Opening a Trading Account with Moneycorp
Opening a Trading Facility with Moneycorp is very straightforward, free of charge and places you under no obligation to trade. Once your facility is open, you can benefit from the following:
- The most competitive exchange rates available, making your money go further.
- A dedicated foreign exchange expert to guide you.
- Fixed exchange rates for up to two years, protecting you from adverse currency movements and allowing you to lock into favourable exchange rates.
- No commission charges.
- Fast and seamless international money transfers.
- A 24-hour monitoring service enabling you to trade at the most advantageous rate of exchange.
- Extended office hours from 7:30am to 10:30pm Monday to Friday and 10:00am to 4:00pm Saturday.
- Regular Payment Plan (RPP) for regular overseas transfers (such as mortgage or pension payments) by Direct Debit.
In order to establish a Trading Facility with Moneycorp you must:
- Complete a Private Client Trading Agreement.
- Provide the necessary forms of identification as outlined in the Agreement.
- Sign and date the Agreement.
- Send all signed and completed documentation back to Moneycorp.
For more information on Moneycorp here are their details at a glance:
• Company incorporated in 1962
• Dealing in foreign exchange since 1979
• Providing a comprehensive foreign exchange service:
• Retail - with branches at Gatwick and Stansted airports and
throughout Central London
• Wholesale - with a banknote dealing room and a Central London
distribution centre
• Commercial Foreign Exchange - with offices in the UK, USA, UAE,
Spain and Australia
• Serving in excess of 2.5 million customers a year
• Trading over $15 billion per annum in currencies
• Over 500 dedicated employees
• Average income growth in excess of 20% per annum since 1979
• ISO 9000 Quality Assurance accreditation since 1996
• The Royal Bank of Scotland (RBS) is a significant shareholder
in the Group
• Substantial client list including many blue-chip companies and
organizations
• PricewaterhouseCoopers our auditors since 1987
• Audited accounts and financial statements published within three
months of year-end
• Main bankers: RBS, HSBC and Barclays
• Top rating by Dun and Bradstreet, Graydon and other credit agencies
• Licensed Money Service Business and authorized and regulated by
the FSA for non-investment insurance mediation
• Independent private company with an established reputation, focused
on long-term customer satisfaction rather than short-term gains