Compare money transfers for business

Compare money transfer deals for corporate customers and find the cheapest international payments for businesses that send money abroad.

  • See charges and fees at a glance
  • Move your money safely and securely
  • Compare exchange rates from industry-leading companies

Compare money transfer rates from leading providers

Our data experts check each company before we add them to our comparisons, so you can be sure that you only see results from genuine firms.

Torfx
XE
moneycorp
curencies direct

How to transfer money for businesses

1

Get a quote

Use the table below to explore and compare our best money transfer rates to find the account that’s right for you.

2

Open an account

Open an account with your chosen company in under five minutes by entering a few personal details, such as name and address.

3

Make a transfer

Enter the destination account and the amount of money you want to transfer, then let the company do the rest.

Money transfer rates for businesses

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What makes a business money transfer different?

There are plenty of ways to send money overseas, but corporate international transfers tend to offer more flexibility.

Your options for business transfers include:

  • Spot contract: you  make the transfer immediately after being told the exchange rate

  • Forward contract: you fix an exchange rate now but transfer the funds at a later date

  • Limit order: you choose the exchange rate you want, and the transfer company agrees to send your money if it’s met

  • Stop loss: You agree to make a transfer at a future date, but instruct the transfer company to send your money earlier if the exchange rate falls below a value that you set

Learn more about why you should use a money transfer service

How to find the best money transfer for businesses

There are two main aspects of corporate money transfers to consider:

  • The exchange rate: this is the amount of foreign currency you get for your pound sterling. For example, transferring pounds to euros at a rate of 1.12 gives you €1.12 for each pound you send. Note that most transfer companies don’t share their exchange rates online, so you’ll need to apply for a personalised quote to find out what rates they they are willing to offer your business

  • Any transfer fees: most transfer companies do not directly charge fees, preferring to build their operating costs into the exchange rate. Those who do impose a fee, usually charge less than your bank or building society would for an overseas transfer

The best money transfer deal for your business will be the one that lets you send your money abroad in the way you choose for the lowest cost. Get as many quotes as you can and compare service levels to find the package that suits your needs at the best price.

How to get quotes

To get a quote, visit each company's website and give it the details of your planned transfer, including:

  • the currency you’re transferring to

  • how much you want to transfer, either in pounds or in the foreign currency

You’ll also usually need to provide your corporate email address so the transfer company can send you a quote.

Here’s more information on how international money transfers work

Money transfer for businesses FAQs

About our money transfers for business comparison

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What is an international money transfer?

Transferring your money from the UK to another country can be done in many ways, not just through your bank. Here is how international money transfers work.

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Why compare money transfers with money.co.uk?

Comparing money transfers could help you save money. Our award-winning money transfer comparison service makes sure you get our best exchange rate with the lowest fees. Our aim is to provide you with the most up-to-date information, as well as useful tools and calculators to help you make life's most important decisions and take control of your money.

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We have always aimed to provide the best possible services to bridge the gap between our users and our clients. Over the years, we have been thrilled to be recognised by various prestigious bodies and organisations for those efforts.

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Last updated: 24 May 2022