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“Money purchased is what is deposited. No hidden charges”

Written on: 27/03/2013 by quiver09 (1 review written)

I send funds regularly to Canada. On previous occasions I used the high street banks, but their rates were always low and the amount purchased was never the amount that was deposited. It was always less. This was because they used intermediary banks to send the funds and each bank would take their cut- even though it was a wired currency transfer in the funds of that country (so no fx conversion required) – These were hidden charges that you are never told about.

With Travelex International Payments- It was the easiest and quickest way to send money. Best of all the currency that you buy is what will gets deposited at the other end- There are no hidden bank charges, and they do not use any intermediate banks. The money is sent from a Canadian Bank- so no extra charges.
The FX rates are slight lower compared to the companies like Opt-FX, but then there are no other hidden charges. Will definitely be using them again.

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