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Moneycorp Review

Ratings
Speed of Service
Reliability
Value for Money
Customer Service
Overall

Basic Information

When it comes to foreign exchange services in the UK, Moneycorp is one of the biggest names around. They have been around since 1962 providing high quality service to individuals and businesses alike. Last year, they served over 2.5 million customers and traded over 10.5 billion pounds worth of currency – no one else even comes close. They have over 600 employees who are ready to help you with whatever you need – their service really can’t be beat.

Spreads/Commissions/Fees

Since Moneycorp is such a large company, they can offer some of the lowest fees around with competitive spreads to match. While there are a few other firms that may be able to offer you lower fees overall, when it comes to the level of service that Moneycorp provides, the small added cost is well worth it. When you consider the ultra low rates they are able to offer, you will see that when you factor in the added fees, they are pretty much on par with everyone else when all is said and done.

Customer Service

The customer service team at Moneycorp is easy to get in touch with. They are a very large business, so they have quite a few different people who you can call at quite a few different offices. When you do talk to someone, you will be confident that you are getting the best answer to your question with minimal hassle – that’s the way Moneycorp works. If you ask around, you will see that no one really has anything bad to say about Moneycorp.

Ease Of Use

It doesn’t matter if you choose to make your transaction over the phone or with the help of Moneycorp GPS – the whole process is very easy. Most people can sue Moneycorp GPS all by themselves without any help or even reading the instructions – the whole process is that simple. If you do have any issues, though, a customer support rep is just a phone call away, ready to offer any assistance you need. It doesn’t get much easier than dealing with Moneycorp.


Final Verdict

It is really hard to find something wrong to mention about Moneycorp – they just seem to have all their bases covered. They beat almost every banks rates, they charge very low fees and they have served almost 3 million customers – they must be doing something right. If you need to exchange some money, Moneycorp is the first place you should look!

How Do I Get Started Using Moneycorp?

Opening an account with Moneycorp is very easy. There are just a few online forms that you need to fill out and that’s it. You can exchange and transfer money online through their easy to use platform or by phone. If you just need a foreign currency for a vacation or another purpose, you can just buy your currency online and it will be delivered to your home. It really is that simple! There is no other currency conversion solution that is more suitable for your needs than Moneycorp.