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Currencies Direct reviews

Good
8.9 out of 10

155 Trustpilot review(s)
Most recent review
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  • Reviews (155)
Currencies Direct

Review by confirmed purchaser

A COMPLETELY STRESS FREE EXPERIENCE

My contact was extremely friendly and helpful and explained everything very clearly. The transaction took place quickly and with absolutely no problems and the money was in my Bank within a few days, with no commission charged. Brilliant. Will use them again definitely.

Currencies Direct
Currencies Direct

Review by confirmed purchaser

Best financial transfer specialist I've used.

I researched international transfer organisations many years ago, and decided to go with CD. I never had cause to regret it.

I have used other big names, one in particular "lost" an £11,000 transfer and caused a horrendous mess, later admitting they had accidentally sent it to one of their own UK holding accounts where it was 'invisible'.

CD still offer the best rates according to my own comparative research recently.

Currencies Direct

Review by confirmed purchaser

Bad - No stars!

I have written to you and am still awaiting a reply! This was 3/3/13!!

Reply from Currencies Direct

Dear Leonard,

Thank you for taking the time to review our services and we are sorry to hear that your experience did not meet the standard you come to expect from us. We apologise that you are still awaiting a response as you should have received one by now.

Please contact us review@currenciesdirect.com quoting your customer number and a member of our team will be happy to assist you.

Kind regards,
The Currencies Direct Team
Currencies Direct

Review by confirmed purchaser

Extremely Good Service

I wanted to transfer funds abroad as a gift and surfed the internet for a company that would provide a good price for my funds. Currency direct were quick to respond, gave a very competitive much better than high street rate, and were very quick to respond. The process is simple and the staff are very professional. Would use them again.

Currencies Direct

Review by confirmed purchaser

Great customer service

Smooth and seamless transactions at a good rate. Made our exchange less painful in a falling market.

Currencies Direct

Review by confirmed purchaser

A toataly unprofesional and chaotic organisation .

No point giving any further views , since so many previous mails remained unanswered .

Hard to believe how you can still function !!!

Reply from Currencies Direct

Dear Mr Ten Houten

The service we offer to our customers is our number one priority and it does concern us that on this occasion, the level of customer service you received did not meet the high standards you expected. We do have a number of satisfied customers and we are confident that if you do choose to use us again, you will be among them.

In the meantime, if you do wish to discuss your concerns further, please contact us on review@currenciesdirect.com and a member of staff will be more than happy to assist you.

Kind regards,
The Currencies Direct Team
Currencies Direct

Review by confirmed purchaser

Best way to send money from one country to another.

I have experienced the services of Currencies Direct, and quite honestly I had reservations at first, and did not think it would be as efficient as that. Not only was the service impeccable, but quick, painless, and allowed us to benefit from the best rates. We will use Currencies direct every time we need to send money and will recommend it to all our friends and clients. I strongly believe that when a service is done well, people should know about it and this is why I am happy to answer this survey.

Currencies Direct

Review by confirmed purchaser

An excellent company to deal with !

Alexander, at the Marbella Office was very helpful and kept me informed throughout the exchange process by e mail and telephone. My deal was concluded quickly and efficiently. This was my first time to use Currencies Direct and I would not hesitate to recommend them to a friend.

Currencies Direct

Review by confirmed purchaser

Simplistic

Our experience with Currencies Direct was of simplicity right from the start and getting our money back to the UK was so easy and hassle free - thanks go to Virginia Bragg for her very proffesional dealings with us - just a shame we fixed the rate a bit too soon - but hey there that`s life!!

Currencies Direct

Review by confirmed purchaser

No Hassle whatsoever!

I have recently used Currencies Direct to transfer money from Spain back to England after the sale of my house in Spain. It was done very quickly and without hassle and I would certainly recommend Currencies Direct to anyone.

Currencies Direct

Review by confirmed purchaser

SEX!!!!!!!!!!!!!!!!!!!!!!!! Now I have your attention Excellent.

Never any problems. Last year a member of staff actually alerted us that a considerable sum of money was sent from my wifes UK bank and appeared unexpectedly at Currencies Direct, On checking with the bank we were told it had been sent in error and they did,nt have a clue who sent it or why! I dread what would have happened if it had been sent to certain other companies ie utilities etc. The bank did admit liabilty and compensated her for the upset caused. I think the word "ombudsman" had some effect on that decision. Currencies Direct who we use regularly "do what they say on the tin"

Currencies Direct

Review by confirmed purchaser

Mojacar office fantastic especially Michelle

Very helpful abroad in getting your money not so sure about the dealers this end.
My dealer was away and I was not so sure of the other one that actual gave me the rate of exchange.

Currencies Direct

Review by confirmed purchaser

DOES JUST WHAT IT SAYS ON THE TIN !!!!!!

Quick, easy and no fuss currency exchange. I can watch the rate and when it is favourable I can transfer currency to my French account almost immediately. No forms or faxes needed, just quick on-line transfers.

Currencies Direct

Review by confirmed purchaser

Rather slow, but meaningfull.

Not to bad, but they was off with their timing about the transfer from one bank to another.
They said the transfer was complete, but it took another two days to find my money in the account.(another wasted journey to the bank)Rather

Reply from Currencies Direct

Dear Robert,

Thank you for taking the time out to review our services. We are sorry to hear that your transaction took longer to complete than you hoped.

Currencies Direct always strive to have your payments in your beneficiary account as quickly as possible and whilst we do send your payments promptly, sometimes the payment may take longer than anticipated to show up in your beneficiary account. This could be for many reasons which are out of Currencies Direct’s control. We understand this can be frustrating and we can only apologise for the delay you encountered in receiving your funds. If you would like to discuss in more detail the reasons for your delay in receiving your funds, please contact us at review@currenciesdirect.com where a member of our team will be happy to help.
Currencies Direct

Review by confirmed purchaser

Successful transaction

I was initially confused by the UK Rep telling me that there will be lots of security issues for sending money to Africa and will have to produce loads of docs. However, during my later call, a representative from their offshore location (India) proved to be very knowledgeable and helpful. He not only clarified everything, but also found out from their dealing branch if they would use any Intermediaries. I had the details of my own Intermediary Account, but no one was sure what their charges would be. He then confirmed that no Intermediaries would be used and so left my Intermediary details blank. In the end, it reached the destination within 2 working days and without any Intermediary Charges. Very satisfied.

Currencies Direct

Review by confirmed purchaser

Good rate, efficient service, no hidden charges, I used the on-line service.

I joined on a recommendation from a friend. As soon as I registered I received a telephone call from a dealer who was very helpful and explained the whole service. I also received emails and a letter explaining everything. I have just experimented with a small amount (£400 into Euros) transferred to a bank account in Spain. I used the on-line service and paid by debit card. I got the current market exchange rate and there were no hidden charges. It took about 3 days from requesting on-line to the money appearing in my Spanish bank account, this is the standard delay for any international transfer, nothing to do with Currencies Direct. I will now use them for all my Euro business. I would recommend Currencies Direct to anyone wanting to buy currencies on a regular basis.

Currencies Direct

Review by confirmed purchaser

just efficient and professional, what more can one ask for?

Living abroad (in the Greek badlands) being able to move money online from England with the minimum bother is a Godsend.
In the past CD has gone out out of its way to help, well done all the staff who make it happen.

Currencies Direct

Review by confirmed purchaser

Very good service.

I recommend CD to anyone in need of an international money exchange / transfer.

Currencies Direct

Review by confirmed purchaser

Quick efficient service.

Very happy with the service.

Currencies Direct

Review by confirmed purchaser

Easy process, cordial staff, prompt problem free execution. Brilliant!

Easy process, cordial staff, prompt problem free execution. Brilliant!

Currencies Direct

Review by confirmed purchaser

Average service from a company showing poor regard for customers in a competitive marketplace.

I buy my currency using I-pay fx, so have some control of when to buy. The rates you give with respect to the interbank fates could be slightly better, but then I have to think why should you be kind to a customer when you have the power to be greedy! The I-pay fx website is tricky and cumbersome to use and does not allow me to delete redundant recipients. I have zero confidence in the financial business world in UK-----banks and financial companies and institutions have zero respect for the average man on the street. Currencies Direct falls in to that niche and it is unfortunate that I have no other option but to use it or a similar company. I am insulted that you ask for my opinion ------ as if you will take any notice or change your habits.

Reply from Currencies Direct

Hello Leslie,

We’re very sorry to hear your experience of iPayFX has fallen short of your expectations. Though we can’t support deletions of past recipients (there is historic activity attached to them that you may not want to lose), perhaps we could change the way we display the beneficiaries to make it easier for you to select active beneficiaries.

Thanks for making the time to share your thoughts, it’s actually perfect timing, as we’re about to embark on an extensive program of change with the aim of matching the exceptional level of service we already provide over the phone with our online toolkit.

To ensure we make the product the best it can be for our users, we're conducting in-depth user testing and I’d like to invite you to participate – please get in touch if you’d like to be involved so that we can incorporate your feedback into our program.

Contact details are as follows:
Email – review@currenciesdirect.com

Many thanks,
Katy Male
Product Manager
Currencies Direct
Currencies Direct

Review by confirmed purchaser

Efficient Service - no hassles!

Ideal solution for regular or occasional currency transfers. Online system to do transactions when you want to do them or maybe just check rates.

Currencies Direct

Review by confirmed purchaser

Super super super service

Excellent service....faultless

Currencies Direct

Review by confirmed purchaser

Outstanding Service both from a personal and transfer system point of view.

Currency Direct really delivers what they say 'is on the box'.

A personal service from the Customer Account personnel that ensures that you know exactly your options when converting currency and good advice as to what is best for you.

A computerised service (backed up by specialists) that ensure any transfer of funds from one currency to another and one bank to another, is managed in a very secure manner and undertaken swiftly.

Currency Direct really does deliver what it promise to do.

Currencies Direct

Review by confirmed purchaser

Friendly, efficient and informative.

What more can I say but that I got all the info when I needed it and got my trnafer done swiftly. A very friendly patient team that makes you want to continue using their services. It really does make a difference to have good service. Thank you.

Currencies Direct

Review by confirmed purchaser

Easy and faultless transaction

I was worried about transferring a large sum on line to persons unknown to me so I did a fair amount of review searching before using this service and knowing that they have an agent who lives not far away from me was comforting too. The whole process was easy, friendly and fast. The exchange rate was much better than that offered by my bank so it gained me a good sum of money too.

Currencies Direct

Review by confirmed purchaser

Hard to use

I know we all have to move to using the internet for everything, but when each login requires different user names and passwords and then also needs to be changed regularly - how can we possibly remember it all. This also asks the most stupid questions that I'm sure I never gave the answers to!! Very hard to get into - not too bad once you are in there. I would prefer to email or ring - but not at the prices they want.

Reply from Currencies Direct

Hello Joanna,

Thanks for taking the time to feedback about your experience with our online tools.
We’re sorry to hear that the security checks on our platform have made it so hard to use the service. Fortunately, we’re currently embarking on an extensive program of change with the aim of matching the excellent service we already provide over the phone with our online toolkit.

It would be very helpful to us to find out more from you about how we can improve our registration and login processes so we can incorporate your feedback into our program.

We'll soon be conducting in-depth user testing and I’d like to invite you to please get in touch to participate

contact details are as follows:
Email – review@currenciesdirect.com

Many thanks,
Katy Male
Product Manager
Currencies Direct
Currencies Direct

Review by confirmed purchaser

Watch out for intermediary banks!

I recently used currencies direct and found that overall the process was very good but one problem encountered was the use of an intermediary bank. I was transferring money from the UK to Thailand and the funds were sent via Bangkok Bank (which is not my bank) and they deducted about GBP25 in fees during the process.

In fairness to Currencies Direct, when I made a complaint about this they immediately refunded the fees, but in future I would want to know if an intermediary bank was being used to avoid this complication.

Reply from Currencies Direct

Dear Craig,

Thank you for taking the time out to review our services. We are sorry to hear that you encountered some issues with us. We have to use intermediary banks to ensure that it reaches your beneficiary account as soon as possible. Unfortunately, some of the intermediary banks we go through charge additional fees called agent bank charges. The reason you get charged is because not all banks have agreements in place and this means as your payment moves through the system, there is a slight chance the intermediary bank will charge for transferring the funds. These charges are deducted from your payment and this is what happened in your case.

Currencies Direct do not charge you for making your payment, however unfortunately we cannot control intermediary banks or prevent them from levying charges. We understand this can be frustrating and we can only apologise for not making this clearer to you. We have taken your comments on board as we look to continuously improve our processes. If you would like to discuss this further, please contact us by email at review@currenciesdirect.com and a member of our team will be happy to help.
Currencies Direct

Review by confirmed purchaser

As good as it gets

I have been using Currency Direct for 8 years without a hitch or a concern. They provided a fast efficient currency exchange service, with constant updates of where the process is, throughout the purchase of our villa in Spain and saved us a considerable amount over Spanish bank charges when we sold and returned to the UK. I would not hesitate to recommend them for a worry free exchange experience. A special mention for the personnel in the Mojacar office.

Currencies Direct

Review by confirmed purchaser

Straightforward transaction. Simple!

Nothing to report. Everything was very straightforward and went exactly as they had promised.
No delays, no hiccoughs, the money went when it was supposed to the where it was supposed without a hitch and very rapidly.
Simple!

Currencies Direct

Review by confirmed purchaser

EASY TO USE, VERY EFFICIENT .

I used CD to exchange funds from sale of property in France that were sitting in my French bank account, back to sterling into my UK account . was easy to register on line, had a personal adviser, explained everything to me through each stage and transaction... All felt very safe and secure.
CD held my funds until my adviser contacted me by telephone when the rate was better and advised to exchange funds that day ........was so easy.Saved me on banking costs had I gone through the ordinary bank in France, and I got a much better exchange rate .

Currencies Direct

Review by confirmed purchaser

first class service

Have been with currencies direct for 2 years and found them to be totally professional in all of there dealings with me. the advise given is first class the help they give is the same. You receive your email within an hour of any transaction and to do it all over the phone is a total bonus as I live 50 mins drive from mojacar.

Your Faithfully
R R Phillips

Currencies Direct

Review by confirmed purchaser

Does what it says on the can

I wasn't very sure what to expect, but the staff were very friendly and talked me through the very easy proceedure. Everything went very smoothly and quickly. I will use them again and would recommend them to anyone.

Currencies Direct

Review by confirmed purchaser

We were in need and you were our answer

The help we received from Naomi Jones and the Staff were just excellent, we had various problems and we could not have received better help and advice from any where else.

So once again thank you all.

Currencies Direct

Review by confirmed purchaser

An excellent service

I have been a customer of CD since 2006. Having spent many years in the City I was not prepared just to respond to a newspaper advertisement (not that I had seen one for CD at that time). I went into the office in Moorgate was impressed with what I saw and opened an account.

CD have access to my UK bank and make monthly transfers on my behalf; if I need additional funds I telephone and the money is there in three days.

A first class organisation

Currencies Direct

Review by confirmed purchaser

An excellent service

The service is excellent and any issues I have had - allways my fault, have been handled immediately. I would, and have, recommend them to anybody - except people I don't like :)

Currencies Direct

Review by confirmed purchaser

By far the most efficient means of moving money around...

Being an expat Brit in France, I spent some time buying cash from the best sources in the UK and carrying it around. With banks charging heavy commissions and not offering the best of rates, we often would use the Post Office or the Co-op Travel but the snag always was having to be in the UK to do it, not to mention the obvious risks.

After trawling around for a more secure method on the internet, I found Currencies Direct and thus far have not seen any other option to beat it - my UK bank releases the funds at no cost, my French bank does likewise, and CD does the rest, as well as paying the best conversion rate by some distance. All that and I can do it from my armchair at midnight in France and see my Euros just a few days later.

Sante!

Currencies Direct

Review by confirmed purchaser

Excellent, professional company no complaints

They are brilliant, immediate transfers no problems, had to speak to them once when I had made a mistake and they sorted it out for me straight away, very efficient.

Currencies Direct

Review by confirmed purchaser

Efficient operation

Great to be able to deal online but not sure the rates are always so keen.