Free International Money Transfers

Our offer to you:

• FREE money transfers above £200
• No deposit fees at your receiving bank
• Best exchange rates in the market
• No hidden costs
• Online 24/7 transfer system OR phone for a quote
• Simple online registration
• Safe and secure
• Regulated in the UK by HM Customs & Excise

To Illustrate the Effect of Transfer Fees on These Currency Examples, click on the flags below:

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The Impact of Transfer Fees - How They Affect Your Actual Exchange Rate Transfer fees have a direct affect on the effective exchange rate that you are quoted by other money transfer agents and banks. It is a cost that needs to be taken into account when receiving quotes from our competitors as it could very easily lower the actual rate at which your money is transferred. The table illustrates the effect transfer fees have on the actual exchange rate: Example. If you are quoted an exchange rate of R14.00 both by Claimtax and a competitor who is charging a £10 flat transfer fee on £500, then the rate you are actually receiving from that competitor is 28 cents lower than ours. With a transfer fee of £20, the rate is 56 cents lower! Claimtax Banks and Competitors Amount Quoted Rate Actual ZAR Received Transfer Cost Actual ZAR Received Competitors Actual Rate Your Rate Drops By £200 R14.0 R2,800 £10 R2,660 R13.30 70 cents £500 R14.0 R7,000 £10 R6,860 R13.72 28 cents £1000 R14.0 R14,000 £10 R13,860 R13.86 14 cents £200 R14.0 R2,800 £20 R2,520 R12.60 140 cents £500 R14.0 R7,000 £20 R6,720 R13.44 56 cents £1000 R14.0 R14,000 £20 R13,720 R13.72 28 cents It is also important to note settlement and deposit fees haven not been taken into account in the table above, and these can add up to a further R500 per transfer just to receive funds into your SA bank account. Transfer, deposit and settlement fees are hidden costs that neither banks nor our competitors will tell you about. The Impact of Transfer Fees - How They Affect Your Actual Exchange Rate Transfer fees have a direct affect on the effective exchange rate that you are quoted by other money transfer agents and banks. It is a cost that needs to be taken into account when receiving quotes from our competitors as it could very easily lower the actual rate at which your money is transferred. The table illustrates the effect transfer fees have on the actual exchange rate: Example. If you are quoted an exchange rate of $2.20 both by Claimtax and a competitor who is charging a £10 flat transfer fee on £500, then the rate you are actually receiving from that competitor is 4 cents lower than ours. With a transfer fee of £20, the rate is 9 cents lower! Claimtax Banks and Competitors Amount Quoted Rate Actual AUD Received Transfer Cost Actual AUD Received Competitors Actual Rate Your Rate Drops By £200 $2.2 $440 £10 $418 $2.09 11 cents £500 $2.2 $1,100 £10 $1,078 $2.16 4 cents £1000 $2.2 $2,200 £10 $2,178 $2.18 2 cents £200 $2.2 $440 £20 $396 $1.98 22 cents £500 $2.2 $1,100 £20 $1,056 $2.11 9 cents £1000 $2.2 $2,200 £20 $2,156 $2.16 4 cents It is also important to note settlement and deposit fees haven not been taken into account in the table above, and these can add up to a further $78 per transfer just to receive funds into your Australian bank account. Transfer, deposit and settlement fees are hidden costs that neither banks nor our competitors will tell you about. The Impact of Transfer Fees - How They Affect Your Actual Exchange Rate Transfer fees have a direct affect on the effective exchange rate that you are quoted by other money transfer agents and banks. It is a cost that needs to be taken into account when receiving quotes from our competitors as it could very easily lower the actual rate at which your money is transferred. The table illustrates the effect transfer fees have on the actual exchange rate: Example. If you are quoted an exchange rate of $1.80 both by Claimtax and a competitor who is charging a £10 flat transfer fee on £500, then the rate you are actually receiving from that competitor is 4 cents lower than ours. With a transfer fee of £20, the rate is 7 cents lower! Claimtax Banks and Competitors Amount Quoted Rate Actual CAD Received Transfer Cost Actual CAD Received Competitors Actual Rate Your Rate Drops By £200 $1.80 $360 £10 $342 $1.71 9 cents £500 $1.80 $900 £10 $882 $1.76 4 cents £1000 $1.80 $1,800 £10 $1,782 $1.78 2 cents £200 $1.80 $360 £20 $324 $1.62 18 cents £500 $1.80 $900 £20 $864 $1.73 7 cents £1000 $1.80 $1,800 £20 $1,764 $1.76 4 cents It is also important to note settlement and deposit fees haven not been taken into account in the table above, and these can add up to a further $64 per transfer just to receive funds into your Canadian bank account. Transfer, deposit and settlement fees are hidden costs that neither banks nor our competitors will tell you about. The Impact of Transfer Fees - How They Affect Your Actual Exchange Rate Transfer fees have a direct affect on the effective exchange rate that you are quoted by other money transfer agents and banks. It is a cost that needs to be taken into account when receiving quotes from our competitors as it could very easily lower the actual rate at which your money is transferred. The table illustrates the effect transfer fees have on the actual exchange rate: Example. If you are quoted an exchange rate of $2.80 both by Claimtax and a competitor who is charging a £10 flat transfer fee on £500, then the rate you are actually receiving from that competitor is 6 cents lower than ours. With a transfer fee of £20, the rate is 11 cents lower! Claimtax Banks and Competitors Amount Quoted Rate Actual NZD Received Transfer Cost Actual NZD Received Competitors Actual Rate Your Rate Drops By £200 $2.80 $560 £10 $532 $2.66 14 cents £500 $2.80 $1,400 £10 $1,372 $2.74 6 cents £1000 $2.80 $2,800 £10 $2,772 $2.77 3 cents £200 $2.80 $560 £20 $504 $2.52 28 cents £500 $2.80 $1,400 £20 $1,344 $2.69 11 cents £1000 $2.80 $2,800 £20 $2,744 $2.74 6 cents It is also important to note settlement and deposit fees haven not been taken into account in the table above, and these can add up to a further $100 per transfer just to receive funds into your NZ bank account. Transfer, deposit and settlement fees are hidden costs that neither banks nor our competitors will tell you about. The Impact of Transfer Fees - How They Affect Your Actual Exchange Rate Transfer fees have a direct affect on the effective exchange rate that you are quoted by other money transfer agents and banks. It is a cost that needs to be taken into account when receiving quotes from our competitors as it could very easily lower the actual rate at which your money is transferred. The table illustrates the effect transfer fees have on the actual exchange rate: Example. If you are quoted an exchange rate of zl 5.20 both by Claimtax and a competitor who is charging a £10 flat transfer fee on £500, then the rate you are actually receiving from that competitor is 10gr lower than ours. With a transfer fee of £20, the rate is 21gr lower! Claimtax Banks and Competitors Amount Quoted Rate Actual PLN Received Transfer Cost Actual PLN Received Competitors Actual Rate Your Rate Drops By £200 zl 5.20 zl 1,040 £10 zl 988 zl 4.94 26 grosze £500 zl 5.20 zl 2,600 £10 zl 2,548 zl 5.10 10 grosze £1000 zl 5.20 zl 5,200 £10 zl 5,148 zl 5.15 5 grosze £200 zl 5.20 zl 1,040 £20 zl 936 zl 4.68 52 grosze £500 zl 5.20 zl 2,600 £20 zl 2,496 zl 4.99 21 grosze £1000 zl 5.20 zl 5,200 £20 zl 5,096 zl 5.10 10 grosze It is also important to note settlement and deposit fees haven not been taken into account in the table above, and these can add up to a further zl 185 per transfer just to receive funds into your Polish bank account. Transfer, deposit and settlement fees are hidden costs that neither banks nor our competitors will tell you about.

*All money transfers will be processed through our joint servicing agreement with Exchange4free Ltd. Exchange4free are a specialist foreign exchange service business and with their experience and expertise they are able to offer Claimtax clients a professional money transfer service. Exchange4free is a registered money service business with HM Revenue & Customs. Exchange4free and Claimtax work closely together to ensure that your money transfer needs are met. Clients will be required to register and transact in the name of Exchange4free to keep inline with UK regulatory requirements.