Global Reach was formed in 2005 and since that time has grown to become one of the largest currency brokers in the UK. As a business Global Reach have always placed a priority on customer service and ensuring that the client receives the best possible exchange rate.
Global Reach has helped 25,000 people transfer over £5 billion and has earned itself a 5 star Trust Pilot rating as a result.
Headquartered in London with offices in Berkhamstead, Cornwall, South Africa and Cyprus they have a wealth of experience in the currency exchange market and bring the benefit of that experience to their client base.
If you’re looking for a great exchange rate, Global Reach offers their “Best Exchange Rate Guarantee” on every trade to ensure you can rest assured that you’re getting the best deal. You’ll already receive up to 4% more on your currency transfer when you use Global Reach rather than a bank, but you can relax after you’ve made your transfer knowing that if you find a better rate, they’ll match or beat it.
Global Reach now transact in excess of £5.5 billion annually and were in 2016 given a Best Companies Accreditation Standard award, a strong endorsement of the value the company places on its employees which in turn reflects upon the ethos that the business has in terms of caring for its clients and partners.
Every client using Global Reach to conduct international payments is given a dedicated account manager, emphasising their focus on customer service which is backed up by the company’s 5 star Trustpilot rating. You’ll benefit from your account manager’s in-depth market knowledge which can help you choose the most opportune times to trade in a world of choppy exchange rates.
There’s also a host of products and services available that your account manager can discuss with you. You’ll have the opportunity to lock in a current exchange rate to use at any point in the next two years which is fantastic for those looking to purchase property overseas with an unwavering budget. Currency fluctuations can result in the loss of thousands in just the space of a few months and it’s essential to speak to your account manager to plan a strategy and make the most of your funds, no matter what the market’s doing. If you need to transfer money abroad regularly for pensions or other payments, Global Reach can help you with those too. Each transfer is bespoke and will be completely tailored for your needs and requirements.
Global Reach has greater flexibility in comparison to other brokers as it’s a Financial Conduct Authority (FCA) authorised E-Money institution (E-Money institution – FRN: 900205) it was even one of the first in the UK. The E-Money status means that Global Reach can hold your money until you’re ready to transfer. If you’re planning a move overseas and haven’t had a chance to set up a bank account, they can hold your funds in sterling securely until you’ve had chance to set one up. If the exchange rate is particularly favourable at that time they can exchange your funds and hold it for you in a currency of your choice.
Fund safety is of the highest importance to Global Reach and so customer monies are kept in separate accounts to Global Reach’s own business accounts, which guarantees your money stays protected. The company eliminates market exposure of client funds by purchasing currency immediately when a trade is agreed to keep your position completely covered and risk-free.