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For access to your online account please contact your personal account manager, alternatively email team@regencyfx.com.
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For access to your online account please contact your personal account manager, alternatively email team@regencyfx.com.
At Regency FX, we help you get the most value when converting your currency.
As an independent currency specialist, we have lower overheads than banks - allowing us to pass those savings directly to you.
We can also help you choose the right time to exchange your money, instead of accepting whatever rate your bank offers on the day.
All money transfers are conducted through safeguarded client accounts for your security.
There are four simple steps:
Before sending money from Hong Kong to the UK, you must verify your identity.
This is required by global anti-money laundering regulations and only applies to new customers.
Once verified, you can skip this step for future transfers.
For British expats, the process is usually simple and even quicker if you still have a UK address.
After setup, your bank or money transfer company will quote a current exchange rate (HKD/GBP).
Rates move throughout the day, so you can choose when to proceed.
Once you confirm, your rate is locked in and you’ll receive an email confirmation with all the transaction details.
Banks typically require your funds upfront before agreeing to a rate.
Money transfer specialists, however, often let you lock in a rate first, useful if you spot a favorable rate.
You’ll receive payment instructions and send your Hong Kong dollars to a safeguarded client account.
Once your funds arrive, they are converted into Pounds Sterling at the agreed rate and sent to your chosen UK bank account. That’s it. Simple, secure, and efficient.
Transfers usually take 2–3 working days, depending on time zones, holidays, and the banks involved.
Banks are generally slower than money transfer specialists, who can often complete the process faster.
You have two main options:
Using a specialist is usually faster (1-3 working days) and more cost-effective, especially for large transfers.
Money transfer specialists have lower fees, better exchange rates, and provide personal service throughout the process.
There are many choices - from online-only platforms like PayPal or human-assisted specialists like Regency FX.
Online-only options are fine for small transfers but offer limited help and can feel impersonal.
If you prefer speaking with a real expert who can guide you, a money transfer specialist is the better choice.
They can even monitor exchange rates for you and alert you when conditions improve.
There are two main costs:
Transfer fees vary depending on where you’re sending money.
Banks usually charge higher fees, sometimes two fees (one from the sending bank and one from the receiving bank).
For example:
Some banks also charge extra fees for changes, mistakes, or cancellations.
An exchange rate is simply what your Hong Kong dollars buy in Pounds.
Banks often offer uncompetitive rates, charging hidden margins of 2–4%.
On a $200,000 transfer, that could cost you $4,000–$4,400 in exchange rate losses alone.
A money transfer specialist can significantly reduce these costs.
Yes as long as they are FCA-regulated (Financial Conduct Authority). This means your funds are held in segregated client accounts, separate from company funds.
You can verify a company’s FCA registration online for extra peace of mind.
Exchange rates change constantly, even small fluctuations can have a big impact.
For example, a 1% rate change on a $250,000 transfer could cost you $5,000.
That’s why many people use currency brokers to track rates and advise on timing.
Banks and online-only platforms typically don’t offer this level of service.
Regency FX! One of the UK’s top currency brokers!
The important thing is the comparison, online rates shown online are not always accurate for the consumer.
They can often refer to the rates that banks exchange at rather than what is available to you, the customer.
As a first-class currency transfer service, here at Regency FX we endeavour to get competitive exchange rates regardless of how much you are transacting.
Get a quote and see how we stack up.
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