Welcome to the Regular International Transfers (RIT) Division
Do you have a regular payment to make overseas?
Mortgage Payments
Pension Payments
Wages / Bonuses
Living Expenses / Utility Bills
If you make regular payments for any of the above from the UK in Euros, US Dollars any currency, an RIT is a practical, cost effective solution.
For example. If you own an overseas property, you may have to send monthly sums of foreign currency to an overseas bank account to ensure you have adequate funds to meet your mortgage commitments and living expenses. Or perhaps you are an ex-pat based overseas, either permanently or short-term and require to the transfer your pension / wages from the UK to wherever you may be domiciled.
It is no surprise that UK banks can be slow and expensive when it comes to transferring funds overseas. When you use a high street bank, commission and transfer charges can add an extra £35 a month to your payment costs. Many local branches have staff with little or no experience of international transfers. Their mistakes can cause delays and cost you money. What's more, the funds may go through several links in a chain: from local branch to destination branch. Each link increases the chances of your funds being delayed or even going astray resulting in late payment charges and an unforced overdraft which can affect your personal credit. At Excel Currencies we prevent this happening.
The main benefit for using the RIT process is we save on average £500 a year per client. If you would like more information about our RIT process please call T: +44 (0)1322 22 11 21 and ask to speak to our RIT division.
