5.25 Is there an annual limit on how much foreign currency I can order?
Articles on: Orders
You can order up to £25,000 sterling GBP each year in as many orders as you need, with up to £2,500 in each order and a limit of one order per day.
Once you have exchanged more than £5,000 with us in any 6 month period, our Client Services team may get in touch to ask you to provide additional information required by HMRC. You will not be able to place any further orders while that information is being processed.
If you exchange more than £8,000 in any 6 month period, we may ask you for further information which includes evidence of where your funds have come from and proof of residence. Again this information is required by HMRC.
Updated on: 21/04/2023
You can order up to £25,000 sterling GBP each year in as many orders as you need, with up to £2,500 in each order and a limit of one order per day.
Once you have exchanged more than £5,000 with us in any 6 month period, our Client Services team may get in touch to ask you to provide additional information required by HMRC. You will not be able to place any further orders while that information is being processed.
If you exchange more than £8,000 in any 6 month period, we may ask you for further information which includes evidence of where your funds have come from and proof of residence. Again this information is required by HMRC.
Updated on: 21/04/2023
Updated on: 25/04/2023
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