Royal mail currency order
A Royal Mail Currency Order is a service provided by the Royal Mail, a postal service in the United Kingdom, that allows individuals to send money to other countries using a postal order. Here's how it works:
What is a Royal Mail Currency Order?
A Royal Mail Currency Order is a prepaid postal order that can be used to send money to another country. It's a convenient and secure way to send money abroad, as it's backed by the Royal Mail and can be used to pay for goods and services in the recipient's country.
How does it work?
To send a Royal Mail Currency Order, you'll need to:
- Fill out a Currency Order form, which can be obtained from a Royal Mail post office or downloaded from their website.
- Pay for the amount you want to send in the currency of the recipient's country.
- The Royal Mail will then issue a postal order in the recipient's currency, which will be sent to the recipient's address.
- The recipient can then use the postal order to pay for goods and services in their country.
Benefits of using a Royal Mail Currency Order
There are several benefits to using a Royal Mail Currency Order:
- Convenience: It's a quick and easy way to send money abroad.
- Security: The postal order is backed by the Royal Mail and can be used to pay for goods and services in the recipient's country.
- Flexibility: You can send money in a variety of currencies, including US dollars, euros, and many others.
- No need for a bank account: You don't need to have a bank account to use a Royal Mail Currency Order.
Fees and charges
There are fees and charges associated with using a Royal Mail Currency Order, including:
- A commission fee, which varies depending on the currency and amount being sent.
- A handling fee, which is a flat fee of £1.50 (or €2.50 in euros).
- A delivery fee, which varies depending on the destination and delivery method.
Conclusion
A Royal Mail Currency Order is a convenient and secure way to send money abroad. It's a good option for individuals who need to send money to family or friends living in another country, or for businesses that need to make international payments. Just be aware of the fees and charges associated with using this service.