Transferring money abroad

Why should I use Saga International Payments for an overseas money transfer?    

Saga International Payments, provided by Western Union® Business Solutions*, offers bank-beating exchange rates. Personal, specialist dealers can ensure that your transaction is quick and secure. Commission fees are not charged, plus you can protect against unpredictable fluctuations in exchange rates.

 

How does the service work? 

 

Once your account is open with Saga International Payments, you are under no obligation to trade – just use the facility any time to transfer money overseas. If you have the funds to hand and wish to transfer them immediately (known as a ‘spot transaction’), call 0800 0150 995 for the current rate and arrange the payment over the phone. Western Union Business Solutions* will then fax, e-mail or post confirmation.
It can also be very convenient to arrange transfers in advance. With a standard deposit of 10%, you can agree to make a transfer on a future date within the next 12 months at a fixed exchange rate (known as a ‘forward contract’). The rest of your payment is due two days before the agreed transfer date. No matter what happens to exchange rates in the meantime, you know how much the transaction will cost.

To find out more about how our service works, visit one of the links below -

What else do I need to know?

Information about exchange rates

*Western Union Business Solutions is a division of The Western Union Company. Services in the UK are provided by Custom House Financial (UK) Limited (which does business under the trade name of Western Union Business Solutions) or Western Union Business Solutions (UK) Limited (collectively referred to as "WUBS" or "Western Union Business Solutions"). Custom House Financial (UK) Limited (registered in England, Company Number 04380026, Registered Office Address: 12 Appold Street, London EC2A 2AW) is authorised by the Financial Conduct Authority under the Payment Services Regulations 2009 (Register Reference: 517165) for the provision of payment services and is registered as an MSB with HM Revenue & Customs (Registered No: 12140130). Western Union Business Solutions (UK) Limited (registered in England, Company Number 02854737, Registered Office Address: 12 Appold Street, London EC2A 2AW) is authorised by the Financial Conduct Authority under the Payment Services Regulations 2009 (Register Reference: 536611) for the provision of payment services and is registered as an MSB with HM Revenue & Customs (Registered No. 12122416).