However, one of the most important considerations will be how secure your money is, as there’d be nothing worse than finding it didn’t reach the required destination. This is why it’s so important to choose a money transfer service you can rely on, and to be absolutely certain that the account (or kiosk) you’re sending the money to is legitimate.
When it comes to specialist currency providers, you’ll want to make sure that they’re either authorised by or registered with the Financial Conduct Authority (FCA), with authorisation offering the most protection. If a firm is FCA-authorised it must keep your money ringfenced from company funds, so if it were to collapse there’s a greater chance that you’d get your money back. All larger international money transfer firms have to be authorised by the FCA.
