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First Rate Exchange Services Ltd
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First Rate Exchange Services Ltd

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Trustpilot Rating

Reviews 1

Average

★★★★★

(3.2)

3.6

Entity type

Electronic Money Institution

Client type

Business

License

900412

Country

1

United Kingdom

Year

"2002"

Employee Count

201-500

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Services

Agreggated AccountExchangesLegal AdvisoryPrepaid cardsSEPA TransactionsSWIFT Transactions
3.6

Total Score

Pricing of the services

3

Social media presence

4

Popularity of the service

4

Onboarding difficulty

3

Support quality

4

About First Rate Exchange Services Ltd

First Rate Exchange Services Ltd is an electronic money institution focused on FX services for businesses. First Rate Exchange Services Ltd offers FX services, international payments, prepaid cards to banks, retailers, travel industry. In 2020 First Rate Exchange Services Ltd had total assets of 351.09 mln GBP, First Rate Exchange Services Ltd generated net income of 56.72 mln GBP. Incorporated in the United Kingdom, First Rate Exchange Services Ltd is authorized and regulated by the Financial Conduct Authority.

Currency

  • EUR

    (Euro)

  • USD

    (United States dollar)

  • AUD

    (Australian dollar)

  • GBP

    (British pound)

  • NZD

    (New Zealand dollar)

  • HKD

    (Hong Kong dollar)

Additional Information

  • First Rate Exchange Services Ltd is the largest foreign currency provider in the United Kingdom

Trustpilot reviews

CU

Apr 14, 2022

Disgraceful service

Disgraceful service DD NOT USE. If you want your money fast Supposed to be a 2 hr collection service Was told it would be next day Next day they said it hadn’t arrived and was been sent by special courier to local post office for next day collection Went next day / they said it had been sent to a different post office by mistake / they had realised and forwarded it on When asked where to They said they didn’t know ? Asked for my money back to get some currency from elsewhere and they said it would take 3 days to send the refund ( we now travelled next day ) I had to borrow some money and go to the local TUI shop to get some currency Still waiting for refund from post office No doubt there will be ZERO. Compensation for the disgraceful service and THEFT. Of our money on top of all the stress caused Will never use post office again

Finscanner is an independent digital platform aiming to provide up-to-date access to worldwide financial services to improve customer experience and boost transactions.

On this page, you can see a detailed review of First Rate Exchange Services Ltd Payment systems with reviews from real users and our experts. First Rate Exchange Services Ltd provides the following services: Agreggated Account, Exchanges, Legal Advisory, Prepaid cards, SEPA Transactions, SWIFT Transactions.

At the moment, First Rate Exchange Services Ltd rating on Finscanner is 3.6 and on Trustpilot is 3.2.