Currencies Direct

Why use Currencies Direct?

Many of us are likely to default to using a high-street bank when needing to send money abroad. However, banks are often not the most cost-effective option for international transfers. Exchange rates can be less competitive, extra charges may apply, and it can be difficult to get specialist guidance when you need it.

Currencies Direct specialises in international money transfers. Not only do they provide competitive exchange rates, without transfer fees, their team can also help you understand your options, keep you informed about exchange rate movements and support you from start to finish.

Personal account management

Exchange rates move constantly, and timing can matter, especially when transferring larger amounts.

With Currencies Direct, customers are not left to manage everything alone. Each customer has the support of a dedicated account manager who can explain the available currency options and offer guidance on the timing of a transfer.

Local support across Spain

While many currency providers operate only online, Currencies Direct has more than 20 local branches across Spain, giving customers the option to speak to a bilingual currency expert in person or over the phone. That can be particularly useful if you are buying or selling a property, and want support from someone who understands the local market.

Customers can also manage transfers 24/7 online or in-app, making it easy to check exchange rates, arrange payments and keep track of transfers wherever they are.

Support for buying or selling property in Spain

Buying or selling property is one of the common reasons people need to move large sums to or from Spain. Whether you are purchasing a holiday home on the Costa Blanca, selling a villa in Murcia, downsizing in Andalusia or repatriating funds after a sale, the exchange rate you secure can have a major impact on the final amount you receive.

Currencies Direct offers support for large transfers, with dedicated account managers who can talk you through your options and help you plan your payment. This can include tools such as forward contracts, rate alerts, market orders and currency wallets, helping you manage exchange-rate movements during the buying or selling process.

Authorised in Spain and the EU

When transferring money internationally, especially larger sums, it is important to choose a provider that is properly authorised to operate where you need it.

Currencies Direct Spain is authorised by the Bank of Spain as an Electronic Money Institution, meaning it is licensed to operate in Spain and across the European Union. For UK nationals in Spain, this is particularly important following Brexit, as financial companies serving EU customers need the correct European authorisation.

A multi-currency card for life in Spain and beyond

For people who split their time between countries, travel regularly or want a simple way to spend abroad, Currencies Direct also offers a multi-currency debit card.

The card allows customers to spend like a local in over 200 countries, withdraw cash from ATMs and manage spending through the app. There are no monthly card fees, and customers can receive instant spending notifications, freeze or unfreeze the card, view their PIN and use it within Apple Pay or Google Pay where available.

For Spain-based customers, the card can be delivered either to a home address or to one of Currencies Direct's Spanish branches.