fantastic service. Transferring funds for a house purchase in France, I have to thank the person I dealt with for helping me through the process. I will definitely be in touch again! I will be recommending this service to friends and family.

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“Straightforward currency transfer.”

★★★★★

written by 376Sears on 29/05/2016

The firm gave a good rate and there was no pressure. Excellent service.

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“Professional available understanding ”

★★★★★

written by Edwards383 on 26/05/2016

To who it may concern. I recently used Foreign currency direct to transfer what amounted to most of my life savings from France to England, regrettably during this process my funds got lost for an 8 day period. To say that this was a stressful time is an understatement with a 7 month pregnant wife and 3 other children all moving into a new house and schools in a new country. The fact that nobody on the sending end of the transfer would even answer my calls didn’t help the stress levels to say the least, my blood pressure literally went through the roof ! One person who was there answering every phone call sometimes 3 times a day, with a very cool calm professional reply to my continual pestering, trying to find out where my money had disappeared to --------- . He could have very easily ignored my calls as I fully understand the situation was out of his control, being the receiving bank. But not once was he un – available in fact some days he even called me just to inform me there was no news ! For this my wife and myself thank him and your company for being available understanding and professional, during this highly frustrating situation. When the funds eventually arrived in the UK they were put into sterling and into my account within a working day

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“Great Customer Service !!”

★★★★★

written by aston1010 on 16/05/2016

I have only used FCD for a few months but have found the people I have dealt with to be very professional while giving great customer service. Trading rates seem to be good so far - as I do more trades of larger amounts I hope to benefit even more from further improved rates.

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“Could be better”

★★★☆☆

written by on 20/04/2016

These people are reasonable to use for forex transactions in most regards. I changed a six figure sum of GBP to USD. The transaction went smoothly and there was no charge but they took about a cent off of the Libor rate to cover their costs instead so it was a very long way from "commission and charges free" Also they will always tell you that "now" is a good time to trade when it often isn't. They called me several times when the £ was dropping and told me to trade before it got any lower. I ignored their advice, waited and chose the right time to make the trade when the £ was much higher. The best thing to do is set up an account, get an app that tracks exchange rates and choose when to trade yourself because their advice is often wrong.

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“Currency conversion”

★★★★★

written by on 05/04/2016

A very professional company, contacts, written and e-mailed information, comprehensive and accurate. Transfer of funds very prompt. I would not hesitate to recommend. My client advisor was excellent, I was allowed as much time as I required, to make any decision. I have no negative feedback.

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