Making international payments
If you’re procuring goods or services from overseas, MGP lets you send payment anywhere in the world, in almost any currency, without a fee and in minutes or hours rather than days. That means you can make things happen today, rather than in a few days’ time.
You can make payments yourself using our fast, simple to use online platform. Or you can call on the services of your account manager, who will make it for you with no additional charge.
Receiving international payments
If you’re exporting goods or providing services overseas, and so receiving international payments, MGP saves you from the high costs, poor service and slow crediting you have to put up with when using a bank.
Using our international payments platform and wholesale exchange rates, you’ll save money, benefit from an expert and tailored service... and get your payments faster.
Some of the benefits of making payments through MGP
For international payments, MGP’s fast, easy to use platform gives you huge benefits over both traditional banks and legacy foreign exchange providers.
Incredible rates that are up to 10X better than rates offered by high street banks.
No payment fees
None. Send free international payments, saving you as much as £50 per transaction.
Near real-time payments
Our payments to Europe complete in minutes. And in hours to the rest of the world.
Send and receive international payments in up to 34 currencies with just one account.
Eliminate supply chain delays by notifying suppliers when payments are sent.
Safe and secure
Segregated client accounts ensure funds are protected in line with FCA regulations.
“MGP Solutions have been an invaluable partner as we have moved from a UK to a global market. They understand the TV sport industry and the hedging and cashflow challenges we face daily. MGP work with us to provide the best hedging models for each contract as they all have unique requirements. Their insight and level of personal service is unrivalled in my experience of FX brokers and their flexibility enables us to be nimble.”
Allan, Head of Finance
“Before working with MGP we had partnered with several providers of currency exchange. The most frustrating thing was a lack of transparency around the margin being taken by the provider. The benefits I value most are transparency and the platform which is easy to use for simple spot trades. If I need advice on something specific, I can make a phone call to get it.”
Paul, Managing Director
“Second to none when it comes to handling foreign currency exchanges. Not only knowledgeable, engaged and efficient but offered an unrivalled level of customer experience - essential when it comes to critical financial transactions.”
Glenn, Managing Director
Choose how to make your payments
Not everyone trusts themselves to complete high value transactions online, without the reassurance of having an expert check that everything is in order.
So you can make international payments entirely on your own using our online platform. Or you can complete your payment with the help of an expert MGP account manager, who will manage the transaction for you at no extra cost.
Peace of mind
Currency exchange and international payment services are provided through MGP Solutions by companies who are fully authorised and regulated by the Financial Conduct Authority (FCA) in the United Kingdom. Some of MGP Solutions currency exchange and international payment services are provided by The Currency Cloud Limited, registered in England with company number 06323311. Registered office: Stewardship Building, 1st Floor, 12 Steward Street, London E1 6FQ.
The Currency Cloud Limited is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 for the issuing of electronic money. FCA registration number 900199. Client funds are processed securely via segregated client accounts.