Moneycorp
London foreign exchange firm for personal and business currency transfers, with a separate risk management arm and a bank for institutions
Quick Overview
| Company | TTT Moneycorp Limited |
|---|---|
| Category | International Money Transfer Services |
| Headquarters | London, United Kingdom |
| Founded | Not stated |
| EU Presence | Yes - United Kingdom (FCA) |
| Data Location | See privacy policy |
| Open Source | No |
| GDPR Compliant | Yes |
| Self-Hosting | No |
| Main Features | Personal payments, foreign exchange, business payments, FX risk management, platform and technology, Moneycorp Bank for institutions |
| Pricing | Indicative rates shown; fees not published on the home page; see website |
| Best For | Larger or planned transfers such as property purchases abroad |
| Replaces | Western Union, bank wire transfers |
Detailed Review
TTT Moneycorp Limited is registered in England (738837) with FCA firm reference 308919; a sister company, Moneycorp Financial Risk Management Limited, is authorised for designated investment business.
The audience is wider than remittances: personal customers, businesses and financial institutions each get their own page.
Rate guidance versus final quote
The site says rates shown are indicative and should only be used as a guide, so the live quote comes from an account manager or the platform.
Personal and business
Personal solutions cover payments and foreign exchange products, while business pages add hedging and risk management.
Institutions
A separate Moneycorp Bank link on the home page is aimed at institutions, not at individual senders.
Limitations to Consider
Fees are not published on the home page and the rates shown are only indicative, so cost comparison needs a quote. It is not designed for small family remittances with cash pickup; for those use WorldRemit or Taptap Send. Parent company not stated on the page read.
Who Should Use Moneycorp
People and businesses moving larger sums between currencies who prefer to deal with an account manager.
Pros and Cons
Pros
- FCA authorisation with reference
- Personal and business offer
- FX risk management
- Account manager contact
- Established London firm
Cons
- Fees not shown publicly
- Indicative rates only
- Not built for small remittances
- Parent not stated on checked page
Alternatives to Moneycorp
Other European international money transfer services worth comparing before you decide:
TransferGo
United Kingdom / Lithuania · Vilnius-rooted sender paying out to 160+ countries from Europe
Paysend
United Kingdom · Scottish e-money firm with card, wallet and bank payouts
LemFi
Ireland · Migrant-focused app sending from Europe to Africa and Asia
Wise
United Kingdom · Per-use transfers and a multi-currency account, no subscription
See all European international money transfer services or compare them directly against Western Union on our alternatives page.
Frequently Asked Questions
TTT Moneycorp Limited is authorised by the FCA under the Payment Services Regulations 2017.
Not on the home page; it shows indicative rates only.
Yes, it has business payments and FX risk management pages.