Global Reach Review

January 11, 2023

Rating

4 stars

QUICK SUMMARY

Global Reach is a renowned platform for international money transfer and foreign exchange for customers across the globe. To this date, the company has transferred almost £2.5bn to its customers.

 

Global Reach—Overview

Global Reach is a renowned platform for international money transfer and foreign exchange for customers across the globe. To this date, the company has transferred almost £2.5bn to its customers.

Who are they?

It was established in 2005 by professionals with backgrounds in advertising, foreign exchange markets, and accounting.

Hedging tools are offered by Global Reach to both private individuals and corporate clients. Businesses can also use the bulk payment solutions offered by the company. People can use their services to send money abroad for almost any legitimate reason. Through its online platform, you can access the most recent exchange rates for several currency pairs 24/7.

The mission of the Global reach:

The foreign exchange platform aims to work with Financial Conduct Authority (FCA) regulation and keeps customer accounts separate and secure. It aims to allow customers to make quick international payments that are secure.

From where do they operate?

It is a London-based foreign exchange company but has offices across the UK and other countries. Global Reach’s headquarter has individuals who help you if you face any issues regarding your transactions. 

Which currencies do they allow?

Global Reach offers its services in more than 140 currencies. Global reach deals with US Dollar, Australian Dollar, Canadian Dollar, French Europe, British Pound, Euro, Hong Kong Dollar, Danish Krone, Kuwaiti Dinar, UAE Dirham, New Zealand Dollar, Turkish Lira, Swiss Franc, Japanese Yen, South African Rand, Hong Kong Dollar, Norwegian Krone, Swedish Krona, Romanian Leu, Polish Zloty, and some others.

By whom are they regulated?

The holding company, Global Reach Group Limited (09907831), includes Global Reach Partners Limited (04344764), Global Reach Markets Limited (07026070), and Foreign Currency Exchange Limited (company number 5452483).

Ratings:

The customer satisfaction for Global Reach is 95 percent. Due to its excellent foreign exchange rates, Global reach has acquired an A2 credit rating with Dun & Bradstreet.

According to the ratings based on expert reviews by FXcomapred, Global Reach has achieved an overall 4.2/5. This rating shows that the customers of Global Reach trust the platform for transferring funds internationally and for the best foreign exchange rates with no charges.

More than 90% of customers who used the services of Global Reach provided excellent online reviews. It has more than 100 good reviews on the Review Centre reviews.

Fees and rates:

The rates provided by Global Reach are some of the bests in the industry, and customers do not pay any fixed fees. Global Reach charges a fixed transfer fee of £10 (or the equivalent in the currency used).

Some other key points:

What do we like about Global Reach?

Global reach ensures that it is happy to provide unique solutions for any requests and offers a highly personalized service with more than 140 currencies. Every payment made with Global Reach is on-time and secure.

What do we not like about Global Reach?

The absence of local bank agreements and offices worldwide is a drawback for Global Reach Partners. Translations for clients outside the UK will likely be slower and more expensive.

We will be happy to hear your thoughts

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