Currency Index Review

Fees: Currency Index is in business to serve companies and individuals who are transferring large amounts of funds internationally. For transfers lower than £30,000, there is usually a £12 fee, discounted to £7 for Eurozone SEPA payments, and proof of payment is also available at request for £8. These are perhaps above average for private clients but given Currency Index make fewer payments each day than their larger competitors it’s likely they will incur higher payment fees themselves with the banks.Exchange Rates: For transfers under £50,000 there’s no fixed margin in place. Like with most companies, it would depend how much you transfer and for which currencies.Currency Index may not be the best solution for clients looking to regularly make transfers under £50,000. For large transfers above that mark, using our registration link, you will be entitled to a fixed rate of 0.495%, the cheapest in the market. Even cheaper than competitors like TransferWise which don’t offer dedicated dealers or hedging services. That applies for all currency pairings, and means savings of as much as 95% in some cases.For large transfers above that mark, using our registration link, you will be entitled to a fixed rate of 0.495%, the cheapest in the market. Cheapest than even competitors like TransferWise which don’t offer dedicated dealers, or hedging services. That applies for all currency pairings, and means saving of as much as 95% in some cases.Limits: There are no specified limits for Currency Index transfers. Our special deal with them makes transfers very affordable.Additionally, here’s information the company gave us about how they handle European payments and save money to clients.

A free transfer for all sizes, and a fixed low exchange rate for all large transfers? That deserves a near perfect score.