How to send money to and from the Eurozone
Typically, our wide client base includes foreign nationals who are purchasing property, settling debt or transferring money home for investment purposes. We also help individuals who are investing overseas.
We like to keep things simple, which is why we offer you the convenience of transferring money online. Unlike a bank, our online payment portal is available 24 hours a day, seven days a week and is easy to use. This means you can place an order for a transfer, for any amount from wherever you are in the world, whenever you want.
To get started, all you have to do is register on our website, activate your account and you can start transferring immediately – it’s that simple!
What’s more, every fifth transfer you make with us will be processed for free.
How it works
1. Register
Register your free account online to get full access to our secure money transfer service.
2. Activate
To activate your account, simply upload or email our team copies of your passport and proof of address.
3. Transfer
Transfer between more than 25 currencies from all over the world and benefit from great rates and speedy transfers.
Why thousands of people continue using our forex service
Great rates, unrivalled service
Our forex business was started by expats, so we know the challenges associated with sending money back home. We remove these challenges and make sure you can send your money back home, whenever you need to. That’s why thousands of international citizens living all over the world choose us to transfer money internationally.
Low fees and fast transfers
Not only will we transfer your money at fees that banks can’t compete with, we’ll do so as quickly as possible. What’s more, our exchange rates ensure you get the most out of each transfer. Use our currency converter above to find out how much you could be saving with each transfer.
Online convenience
Our online payment portal is 100% secure and available 24/7, so you can transfer funds safely, whenever you need to. We use Secure Socket Layer (SSL) 128-bit encryption, which provides absolute protection of your funds and debit card against unauthorised use. Your peace of mind when working with our service is important to us.
Full accreditation and transparency
You can rest easy knowing that our money exchange service is 100% fully regulated and accredited with all of the relevant bodies in all of the jurisdictions that we operate in. What’s more, we are completely transparent when it comes to our fees. With us, the rate you see is the rate you get – no hidden charges.
Unrivalled customer service
Our forex team has been in business for over 20 years. Our efficient and friendly team process over 140,000 remittances each year for over 60,000 clients worldwide. They will always be on hand to assist you with any queries you may have.
Our exchange rates beat the bank, every time
To get you the best possible money exchange rates, we canvass the market, add a small margin to the rates we obtain, and pass that excellent rate on to you. The exchange rates we offer fall between the interbank rate (the truest exchange rate) and the rate offered by high street banks and bureaux de change.
We are able to undercut the high street banks and pass that saving on to you in the form of great rates. We believe in complete transparency when it comes to our rates, so the rate you see is always the rate you get we never surprise you with hidden bank charges.
Frequently asked questions about online money transfers
It’s only natural to have questions when you’re choosing a forex provider. Here are the answers to some of the most common questions we receive about our online international money transfer service.
1. How long does it take to activate my account once I’ve registered?
As soon as we have received a copy of your passport and proof of residential address (signed and dated by yourself), we will activate your account on the same business day.
If your transfer exceeds £20,000, we will request a few additional documents.
2. How are your exchange rates determined
To get you the best rates, we canvass the market on your behalf, add a small margin to the rates we obtain and pass that rate on to you. The exchange rates we offer fall between the interbank rate (the truest exchange rate) and the rate offered by high street banks and bureaux de change.
The rates on our site are updated throughout the day, they must be viewed as indicative only.
3. Between which countries can I send funds?
We can transfer funds to just about any worldwide destination. Our most popular destinations are Australia, New Zealand, the UK, Poland, South Africa, Canada, the United States and the Eurozone. If your country is not specifically listed as an option on our website, please give us a call and we’ll help you out with your transfer.
4. What are the transfer fees?
Our fees are dependent on the size and destination of your transfer. Any transfer above £2,000 is automatically processed free of charge. If you are transferring less than £2,000, the table below will provide you with general information on the fees for some of our most popular destinations.
Fees to transfer from the UK
UK to Australia | £2.00 |
UK to Eurozone destination | £5.00 |
UK to New Zealand | £1.00 |
UK to Poland | £0.90 |
UK to South Africa | £10.00 |
UK to UAE, USA and Canada | £10.00 |
Australia to the UK | $5.00 |
Eurozone destinations to the UK | €5.00 |
New Zealand to the UK | $5.00 |
Poland to the UK | zł5.00 |
South Africa to the UK | R250.00 |
5. Can I send money to a credit card?
We can send money to South African credit cards only. At present, we cannot transfer money to Australian, New Zealand or UK credit cards.
6. What is the processing time for a transfer?
Once we have received all the necessary documentation associated with the transaction and your funds have cleared in our client account, the converted funds will be credited to your nominated overseas account within one to three working days.
Register now7. What are the minimum and maximum amounts that can be transferred?
There is no minimum or maximum amount when you transfer money with us. There are, however, certain benefits to sending larger amounts.
8. What methods of payment can I use to transfer the funds to your account?
We accept GBP denominated UK debit card and internet banking payments. Your name and surname must be used as the reference when paying via internet banking. If a name and surname are not supplied, proof of payment must be emailed to us in order for us to allocate your funds for transfer.
9. What happens when I use a debit card as my preferred payment method?
The easiest way to transfer money with us is to use your UK debit card on our website.
First, enter in the amount that you wish to transfer as well as your debit card details. Then enter in the overseas recipient bank account details of the destination to which you wish the money to be transferred. This process is completely under your control and you don’t need to set foot in a bank or log on to an internet banking portal.
As soon as you submit your request online, your money is transferred from your account into ours. As the funds are transferred out of your account, the exchange rate will be secured for your transfer. This is how we ensure the rate you see when you request the transfer is the rate you get.
10. What happens when I use internet banking as my preferred payment method?
If you have chosen internet banking as your preferred payment method, you will need to complete two stages to affect a transfer. Firstly, you will need to upload your transfer instruction onto our website. This tells us the amount of money, destination to which and date on which you want the funds to be sent. After this, you will have to log in to your internet banking account and transfer the requested amount to the relevant Sable International client account, using your name and surname as the payment reference.
The appropriate details for our client holding account will appear when you upload your transfer request on our website.
11. How can I be sure that my funds will be correctly allocated?
If you are using internet banking, it is imperative that you ensure that your funds will clear under your name and surname. If you use your name and surname as the payment reference, we will know that the funds are from you and we can process your transfer as soon as the funds clear.
If the funds will be clearing under a reference other than your own name and surname, please send an email to forex@sableinternational.com, informing us as to what name the funds should clear under. Following these guidelines will decrease the likelihood of a delay.
12. What are the requirements of a registered money service business?
The law requires us to monitor any unusual or suspicious transactions of any size taking place where we have reason to believe the money is derived from illegal activity. We will report any suspicious international money transfers to the authorities.
The law also requires us to keep full records of all transactions, together with copies of identification provided. We are unable to process any transaction where this information is withheld. Proof of address and proof of funds may be required in certain cases – please see our “know your customer” guidelines for more information.
13. How secure is the site?
Our site uses Secure Socket Layer (SSL) 128 bit encryption to protect your transaction details. This 128 bit encryption is the latest and strongest data encryption technique commercially available for securing information between you, our client, and our website.
SSL works by encrypting/scrambling data from our website to your computer. The data is encrypted on our web server and can only be decrypted/unscrambled by the person with the correct decrypt/unscramble key. You can visually verify our site’s use of SSL in two places: The "s" in https in the site’s web address and by the padlock on the left hand side of the address bar.
