Harrods Bank begins international money transfers

Source: World First

Harrods Bank has today announced the launch of its International Money Transfer (IMT) Service.

The service, powered by World First, will allow Harrods Bank customers to benefit from a simple, fast and cost effective way to transfer money overseas.

Amidst ongoing rate uncertainty caused by currency fluctuations, the new service will ensure Harrods Bank customers can take advantage of World First’s competitive rates with the same level of personal service and excellence that is synonymous with the Harrods brand.

In partnering with World First, Harrods Bank is bringing the innovative technology of a FinTech leader to its customers, while ensuring the highest levels of service and trust. Together, the award winning international payments service and Harrods Bank will deliver a fully responsive microsite and trading platform that will allow customers to send money abroad in different currencies from the IMT portal at any time.

Simon Martin, Director of Distribution said: “Harrods Bank customers bank with us from across the globe, and we are delighted to be now able to offer them this new international money transfer service. There are no fees for international transfers, and the service offers competitive rates, alongside the peace of mind that Harrods Bank provides.

Seth Harvey, Global Head of Partnerships at World First said: “We’re delighted to partner with Harrods Bank, an organisation that shares our mission of putting the customer experience at the forefront of everything we do. Today’s announcement is also a great example of how heritage brands like Harrods are collaborating with FinTech specialists like World First to combine great technology with exceptional client service to provide clients with an industry-leading solution for international transfers”.

The Harrods Bank IMT service is open to all personal customers based in the EEA. The minimum transfer limit is £1,000.

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