CURRENCIES DIRECT

Overview

Typical transfer range: >£5k

Foreign Exchange Spread: 0.2-1%

FSA regulated?: Yes

24 hour availability?: Mon- Fri 8am-7pm

Geographical presence: Yes

ID Required?:

Can the account be opened instantly?: Yes

Dedicated account manager?: Yes

Minimum Transfer (£): £150

Additional Information: -

Transaction Fee: £0

Additional Information:

Free transfer over £ 5000
£15 fee for transfers below £5k
There is some flexibility on the fees for transactions under £5k, however this is on a case by case basis

Transfer time for major ccy's: Same day

Transfer time for minor ccy's: up to 5 days

Transfer method:

Account holding bank: HSBC

Regular Payments: Yes

Stop Loss Orders: No

Spot Contracts: Yes

Foreign Exchange Contracts: Yes

Limit Orders: Yes

Other: Time Option

Currencies: 47

BACS: Yes

Cheque: Yes

Electronic bank transfer: Yes

CHAPS: Yes

Cash: NO

Credit / debit card: Debit card

Other: No

Telephone: Yes

Internet: Yes

Fax: No

Other: -

On occasion, the dealing team can offer additional currencies