About The Guardian
In Britain, the Guardian is known as one of the very few newspapers that do not exercise right-wing bias. Whether or not it demonstrates left-wing bias though doesn’t interfere much with its hugely impressive reputation as being an informative newspaper (it is deemed the most trustworthy newspaper in the UK).
The Guardian was founded in 1821, almost 200 years ago, and was a broadsheet newspaper throughout that time up until 2005. With its profits being reinvested into journalism as opposed to dividends for shareholders, the Guardian upholds a lot of values and journalistic reputability.
The Guardian has a daily circulation of around 130,000. With print journalism declining, its website has picked up in popularity. They have been penetrating other forms of media too, such as podcasts, to further distribute content and news.
Guardian Money Transfer – Screenshot from the Guardian website
The Guardian Money Transfer service
Guardian money has a similar pitch to others, like CNN Money Transfer. Guardian claims that they offer rates that are typically 3-4% better than that of a high street bank. They then go on to state that there are no fees with online transfers, compared to banks charging £20 to £40 for an overseas transfer.
It then comes as no surprise why their pitch is similar, as both are being operated by MoneyCorp. The Guardian Money Transfer is one of many white label remittance services that MoneyCorp is orchestrating.
As the Guardian Money Transfer review on the site states, MoneyCorps has a 96% satisfactory rating on Feefo, and they are wholly responsible for this service. In fact, when signing up on the Guardian’s website, you will simply be redirected to MoneyCorp instead.
About the Service Provider – MoneyCorp
So, the real review starts here. The Guardian is a great company, but really they have nothing to do with this service. The good news is that the customer is in a very safe pair of hands. MoneyCorp is an industry veteran and has extremely good reviews.
MoneyCorp has transfer speeds of around 3 to 5 days but has no maximum limit (as you may have guessed, this service is aimed at single, large transfers as opposed to ad hoc, frequent ones like Revolut). There are 36 supported currencies, and the exchange spread is not stated. There are reports of it being around 1.1% higher than the mid-market rate, but this likely fluctuates a little itself.
Should I use the Guardian Money Transfer?
In our opinion, the Guardian Money Transfer Service is legitimate and harmless. The newspaper itself is reputable and trusted by the masses, though this is beside the point. The actual service, which is conducted by MoneyCorp, is one of the top-rated companies on Money Transfer Comparison. Singing up directly to MoneyCorp would perhaps make more sense, though, and may even result in a better service.