emmajane0429 Posted July 5, 2022 Share Posted July 5, 2022 Hi, has anyone used this company to send a large amount of funds abroad https://www.globalreachgroup.com/ they have contacted me through a removal firm I’m using and I just want to check they are legit which I’m sure they are but you never know these days! Quote Link to comment Share on other sites More sharing options...
Ausvisitor Posted July 5, 2022 Share Posted July 5, 2022 They seem legit enough, but I can't see why you'd waste your time with them when services like Wise money transfer exist and give near perfect exchange fees without having to email for a quote. Whilst the company you quote say they've helped 30,000 people move money abroad, Wise do this sort of number in a day so have a lot more experience. If Wise wasn't effectively market rates with a tiny service fee I might be tempted to look around but honestly unless you are talking millions of pounds being moved, the difference is likely to be miniscule Quote Link to comment Share on other sites More sharing options...
Marisawright Posted July 5, 2022 Share Posted July 5, 2022 I agree with Ausvisitor 1 Quote Link to comment Share on other sites More sharing options...
ramot Posted July 5, 2022 Share Posted July 5, 2022 We have used Wise every month for years to transfer money as our income is from the UK, there has never ever been a problem, quick and efficient, the money is usually in our bank the next day. 2 Quote Link to comment Share on other sites More sharing options...
emmajane0429 Posted July 6, 2022 Author Share Posted July 6, 2022 Ok great, I hadn’t heard of them but will take a look, thanks for your replies Quote Link to comment Share on other sites More sharing options...
Steve Elliott Posted July 7, 2022 Share Posted July 7, 2022 Also bear in mind, the removalists are a business, not a charity so will likely have a referral arrangement in place whereby they stand to benefit from any business you do with the fx company. They should disclose that to you. Quote Link to comment Share on other sites More sharing options...
laf Posted August 9, 2022 Share Posted August 9, 2022 I have always used Wise to transfer between UK and Aus. and found their rate to be the best. I always compare beforehand. However I read (somewhere) that Wise are less advantageous when transferring large amounts such as the proceeds from our forthcoming property sale. A comparison shows TorFx are better. I agree it's a pain having to request a quote from Global Reach as when I did this (and from various other companies) in the past I was bombarded by salesmen but will need to compare as they're not included in comparison websites and the difference in receipt amounts is enormous on large sums. Quote Link to comment Share on other sites More sharing options...
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