Cambridge Currencies is a currency broker with a hands-on team ready to help you complete your international transfer.
They may not have the most cutting edge online service, apps or website just yet, but they make up for it by going the extra mile to support you throughout the process.
Pricing structure
Cambridge Currencies, like many brokers, does not offer instant quotes online, which means their rates are not totally transparent. Instead, the exchange rate on offer will be quoted for each transfer.
You can be confident there will be no fees, but for a large transfer, it's the exchange rate that really makes the difference.
Having spoken with the team at Cambridge, we understand that currency markup generally falls within the 0.4% to 2.5% range.
This should make Cambridge Currencies a competitive option for many transfers (especially when compared to banks). Even moreso if you value the hands-on support and guidance on offer.
Limits
Most currency brokers can't be competitive for lower value transfers, and Cambridge is no exception.
Generally, they'll only be able to help you for transfers of £3,000 or above in equivalent value.
On the top side, there are no limits on the transfer size you make make with Cambridge. That's handy for large property purchases, business transactions or other high-value currency needs.
Security
Given that Cambridge Currencies is not yet the best known provider on the market, how can you be sure your money is safe?
Well, as is the case with many top brokers, Cambridge uses third party service Currencycloud, which is a regulated entity that safeguards your funds.
This means Cambridge Currencies is backed by a giant of the payments sector, offering protection against the unlikely event of an issue.
Regulations require that your funds are protected and kept in segregated accounts. So you can feel confident that Cambridge is using an industry standard, highly trusted platform to process international payments.
My interview with the founder of Cambridge Currencies
I was fortunate enough to catch up with Anthony Bull, Director at Cambridge Currencies, in November 2024.
Here's our conversation in full:
Luke Eales: Hi Anthony - great to have the chance to catch up. To get started, can you please tell our audience a bit about your background and the story of how Cambridge Currencies first launched to the market?
Anthony Bull: After working with various rapidly growing currency brokers, I noticed a recurring issue. While businesses had many options, individuals making large transfers—like buying property—often felt unsupported. Cambridge Currencies was created to change that. We focus on guiding clients through every step of the process, whether that’s meeting in person or providing clear, tailored advice. It’s about creating a seamless experience for those navigating significant financial decisions.
LE: People send money abroad and convert currencies for many reasons / in many different scenarios. Which use cases is Cambridge best suited to helping with?
AB: We focus on handling high-value transfers, particularly for property purchases, inheritance repatriation, and large business payments. Our clients come to us when they need guidance, competitive rates, and a service tailored to their unique circumstances.
LE: Which are your top country corridors at the moment? As a UK-based business, do you deal with customers who are sending funds that don’t touch the UK?
AB: Our busiest corridors are the UK to Europe—especially Spain, France, and Portugal—along with Australia and the US. That said, we also help clients transferring funds between non-UK countries. Wherever the money needs to go, we provide a smooth, reliable service.
LE: Overseas property transactions tend to make up a good proportion of many brokers’ trades - how is this for you, and does your broker team have experience in supporting these kinds of transactions?
AB: Overseas property transactions are one of our core areas of expertise. Our brokers have years of experience helping clients manage these transfers, from deposits to final payments. We’re skilled at navigating tight deadlines, ensuring funds arrive safely and on time.
LE: What are the most common mistakes that people make with money transfers and how can they be avoided?
AB: The biggest mistake is waiting too long to arrange the transfer, which can lead to poor rates or delays. Another common issue is relying on high-street banks, which often charge more. To avoid these pitfalls, plan ahead and work with a broker who can provide better rates and clear guidance.
LE: What does the team look like at Cambridge Currencies, and do you have plans to expand headcount?
AB: We’re a focused team of specialists who take pride in delivering a personal touch. As demand grows, we’re looking to expand our team to ensure we maintain the high level of service our clients expect.
LE: Please tell me a bit more about your trading desk and FX trading team - what should a customer expect when contacting a Cambridge Currencies specialist? From first contact through completion of a transfer.
AB: You’ll always be in good hands with our team. Whether you’re making a large property purchase or supporting loved ones abroad, our trading desk provides personalised guidance. We simplify the markets and ensure you make informed decisions, handling the process with care and expertise.
LE: As a UK brokerage that blends high-touch phone service with online solutions, how do you balance these two approaches? Are there any recent or planned technology upgrades that clients should be excited about?
AB: We enjoy building relationships with our clients through personal interactions, which fosters trust. At the same time, we’re always improving our technology to offer clients the convenience of online solutions. Whether over the phone or via our platform, we aim to provide the best of both worlds.
LE: What is your approximate split between private and corporate clients? Can you tell us a bit more about how Cambridge can help businesses, and any examples of the benefits they could obtain?
AB: While we were founded to fill a gap in the property market, business FX remains a significant part of what we do. Corporate clients trust us to manage regular payments, supplier invoices, and payroll. We’ve saved businesses thousands by offering better rates and tools to mitigate currency risks.
LE: What makes Cambridge stand out from the competition?
AB: We offer a comprehensive service tailored to individual needs. Our blend of competitive rates, advanced technology, and personal service ensures every transfer is handled with care. Unlike others, we make the process simple, secure, and stress-free.
LE: You currently have an impressive TrustPilot rating of 4.7/5 from 23 reviews. What are the common themes that make customers choose Cambridge and rate you highly?
AB: Our clients value different aspects of our service. Some appreciate the speed of transfers, others the great exchange rates, and many enjoy the personal touch from their account managers. It’s all about understanding what matters most to them.
LE: What are the plans for the business over the next 12 months, including any challenges to overcome?
AB: We aim to meet more clients face-to-face by attending financial events and expanding our network. Behind the scenes, we’re working hard to improve our technology. This means faster, easier transfers and even better rates. Our goal is to create the most user-friendly platform in the industry.
