Should I use CityAM Money Transfers?
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CityAM International Money Transfer Review: Executive Summary
CityAM International Money Transfer was a white-label setup with moneycorp, one of the best money transfer services in the UK. The service is now discontinued so you are welcomed to check alternatives
Where is CityAM Money Transfers Available?
About CityAM
CityAM is a free newspaper that is distributed around London. It’s daily distribution figures are at almost 86,000. The newspaper is on the topic of business and was founded in 2005. Whilst it has declining numbers, the newspaper is still fairly established in London, most likely because it’s free and the editor upon launching used to work for the Sunday Times.
The libertarian free paper also launched a website in their 2014 digital expansion. By the end of 2014, their website traffic had grown by a factor of three. By the end of 2014, they had released their CityAM Money Transfer service, and with them being the first online news site to block AdBlock, their eye for digital monetisation was fierce.
CityAM Money Transfer – Screenshot from the CityAM website
The CityAM Money Transfer service
CityAM money transfers was a white-label partnership with moneycorp, a leader in international fx payments and one of the foremost currency brokers in UK, which has expanded and is still expanding able to serve customers from Canada and USA on top of UK, EU, and UAE.
Like many other mainstream media, CityAM was looking for a way to optimize its revenue generation and offering a foreign currency exchange is definitely a way other media have opted for as well. Since it’s 100% managed-by-third-party type of setup, it does not incur any heavy lifting from the partner side — just offering his already existing audience to use that service.
Other mainstream media mostly in the UK have had, or still have, a similar setup:
All White Label Setups in the Money Transfer Industry
- Virgin International Payments service was operated by WorldFirst, but is now operated independently.
- The Telegraph Money Transfer service is operated by Moneycorp.
- Guardian Money Transfers which is also provided by Moneycorp.
- CityAM Money Transfer is also provided by Moneycorp.
- CNN Money Transfer which was also provided by Moneycorp, but is now discontinued.
- Post Office International Transfers is operated by Western Union.
CityAM Money Transfers has shut down… what are my alternatives?
These are the best rated alternatives we are able to offer currently for those looking for a service similar to what CityAM International Money Transfer service was offering:
- Min Transfer: £/€/$ 100
- Currencies Supported: 39
- Offices : UK, EU, USA, India, South Africa.
- Our Rating : 97.8%
- Most Global Offices and Reach
No Fees from Anywhere and Competitive Rates
96% Client Satisfaction
- Min Transfer: £/€ 100
- Currencies Supported: 40
- Offices : UK, EU, Singapore, and Australia.
- Our Rating : 93.4%
- High Quality Bespoke Service
MoneyFact's Best Provider Award
Over 100 Years of FX Experience Across Its Trading Desk
- Min Transfer: £/€/$ 50
- Currencies Supported: 120
- Offices : UK, EU, USA, HK, and UAE.
- Our Rating : 92.8%
- Business Oriented, Many High Profile Business Customers
Industry Veteran since 1979
Diverse Hedging Options and Excellent Guidance