The New Level of Price Comparison - Money Transfer Comparison Powered by themoneycloud.com
The international money transfer comparison site that's focused on providing information about various options to send money overseas.
London, UK, November 19, 2015 (Newswire.com) - In the past, when a worker wanted to transfer his income to his family in his home country, which is normally not more than 1000 - 2000 dollars a month, the only option available was to use Western Union or Money Gram or a similar money transfer operator. If he/she had a bank account, a wire transfer through a bank was an alternative, even though not cheap. As a result, they were losing a lot of their income in fees and charges to money transfer companies.
In today's world, this is not the case anymore. There are dozens of alternative money transfer companies that are able to undercut Western Union / Money Gram and help to send money at more affordable rates. At the high-end of the market, new companies have been emerging to help high net worth individuals, overseas property buyers or SMEs in their international payment processes.
10 Years In The Making, FX Comparison Site The Money Cloud Is A Model FinTech Disruptor.
Edmund Ingham, Forbes Contributor
The key question now is which of these newly emerged financial services companies are the best value for money. Moreover, are they all legit? Can they keep up to the promise of making quick payments or what happens if they go bust? These questions create a natural need for analyzing and comparing these companies - assessing their regulatory compliance, annual turnover, dates of establishment, checking how other consumers enjoyed the service through reviews, checking rates they offer and the fees they charge.
This problem has found a solution with money transfer comparison sites, such as themoneycloud.com, which simply compare these money transfer operators from all possible angles and dimensions. The Money Cloud' service is unique as it provides dynamic search results with live exchange rates for a huge range of 144 currencies all over the world.
The Money Cloud selects trustworthy, cost effective, highly regulated and swift money transfer providers and compares them against each other. It is an independent comparison website and all the information is genuine and correct. The Money Cloud has been named as a "Model Fintech Disruptor" by Forbes. It has featured in BBC Radio 4, won Fintech Circle and are members of Innovate Finance, an industry body for the FinTech community headquartered in Canary Wharf, London.
So next thing for anyone planning to make an overseas transfer, buying foreign property, or paying an overseas mortgage, it is to just pop onto themoneycloud.com site and check the rates and compare.
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