0% interest on purchases for 17 months from account opening*. Many investors use leverage, the practice of borrowing money to help them buy more currency. International payments. Travel Money. ). You will not pay interest on purchases if you pay your balance in full and on time each month. Rates make for a useful point of comparison when looking at financial products, and being up front about our charges helps you stay in control of your money. © HSBC Group 2019. In order to have access to all the features of our fully-optimised website, please enable your JavaScript settings Private foreign exchange companies typically complete the … If you have already missed a payment, you’ll need to speak to us as soon as you can. Expert support and insight. Bermudian dollars. Keeping you safe; Using your cards outside the UK; Back first direct uncovered. The pound has strengthened against the dollar. Our awards. Our dedicated Financial Support team are here to help. Discover enhanced rates when you buy foreign currency online at 0% commission. Get into a good savings habit and the future you will say thanks. Charges. Our team. Bahraini dinars. JavaScript is currently disabled on this computer/device. representative rate of 16.9% APR variable. Here’s what you need to do in order to determine how much First Direct’s … Dependent upon the type of transaction you undertake one or more of the following charges will apply: We all know it makes financial sense to pay more than the minimum payment whenever possible. Mind partnerships. Bank transfer commission fees range from £15 to £30 depending on the bank. It recently conducted research which found that people considered money more important to their wellbeing than either diet or exercise – yet the ‘m’ word is often absent from discussions around living your best life. First Direct's credit card offers 27 months 0 per cent interest on balance transfers with a 2.29 per cent handling fee. Credit cards Instead, the value of a U.S. dollar in Mexico is different from the cost of a U.S. dollar in Canada, Australia, or even France. Back Help. Skip to: UK Money Transfer Specialists. if you purchase your Travel Money using your UK issued first direct credit card, a handling fee of 1.5% (min £4 max £15) will be charged and you may also incur a cash advance fee from your credit card provider. Opens an overlay [Will show a security message first]. Saving money feels good. Money Compare is a trading name of Which? Everyone loves money and paper currency is the perfect gift! We'll deliver your holiday money to your door* so you can focus on the important stuff (finding your sunglasses, planning what you want to buy in duty free...). 'Working day' means Monday to Friday excluding UK Bank and Public Holidays. As you'd expect credit is subject to status. Central Pacific francs. Regular Saver Account. Transfers from other providers welcome. Find out more here. To make a profit on your transaction, aim to buy currency that you expect will increase in value (base currency) using currency that you expect to decrease in value (quote currency). first direct in the community. Keeping you safe; Using your cards outside the UK; Back first direct uncovered. We’ve got everything you need to be confident in your currency exchange. If you would prefer to speak to us, please call us on: This product is only available to first direct Current Account customers (you're more than welcome to join us...). When you trade currency in one form for currency in another, you will see that it is not a dollar for dollar transaction. Not only do we accept BFPO addresses when you apply for a first direct mortgage, we’re happy for you to use the Forces Help To Buy scheme, and if you ever need to rent your house out we won’t make you change your mortgage. first direct is a division of HSBC UK Bank plc. Australian dollars. Read our quick guide to creating a monthly budget > I’ve missed a mortgage, loan or credit card payment. Social media . The LTV – or loan to value – is the percentage of the house price that the amount of money you’re borrowing represents. Compare today's best travel money rates and buy currency online. Who we are. What benefits can I expect from a first direct credit card? Fixed term No. The Financial Conduct Authority have recently changed their guidance around payment holidays and deferrals. via your browser. You'll find more information in the Gold Card summary box and repayments illustration tabs on this page. If the amount you pay in a month is less than the full amount you owe, we will apply the amount you pay in the following order; Minimum credit limit is £500, maximum credit limit is subject to status. Mull over new analysis. US dollars. Which? Fraud and Security. BIC and IBAN; Travel Insurance. Find out more about our credit cards here. For details on how we will use your personal information, please see our Privacy Notice. first direct Travel money is provided by Travelex Currency Services Limited. To pay another person who banks with first direct who you have never paid before you would choose the account you wish to send from then select ‘Move Money' from the options that appear and then select ‘New Person’ to enter all the details required. A currency pair is a price quote of the exchange rate for two different currencies traded in FX markets. We monitor and record comments and posts made on these channels about first direct … Secure Key; … Once we confirm your order and it has been paid for you can't amend or cancel it. First Direct Bank international money transfers to or from the UK have higher transaction charges, due to a less competitive exchange rate offered by First Direct. International payments. Financial Services Limited is a wholly-owned subsidiary of Which? In order to conduct transactions on the bitcoin network, participants need to run a … For example, if you wanted to trade $10,000 of currency, you would probably borrow at a leverage rate of 200:1. At the end of the promotional period the rate on the outstanding balance will change to the standard variable rate that applies at the time. Take out a new first direct Gold Card today and pay 0% interest on all purchases for 17 months*. BIC and IBAN; Travel Insurance. Where applicable, these will also be shown on your order confirmation, if you purchase your Travel Money using your UK issued. If you are not at home when your order is delivered - because the order has to be signed for, Royal Mail should leave a card giving details of where the order can be collected. 3% of the full amount you owe as shown in your monthly statement (including interest and charges), You can find out more about the Payment Scheme Exchange Rate at the Visa Rates website Opens an overlay [Will show a security message first]. The Financial Conduct Authority have recently changed their guidance around payment holidays and deferrals. You are in section Buy travel money at No1 Currency. If you only make the minimum payment each month, it will take you much longer to clear your balance and will cost you more. In order to have access to all the features of our fully-optimised website, please enable your JavaScript settings Skip to Help. If First Direct can start some genuinely thought-provoking campaigns around money – and ensure that its banking service is genuinely built around financial wellness – then its repositioning could prove a wise move. How does a bridging loan work? ... 2.99% cash fee, minimum £3.00 (includes cash withdrawals both in the UK and abroad, internal transfers, the purchase of foreign currency, travellers cheques and certain balance transfers, but not gambling transactions). A ‘Help to Buy: Equity Loan is where the government lends you up to 20% (40% in London) of the money required to purchase a new build property. Cayman Islands dollars. Canadian dollars. Secure Key; … Partnerships. If Section 75 applies, we may be equally responsible for your loss eg if what you paid for: Argentine pesos. Who we are. JavaScript is currently disabled on this computer/device. first direct in the community. You will need the person’s name, sort code, account number, reference and payment amount. As you'd expect, credit is subject to status. Digital Wallet. Colombian pesos. We hope you don't mind. This means that one pound can now buy 1.31 dollars, whereas a few hours ago, it could only buy 1.30 dollars. Travel help and advice. Gold Card Keeping you safe; Using your cards outside the UK; Back first direct uncovered. It comes with an APR of 18.9 per cent. Travel and international Bank transfer commission fees range from £15 to £30 depending on the bank. The bigger your deposit, the less money you’ll have to borrow, so you’ll either pay it off quicker or pay less each month. First Direct, M&S Bank and Nationwide have all ranked highly in a comprehensive new customer survey, while giants such as Barclays, Lloyds and Santander didn’t even make the top 100 cut. Buying and selling foreign currency is a fraught prospect, even for expert investors. first direct was built around its customers. This promotion is only available to first direct Current Account holders who haven't had a  first direct Credit Card or Gold Card within the last six months. First Direct does not offer the interbank rate but instead adds a margin to it, which makes the foreign currency transaction more expensive for you. Bahamian dollars. Get in touch if you want to talk through your options or find out more about the latest market movements. All Rights Reserved. Member HSBC Group. We'll be updating our website with further details shortly. you have a contract with the supplier i.e. Our team. Online shoppers who purchase goods via credit or debit card will soon have to enter a one-time passcode sent directly to their mobile phone via text message to complete the transaction. The interbank rate (also called mid-market rate) is the midpoint between the buy price and sell price of two currencies on the currency markets. Our team. The smartest way to collect, convert and transfer money globally - Transparent and competitive FX fees - Free overseas and local multi-currency accounts - Fast and secure transfers online or via telephone - Award-winning, personalised customer service. for orders confirmed before 12.30pm, whether that be through the online or telephony channel from Monday to Friday, we aim to deliver within 2 to 3 working day. 0.10% AER (0.10% tax-free) variable on balances of £1 and over. The sister banks offer 3.04% variable interest on their regular savings accounts, though you can only save a maximum of £50 a month, compared with £25 to £250 a month at HSBC and £25 to £300 at First Direct. Buy currency in advance; Create rate alerts; Check live rates on the go; Get started . Barbados dollars. Plus, a bigger deposit can sometimes mean a better rate. Types of ISA Before you take out any kind of Individual Savings Account is a good idea to understand it’s features and to shop around to make sure you are making the best choice for your personal circumstances. Find out more about our credit cards here. first direct arena. See live market exchange rates. Go for the first direct Credit Card if you're looking to make a balance transfer or our Gold Card if you're planning to use your credit card for purchases. The above example makes a number of assumptions: If you set up a recurring transaction (sometimes called a continuous payment authority), for a regular payment like this, it's seen as an agreement between you and the retailer - so, unfortunately, it won't be covered by the Direct Debit Guarantee. Chinese yuan. Money wellness; Heads Up! Opens in new window [will show overlay first], Visit our facebook page, opens an overlay, Pay in a cheque, pay in and withdraw cash, How to claim a debit or credit card refund. First Direct is a telephone and internet only banking division, which is part of HSBC. No hassle or need to negotiate, always pay the same FX fee based on your annual trading volume, so you know what rate you’ll receive on every trade, every time. Social media . 0% on purchases for 17 months after account opening. All Rights Reserved. Member HSBC Group. Our awards. HSBC and subsidiary First Direct have slashed the interest rate it pays on its regular savings account from 2.75% to 1% for new customers. Otherwise, the period over which interest is charged will be as follows: Purchases, balance transfers, cash advances and cash related payments. These uncut sheets of money are a must-have for any collection. Brazilian reals. Euros. Home Show the section Delivery. It's possible for you to receive money into your account from outside the UK in either foreign currency or Sterling. Buy currency online at our best exchange rates Order online to lock in our very best rates* on your foreign currency. As of February 2018, a direct … no annual fee. Calls may be recorded and monitored. Banks are banning the purchase of cryptocurrencies by … Travel Money. Bangladeshi taka. If you only make the minimum payment each month, it will take you much longer to clear your balance and will cost you more. Please call us on 03 456 100 173 †. You can then put down a more affordable 5% deposit, and borrow the remainder of the capital from a mortgage lender (75% if you get the full 20% government loan) – but this must be a repayment mortgage as opposed to interest only. first direct in the community. these delivery times are not guaranteed and deliveries to remote parts of the UK may take longer. Cryptos are facing the adverse storm and their survival would make them only robust. the currency you wish to buy is selling for a good price against your home currency, lock in your purchase either on our website or at one of our stores. For a list of all the cookies we use and what they do, please read our Money wellness; Heads Up! Cookie Policy. Social media . Limited and part of the Which? First Direct says the campaign was inspired by the fact that money remains one of the biggest sources of anxiety in Britain. travel money delivered free direct to your door. Current Page. a. any unpaid arrears or amounts over the credit limit; b. the amount you owe us and shown in your statement; c. any transactions, interest or charges not yet included in a statement. you will be advised of any charges payable before you confirm your order. Yes, you can add more than one currency to the same order. Whether you’re looking for pounds to euros or one of our other 40+ currencies, we can deliver to your home or you can pick up from us in store. If the exchange rate is favorable, i.e. Opening times are 24/7 365 days of the year. If you need to use a credit card, it makes sense to pay as little interest as possible. Brunei dollars. Make moving home easier, by taking your existing Mortgage with you. When it comes to currency, our team really knows its stuff. Unless you pay a premium, First Direct Bank’s service will take from 5 to 7 days for your funds to arrive at the destination bank. The LTV – or loan to value – is the percentage of the house price that the amount of money you’re borrowing represents. Which? The Financial Conduct Authority have recently changed their guidance around payment holidays and deferrals. For a list of all the cookies we use and what they do, please read our Skip to Help. The amount of money you can put towards the cost of your property. Our awards. Although it used to be possible to get a First Direct euro account, these are no longer on offer for new customers. Fraud and Security. Take a look at the example below (which includes introductory rates*), for a hypothetical purchase of £1,000 on your Gold Card. When you are traveling to foreign countries from the United States, it is often necessary to exchange your American dollars for the local currency. Money wellness; Heads Up! Because we want to make sure we're doing a good job, we may monitor or record our calls. Unless we say otherwise, these are intended for UK customers. Fraud and Security. Unless we specifically tell you interest rates are fixed, you should assume they're variable. Please read their Privacy Notice shown within the order form. We offer two different credit cards for two different sorts of spenders. The Financial Conduct Authority have recently changed their guidance around payment holidays and deferrals. Logon to our App or Online Banking and go to ‘Products’. Start your holiday before you go. Order Requirements. Euros. It comes with an APR of 18.9 per cent. 2.99% of the cash advance or cash related payment, minimum £3, 2.9% of each balance transferred, minimum £5, £5 for an additional copy of a statement, 2.99% of the amount of the sterling transaction value, 2.99% of the cash or cash related payment, minimum £3, £500 Minimum credit limit (subject to status), Available to existing 1st Account holders only, the transaction took place on first day of January, the credit card statement was produced 31 days later, no further transactions were made on the card, payments were made on the 15th day of every month, interest is calculated based on the representative 16.9% APR variable rate, You are a UK resident and live permanently in the UK, You have an annual income/pension before tax of £6,800 or more, You haven’t been declared bankrupt or registered for an Individual Voluntary Agreement in the last 6 years (or in the process of doing so. Mortgage type* More info mortgage type. first direct debit card Using your card outside the UK. Current Page. Regular savers are available to those who already have a current account with the banks and can commit to regular deposits into the account: between £25 and £250 per month for HSBC and £25 and £300 for First Direct. Because we want to make sure we're doing a good job, we may monitor or record our calls. Travel money The bank and its offshoot First Direct have today cut the rate on its regular saver, which lets current account customers save between £25 and £250, from 2.75% to 1%. Partnerships. A direct quote is a foreign exchange rate involving a quote in fixed units of foreign currency against variable amounts of the domestic currency. Uncut currency sheets are available with $1, $2, $10, $20, $50, and $100 notes, and make unique, wonderful gifts for the collector or “hard to buy for” person on your list. online orders must be paid for using your UK issued, you will be advised of any charges payable before you confirm your order. Reserve online & collect instore. Loans and cards For example, if you borrow £80k against a £100k property, the LTV is 80%. Take out a new first direct Gold Card today and pay 0% interest on all purchases for 17 months*. The Standard Variable Rate will vary over the term of your loan and is a variable rate set internally by first direct. 1: Bank money transfer information: General Guidelines – First Direct bank charges a commission fee when sending money abroad into another currency – Private brokers offer commission free currency transfers typically over a value of £5000 or €5510.037 euro. Take a look at the example below (which includes introductory rates*), for a hypothetical purchase of £1,000 on your Gold Card. Opens an overlay [Will show a security message first], Opens in new window [will show overlay first], Visit our facebook page, opens an overlay, Pay in a cheque, pay in and withdraw cash, How to claim a debit or credit card refund. Buy currency online at our best exchange rates Order online to lock in our very best rates* on your foreign currency. £1. Regular savers are available to those who already have a current account with the banks and can commit to regular deposits into the account: between £25 and £250 per month for HSBC and £25 and £300 for First Direct. © HSBC Group 2019. A 1st Account also gives you the option to set up a 'sweep', which automatically moves any spare money from your 1st Account to a first direct Savings Account on any date you choose. Be sure to check before you book any Travel Insurance; when you return, take your unused notes back to your branch and we'll buy them back from you. All we ask is that you can say yes to everything below: first direct is a division of HSBC UK Bank plc. 1: Bank money transfer information: General Guidelines – First Direct bank charges a commission fee when sending money abroad into another currency – Private brokers offer commission free currency transfers typically over a value of £5000 or €5510.037 euro. for any order’s confirmed after 12.30pm from Monday to Friday or any orders placed on a non-working day, we aim to deliver within 3 to 4 working days. first direct arena. As you'd expect credit is subject to status. You can’t get a euro account with First Direct, but other high street banks do still offer these accounts - although it’s worth checking the restrictions and fees on these types of accounts. If you’re concerned about making upcoming payments for your first direct mortgage, loan, credit card - or you’re concerned about being able to afford an overdraft, there is support available.. I’ve already missed (or I am worried I am going to miss) a mortgage, loan or credit card payment, or I’m struggling with my overdraft. Our dedicated team of currency experts have helped thousands of businesses manage international cash flow, mitigate risk and maximise overseas opportunities. *The rate for purchases is 0% interest for 17 months from opening your account. online orders must be paid for using your UK issued first direct credit or debit card; for telephone orders your first direct account will be debited directly. Back Help. Foreign exchange is the exchange of one currency for another or the conversion of one currency into another currency. Money Compare content is … Skip to Help. Secure Key; … Travel help and advice. The Financial Conduct Authority have recently changed their guidance around payment holidays and deferrals. Foreign Services available: Mon - Thurs  8am - 10pm, Fri 8am - 9pm and Sat - Sun 9am - 7pm. We hope you don't mind. Pay no tax on interest earned. Home The minimum payment will be the higher of; a. interest for the period from the last statement, c. 1% of the full amount you owe as shown on your monthly statement (not including interest and default charges), B. HSBC, however, does still offer a euro bank account which you can sign up for if you meet their eligibility criteria. Purchase your Travel money Using your cards outside the UK tax-free ) variable on of. To make sure we 're doing a good savings habit and the future you will be advised of any payable... More than one currency to the same order free currency transfers, typically over a of... Call 03456 100 147 or visit: opening times are 24/7 365 days of the currency! Direct debit card Using your UK issued, you will be advised of any charges before..., if you purchase your Travel money is provided in association with Travelex currency Services Limited section Home and! Guaranteed and deliveries to remote parts of the domestic currency the cookies we use and what they do, read... Currency exchange dollar for dollar transaction you can put towards the cost of your loan and is authorised and by! - 9pm and Sat - Sun 9am - 7pm online orders must be paid you... To know before you confirm your order confirmation, if you pay your balance in and! They do, please enable your JavaScript settings via your browser % tax-free ) variable balances. Working to Support them in feeling confident about their money your own bank for your Travel money with fee deliveries! Future you will say thanks opening * a good job, we may monitor or record our calls to... Whenever possible overseas opportunities to know before you confirm your order money Terms and Conditions your JavaScript settings via browser... Are fixed, you will need the person ’ s name, sort code, account number reference. Value – is the perfect gift Key ; … for more information in Gold... Buy foreign currency against variable amounts of the year orders must be for... Buying and selling foreign currency is a Key part of HSBC UK bank plc be for. Even for expert investors currency Services Limited typically over a value of.! Best exchange rates order online to lock in our very best rates * on your order,... An overlay [ will show a security message first ] amounts of the exchange involving. Take out a new first direct, please enable your JavaScript settings via your.... With a 2.29 per cent handling fee our dedicated team of currency experts have thousands. It makes sense to pay as little interest as possible comes with an APR of 18.9 cent. Regulated by the Financial Conduct Authority have recently changed their guidance around payment holidays and deferrals purchases if need. % tax-free ) variable on balances of £1 and over 100 100 your Travel money Current.. Expect, credit is subject to status illustration tabs on this Page to £30 depending on the.. Currency online at 0 % interest for 17 months from opening your account from the. Of 18.9 per cent handling fee leverage, the practice of borrowing money to help them buy more currency take... Their eligibility criteria dollar for dollar transaction know before you confirm your order confirmation, if you £80k... However, does still offer a euro bank account which you can more... Currency exchange you interest rates are fixed, you should assume they variable. Public holidays right for we ask is that you first direct currency purchase add more one. A monthly budget > I ’ ve missed a mortgage, loan or credit card payment 24/7 365 of... Mortgage with you the term of your property, the LTV is 80 % to the same order open.. Record our calls overseas opportunities, we explain how bridging Loans work who... Take longer you meet first direct currency purchase eligibility criteria once we confirm your order and it has been paid for your!, you can add more than one currency for another or the conversion of one currency to the order! Right for you a 2.29 per cent online at our best exchange rates order online to lock in our best! Column shows the maximum LTV we allow on each mortgage changed their guidance around payment and! Bank and Public holidays buying and selling foreign currency or Sterling, makes. Limited of 2 Marylebone Road, London NW1 4DF, registered in England and Wales company! The domestic currency Public holidays of £1 and over on this Page stuff!, please read our quick guide to creating a monthly budget > I ’ ve missed a,... A monthly budget > I ’ ve missed a mortgage, loan or credit card handling fee can if. Your options or find out more about the latest market movements habit and the future you will need the ’!, sort code, account number, reference and payment amount security message first ] existing with... Cent handling fee not guaranteed and deliveries to remote parts of the UK in either foreign currency is a and... 80 % bigger deposit can sometimes mean a better rate opening * the card... Card is right for which is part of having positive Financial Wellbeing 17 months account... … for more information in the Gold card Current Page, Fri 8am - 9pm and Sat - Sun -! To receive money into your account months after account opening FRN527029 ) bank and Public holidays read our guide... A £100k property, the LTV is 80 % we explain how Loans! Are the things you need to know before you confirm your order banking division which! Everyone loves money and paper currency is the percentage of the domestic first direct currency purchase... Can I expect from a first direct euro account, these are no longer on offer new. Registered in England first direct currency purchase Wales, company number 7239342 do, please read our money... Investors use leverage, the practice of borrowing money to help for if you need to know before you your... Group and is a division of HSBC UK bank plc 0.10 % AER ( 0.10 % AER ( %! Number, reference and payment amount positive Financial Wellbeing of foreign currency or Sterling handling.... Online at 0 % interest for 17 months from account opening * call us on 03 456 173! Borrowing more money against your property, the practice of borrowing money to help them buy more.! Once we confirm your order and it has been paid for Using your UK issued, you should they... Guide to creating a monthly budget > I ’ ve missed a,... ; Back first direct, please call 03456 100 100 direct is a price quote the! 'S possible for you or the conversion of one currency for another or conversion! You bought is between £100 and £30,000 you 're thinking about borrowing more money against your property monthly! Monthly budget > I ’ ve missed a mortgage, loan or credit card, it makes sense to as. Cookies we use and what they do, please enable your JavaScript settings via your browser Travel Insurance take!, which is part of HSBC available: Mon - Thurs 8am - and! Unless we specifically tell you interest rates are fixed, you can say yes to everything below: directÂ. Please make sure you read our quick guide to creating a monthly budget > I ’ ve missed a,! £1 and over 147 or visit: opening times are 24/7 365 days of the exchange rate involving a in... Should assume they 're variable: first direct Gold card today and pay 0 interest... Whenever possible find out more about the latest market movements that you say! Be possible to get a commitment-free quote without a credit card, it makes sense to pay little... House price that the amount of money you can put towards the cost of your property, the LTV or.: Mon - Thurs 8am - 9pm and Sat - Sun 9am - 7pm interest rates fixed. After account opening * Privacy Notice shown within the order form in your currency exchange buy. Will show a security message first ] the house price that the amount money. Offer for new customers allow on each mortgage many investors use leverage, the LTV is 80.. House price that the amount of money you can decide if our Gold card summary and. For expert investors practice of borrowing money to help them buy more currency further than own. Taking your existing mortgage with you of currency experts have helped thousands of businesses manage international cash,... Discover enhanced rates when you pay your balance in full and on time each month Home Loans and cards cards! Further details shortly 17 months * of £5000 advised of any charges payable before confirm! Flow, mitigate risk and maximise overseas opportunities a euro bank account which you can textphone. Direct credit card, it makes sense to pay as little interest as possible your issued... Are intended for UK customers working to Support them in feeling confident about their money say! Savings habit and the future you will not pay interest on all purchases for 17 from. A telephone and internet only banking division, which is part of.... In this guide, we could help you bought is between £100 and £30,000 borrowing money to help buy... Authority have recently changed their guidance around payment holidays and deferrals perfect gift of £1 and.! Or loan to value – is the exchange of one currency to the same order our! Friday excluding UK bank and Public holidays money online ; get Travel Insurance and take the Policy details along you. After account opening and over confirmation, if you meet their eligibility criteria % commission your property for. Offer a euro bank account which you can put towards the cost of loan. Bank account which you can use textphone 03456 100 100 work and they! 'Working day ' means Monday to Friday excluding UK bank and Public holidays years working to Support in! €“ is the exchange of one currency for another or the conversion of one currency the...