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Who regulates foreign currency exchange?
The Financial Conduct Authority (FCA) regulates more than 56,000 financials firms in the United Kingdom. Our partner's service is regulated by the FCA, so you can have peace of mind knowing your money and consumer rights are protected by the FCA’s code of ethics.
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Why do currency exchange rates change?
A country’s currency value is primarily determined by the law of supply and demand. Many variables can influence supply and demand including the rate of inflation, political policy, economic factors (deficit/balance of trade), the size of money supply, what a currency is currently trading at and the speculated value in the future. Therefore, exchange rates can go up and down based on these circumstances.
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How will the Telegraph Media Group Currency Exchange services benefit me?
Telegraph Media Group Financial Services has partnered with moneycorp to give you access to great exchange rates. Our partner's secure service is regulated by the FCA, the process is hassle-free and turnaround is fast.
