Barclays Funds Transfer

I run a small charity operating in Uganda. We use a Barclays bank account here in the UK and also a Barclays account in Uganda - we specifically chose Barclays for our business account because they have branches in Uganda, we thought this would make the whole money transfer process easy - how wrong we were. Every time we transfer money to Uganda we have problems - mainly to do with branch staff not knowing what they are doing or how to set-up an international transfer to Uganda! We have reached the end of our tether, and will no longer use them for transfers. One word to sum up the whole process and the customer service: RUBBISH.

yet again - a euro transfer that is 4+ cents poorer than Travelex, Post Office, Tesco, etc AND an unexpected £19 fee charged as well. So either 1.06 to GBP or !.053 incl their commission. Last time I use them

Althought transaction was very quick the exchange rate I got was outragous. GBP/EUR was at transaction date in a range between 1.0814-1.0996. I got 1.0463.

My complaint was answered after 3 months and only because I have resend my complaint every single week since then.

Barclays insists that their exchange rate is correct! Next time I will use paypal. Even their additional 2.5 % fee is cheaper than Barclays.

The exchange rate that was applied to my transfer (Eur->Gbp) was extortionate!

Barclays Online Money Transfer is a long awaited service which is now there. I am sure they shall continue to improve upon it and launch more services like this one. Excellent FX rates. One day transfers. Email Updated. Only drawback is maximum of £3,000 limit.

I have compared a lot of service providers, who are online, and found Barclays online money transfer to be the most efficient, cheap and value for money.

What I did was basically, send money via two operators on the same day and same time. What I got was Barclays Online Transfers credited the Indian account in a single day!! (and the difference was of INR3000) vs. 4 days with the other operator and with a significant loss in the destination amount.

I have used this Barclays Funds Transfer service several times and i have never had any problems, 4 days after money left my account it can be withdrawn abroad.The £28 commission is expensive if only small amount are sent but you do get a higher exchange rate than the tourist rate.