How to Transfer Money
Step by Step guide on International Money Transfers
As soon as you are registered with Baydonhill FX PLC, you can complete a
currency transfer at any time over the phone.
This process is quick and very simple and at all times the staff at Baydonhill
FX will be there to help or answer any questions you may have.
Obviously when making a money transfer you want the best exchange rates. This
can be achieved by taking advantage of various
free tools.
How to Transfer Money
An account Manager will discuss a live rate of exchange and will tell you how
much that rate will give you in your new currency.
If and when a rate has been agreed by you. They then book your currency at the
agreed rate.
That's it your currency is secured.
They then send you what we call a
money transfers contract note. That
contract has three sections on it.
The first section is the agreed rate, the currency you are selling and the
currency and amount you are buying.
The second section has Baydonhills client segregated account details.
This is the account where you send your money. Your funds are secure and are
fully protected
The last section is where you write in the destination account details.
This is the bank account details where you want your new currency to be
delivered.
Also at the bottom of the money transfer contract is a box to sign.
You then fill in the details and fax back and at the same time arrange a chaps
payment for your money to go across to Baydonhill FX.
As soon as they receive your money, they will then transfer your new currency
to your destination account.
To find more on how you can achieve the best exchange rates