A. We guarantee to quote you a
better exchange rate
than your bank. Savings can vary but are often as high
as 4% of the amount being transferred. For example, a
client transferring £100,000
Pounds to Euros was recently
quoted 1.45 by their bank and thus would have received
€145,000. We quoted 1.48 and paid them €148,000.
IMS Foreign Exchange saved them another €3,000.00.
Please Contact Us to compare your Bank's
Exchange Rate with our
A. No, we never charge commission and there are no
other hidden fees or account charges.
IMS Foreign Exchange is able to offer excellent
currency exchange rates to its clients; we achieve this
by offering 'wholesale'
foreign exchange rates compared to the
'retail' foreign exchange rates. Our aim is to give a simple easy to use
service ensuring our clients have total peace of mind at
exchange rate will depend on the amount being transferred and
the date you want the funds to arrive. The rates on the
TV and some internet sites are "mid rates" for
transactions over £5,000,000. This means they are an
indicative rate halfway between the
buy exchange rate and the
sell exchange rate and no-one can trade at these rates.
IMS Foreign Exchange
we believe we will
quote you an exchange rate
these mid rates than anywhere else. If there is a
you are trying to achieve, we
are always happy to watch target levels for clients and
can transact for you or call you if the rate is reached.
You can see
indicative exchange rates on our
converter though please note these are the
rates for amounts over £5,000,000 so smaller amounts may
get slightly lower rates although we will do our utmost
to achieve the
best exchange rate possible for you
A As soon as you have registered as a client you
will be able to trade.
A There are several ways to pay: BACS,
A Your funds will be held in a segregated client
Lloyds TSB for the short
time it takes to complete the transaction.
A Once your payment has been cleared, your
currency will be transferred to your
selected account by CHAPS payment.
A You can make as many transactions as
you need, once you have opened an account with us all
you need to do is pick up the phone.