Are regular payments for you?
Whether you’re paying an overseas mortgage, supporting family, covering tuition fees, or managing living expenses, GC Partners offers a reliable and cost-effective way to make regular international transfers.
You can easily manage your:
Living Expenses & Bills: Conveniently cover daily costs abroad.
Overseas Mortgage Payments: Keep your property investments on track.
Family Support Abroad: Seamless transfers for loved ones, wherever you are in the world
Tuition Fees: Stress-free payments for international education.
Pensions: Make retirement easy
Wondering how much you could save?
GC Partners versus the bank*
Client transfers £1,000 per month
GC Partners
CLIENT RECEIVES
€1,188.50
1.1885 zero fee
High Street Bank
CLIENT RECEIVES
€1,146.40
1.1574 + £9.50 fee
A saving of €500 over 12 months using GC Partners**
*Example taken in November 2024 against a reputable High Street bank
** Savings don’t include fluctuations in exchange rates during a 12-month period and charges which can be as much as €18.00 every time you receive the funds into your overseas account Which could add up to another €216 over 12 months.
Setting up a regular payment
Making regular payments abroad is simple and hassle-free. Just follow these quick steps to get started.
Create or login to your online account, any time of day, from anywhere
Tell us your requirements, choose payment frequency, amount, and destination
Relax we handle the rest - transferring your funds to your overseas account
Why GC Partners?
Fully automated payments
Take the hassle out of regular payments. Set up a direct debit to automatically transfer money on a monthly or quarterly basis.
Fixed exchange rates
Lock in your exchange rate for an agreed period of time so you’ll always know exactly how much will be transferred, regardless of currency fluctuations.
Transparent savings
Transfer fees can quickly add up if you’re making regular payments. With us there are no transfer fees or hidden charges.
Expert support
We know how to make currency exchange work for you. Your dedicated account manager is there to guide you every step of the way.
Tailored solutions
Customise recurring payments to suit you. Set your payment schedule, frequency, and duration, so you no longer need to remember to make payments manually.
Frequently Asked Questions
I’m interested in fixing my rate for 12 months how does it work?
If you are sending funds over on a regular basis but want to budget and plan ahead, knowing exactly how much you’ll receive every month a Forward Contract could be a great option for you.
For example, if you wish to fix your exchange rate for a 12-month period, we'll agree on the rate now. Then, each month, when your standing order arrives in your account, the payment will be drawn from your forward contract until it is completed.
You then have the flexibility to return to your monthly variable rates or opt to fix for another 12 months.
What happens if I need to top up my account in between?
We all have unexpected bills or additional expenses. Your GC Partners account gives you access anytime and from any device and location. Log in to your account, check the exchange rate, buy your chosen currency, and transfer it to your desired destination. Alternatively, give your account manager a call to assist you.
What are the charges to set up a regular overseas transfer?
There are no charges to set up a regular overseas transfer. Simply set up a standing order from your bank to our bank in the same currency.
What if I need to stop a recurring payment?
Instruct your bank to cancel the standing order from your bank to GC Partners and contact GC Partners to let them know.
How do I know if the funds have been sent out?
You will be emailed when your funds have been sent out. You can also check the status of your transfer at any time via your online account.
Is there a minimum/maximum currency limit
There is no limit to how much currency you can send with a regular foreign currency payment. Our regular payments service is flexible, so you can send as little as £300 per month, bi-monthly or quarterly.