GCEN : Global Currency Exchange Network

GCEN, the Global Currency Exchange Network offer an efficient and cost effective service to individuals and businesses needing to make international payments. They can offer you highly competitive exchange rates on all of the major currencies. Whether you are planning to buy an overseas property, emigrating, paying a bill or making an overseas payment for another reason, GCEN can help save you money.

Main Features

• Personal and Business services available
• 0% Commission
• No transfer fees
• Able to purchase forward contracts
• Can establish regular payments
• Set up standing orders
• Expert advice
• Hedging strategies
• Limit orders – buying when the rate is high
• Regulated by HM Revenue and Customs

Transactions

In order to carry out a transaction with GCEN firstly you will need to open an account online with them. Account opening is completely free and no obligation.

• Upon receipt of cleared funds (which will vary in timescales depending on your transaction method – 5 working days for a cheque, 3 working days for a BACs transfer and same day for a CHAPs transfer) your funds should reach your specified foreign bank account within 1-5 working days.

Compare the features of GCEN against other UK leading money transfer firms in our easy-to-use comparison table here.