- Current Searches
- UK to USA amount: 100000 GBP
- UK to France amount: 200 GBP
- Australia to New Zealand amount: 8000 AUD
- Current Searches
- UK to Israel amount: 25000 GBP
- Brazil to Mexico amount: 1000 BRL
- UK to New Zealand amount: 70000 GBP
- Current Searches
- UK to Hong Kong amount: 1000 GBP
- UK to Hong Kong amount: 40000 GBP
- USA to Mexico amount: 3000 USD
- Current Searches
- UK to India amount: 2000 GBP
- UK to Australia amount: 200000 GBP
- UK to USA amount: 75000 GBP
Overseas Salary Payments — Bonus and International Wages Transfer
Overseas Salary Payments
Related to Foreign Exchange
The following are extremely typical questions have been asked by thousands of our customers who are working overseas and need to make regular international money transfers. Often, your foreign exchange requirements fall into these two common scenarios:
- Q. I have been sent overseas by my UK/USA/CAN/NZ/AUS based company to work for 2 years. My employer will be paying my salary into my home country bank account. How can I then transfer my money earned to the country I am living at the best possible exchange rate?
- Q. I am currently working overseas. I am paid into my overseas bank account in the host country that I am living. How can I transfer these funds regularly back into my UK bank account without incurring the hefty fees and charges normally associated with an international money transfer?
Foreign Currency Transfers - Overseas Salary and Wage Conversion Payments.
Living and working overseas can present a complex array of problems and costs when attempting to transfer money overseas. Do you need to convert your USD, AUD, RMB, GBP, INR, NZD salary into another currency? International bank transfer fees can be expensive and mount up when making regular overseas payments for the purposes of salary conversion. For example, at £10-£30 per transaction these bank fees and associated charges can prove to erode the value of your international money transfers. Quite simply, doing 10 transfers over the course of a year at £20 per transfer can amount to £200 in fees - let alone the money a bank will make on their uncompetitive exchange rates. When converting a salary to GBP (for example) you will normally obtain a far better-than-bank exchange rate on your international money transfers by using a foreign currency specialist. In addition, you will not incur the hefty fees that are associated with transferring money overseas through a high street bank.
PLEASE NOTE: In addition to foreign currency transfers, you should also heed advice on your specific tax liabilities when earning money in a host country.
| Transfer Money to Spain - Compare the world's leading foreign exchange companies | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|
|
|||||||||||
| Provider | Transfer type | Fee | Speed | FCA | HMRC | Guide Rate | Amount received for 80000 GBP |
Trust Accounts | Transfer Options | Quote/Apply | |
 |
Bank to Bank Transfers | 0.00 GBP | 1 day |  |
|
1.1605 | € 92,840 EUR |  |
One Off Transfers Regular Payments Hedging Service FX Market Guidance Business FX Online Platform |
| |
| Moneycorp | Our Verdict: Perhaps one of the most well known and established foreign exchange companies. Moneycorp have been in the industry for over 30 years, they started dealing in foreign exchange in 1979. Pride themselves on bank beating rates and lowest fees around. With over 600 employees and 11bn GBP traded in currencies last year, your money transfers are in safe hands. Offices in the UK (London), Spain and USA (Florida). | ||||||||||
 |
Bank to Bank Transfers | 0.00 GBP | 1 day | |
|
1.1595 | € 92,760 EUR |  |
One Off Transfers Regular Payments Spot Transaction Forward Contracts |
| |
| Western Union Business Solutions | Our Verdict: A global leader in foreign exchange and a trusted international payments provider. Provide commercial exchange rates that are typically more competitive than the high street banks. No fees or commissions for larger transactions. HQ in London and operates in over 200 countries and territories (New York, Paris, Sydney, Toronto, Singapore, Hong Kong). More than 135 currencies available. | ||||||||||
 |
Bank to Bank Transfer | 0.00 GBP | 1 day | |
|
1.1585 | € 92,680 EUR | |
One Off Transfers Forward Contracts Online Dealing Telephone Dealing 24/7 Online Platform |
| |
| World First UK | Our Verdict: World First is the third largest and the fastest growing foreign exchange broker in the UK. Their ongoing commitment to giving clients the best exchange rate and the highest level of service has seen them become Service Business of the Year 2010. They are fully authorised by the FCA and also received the Queen's Award for Enterprise 2009. | ||||||||||
 |
Bank to Bank Transfers | 0.00 GBP | 1 day | |
|
1.1575 | € 92,600 EUR | |
One Off Transfers Regular Payments Forward Contracts Hedging Service Telephone Ordering |
| |
| International Foreign Exchange | Our Verdict: International Foreign Exchange, set up in 2005. A dynamic, reputable and highly acclaimed FCA authorised currency specialist based in Mayfair, Central London. IFX combine world-class trading systems with flexible and highly personal account management capabilities. Firm with a global reach that serves corporate and private clients both in the UK and Europe, USA, Asia and Australia. | ||||||||||
 |
Bank to Bank Transfers | 0.00 GBP | 1 day | |
|
1.1565 | € 92,520 EUR | |
One Off Transfers Regular Payments Spot Transaction Forward Contracts |
| |
| The FX Firm | Our Verdict: Leading FCA Authorised foreign exchange specialist with a global client base. HQ in the UK with offices in the UAE. Quote extremely competitive exchange rates that regularly beat the banks. A strong commitment to safety and security of funds, The FX Firm protect all client funds in segregated 'client money accounts', held with Barclays Bank PLC. | ||||||||||
 |
Bank to Bank Transfers | 0.00 GBP | 1 day | |
|
1.1555 | € 92,440 EUR | |
One Off Transfers Regular Payments Forward Contracts Order to Call/Buy Telephone Ordering |
| |
| Smart Currency Exchange | Our Verdict: A well established firm set up in 2004, servicing clients globally. Smart can save you money on foreign exchange. Interestingly, their big USP is that Smart are one of the only UK based FX brokers that doesn't pay traders commission. This allows Smart employees to deliver superior customer service. Whether sending money from London, New York, Sydney, Paris or elsewhere, Smart will save you money. | ||||||||||
 |
Bank to Bank Transfers | 0.00 GBP | 1 day | |
|
1.1545 | € 92,360 EUR | |
One Off Transfers Forward Contracts Online Dealing Telephone Dealing 24/7 Online Platform |
| |
| UKForex | Our Verdict: UKForex has a market leading online foreign exchange platform. It is incredibly easy to send money abroad using UKForex, wherever you are. The USP is a 24 hour online platform and access to telephone dealers. In addition, they provide for telephone service that enables individuals and businesses to make and receive overseas foreign currency payments over the phone at highly competitive exchange rates. | ||||||||||
NOTE: The prices displayed above are an 'exchange rate guide' and for indicative purposes only. It may not be the exact final dealing rate that you receive when making an international payment. Exchange rates constantly change throughout the day and can change at the time of booking a trade. They are based on an average margin currency specialists generally will take - added to a near live interbank rate for your specified trade size. Rates can only be guaranteed at the point where a purchase of foreign currency is conducted either online or by telephone. To access a final dealing rate (otherwise you will only be quoted an 'indicative rate') you will need to open a free account with a foreign currency specialist above.
Click Quote / Apply on the provider best suited to your foreign exchange requirements.
What the press are saying…
