In Arizona it is pretty easy and costs about $300

From his forum post, the answer appears to be no. They are not registered or licensed in the US.

It's a shame he hasn't answered the question. In another forum he is posting information on $ exchange rates. We need to know if they are licensed or not.

Hi Lansbury,

Sorry for the late response, as well as being active on BE I am dealing with other aspects of my job which i wont bore you all with and also I am waiting for the full breakdown from our compliance of what we can and can't do in regards to the US. As soon as I receive this I will inform all of you.

I'm waiting on confirmation for the rules on US citizens moving funds out of the US or US citizens bringing funds over from another country with no registered address to the country they are bringing the funds over from.

FYI - We can buy and sell USD, hence why I put on our partner forum the USD prices yesterday. For anyone that is looking at moving funds across to the US we can handle that, and have completed many transfers in the past from GBP to USD, EUR to USD and so on.

Any questions please feel free to ask. i appreciate your patience on this matter.

Thanks

Joe

I am surprised that you do not have the answers to those questions before you promote your service here.

Well MidAtlantic, Excel Currencies business is to help clients that need to move funds from one currency to another and a high percentage of that business to help clients that need to move funds out from the UK to any other country.

We handle most cross currencies and can sell many other currencies back in to sterling as well.

As you can appreciate MidAtlantic, this site that we are paying to advertise on, is aimed at the British expats, meaning at some point or another members are either looking to move overseas or have moved overseas but still have registered UK address, which we can handle and have handled for many years, in regards to this forum about the USA, to be clear if someone wants to move funds over to the USA, but live in the UK, that’s fine. If someone moves over to the USA and still has a registered UK address, that’s fine.

The problem is when someone lives in the US and has no ties to the UK and is a registered US citizen only.

We are working on a way into this and it will be a possibility in the very very near future maybe even by the end of next week but at this juncture let’s be clear that we can transfer funds back and forth from the USA if the person that wants to move the funds back and forth has a registered UK address.

So I would say that is pretty relevant to some people on this forum.

As some of you can see I probably haven’t had the best of starts these forums, but it will take me time to get used to!

Go easy with me at least for the rest of the week

With all due respect, you sound rather amateurish.

If you are not licensed in any US state I don't think you should be promoting your services in the US forums.

With all due respect, this thread started in regards to Currency Fair, our competitors. Since this thread has started I have been contacted by three different people who have seen my posts and have enquired about moving funds from the UK to the US, because they are moving to the states.

This is the exact reason we are advertising on BE.

OK but I guess most here on the US forums already live in the US. I suspect many like me no longer have a UK address, but do have a UK bank account into which some form of income is paid, and this we need to move to our US bank. Fortunately there are companies that can do this, or at least to some States in the US. When you are able to transfer money from the UK to US for those of us living in the US, and who maybe US citizens or dual UK/US citizens, then I am sure many would like to know. But your companies limitations should have been made clear.

That's the situation we're in, with a UK citizen resident in the US. We may also need to transfer money from the US to the UK bank account he shares with his mother for some of her living expenses, if necessary. But for now, I see too many red flags to work with this so-called "currency partner", sorry.

Please, Speedwell could you elaborate on all these red flags you have come across?

This so called “currency partner" can't be any clearer -

If you have a need to move funds to the US and are based in the UK we can help.

ie people moving over, moving deposits, property purchases etc

If you have a need to move funds back out of the US and you have a UK residency we can help.

If you have no ties to the UK, then as many of you know, we cannot handle this at this juncture. We are very very close to a way in, and could happen very soon. There is no point elaborating how close we are or what we will be able to do in the future until it is a fact, so I will update on this when there is confirmation on this.

I understand the above may not be relevant to everyone on the USA forum, but there is people on here that it will be relevant to.

By which you imply that there really are no red flags, I suppose, and you think you're going to make an effect by pretending to be outraged. I think you're going to get a different effect, sir. You are invited to take your contempt and shove it back up where it came from. It means you represent yourself as a "partner" to the website (i.e. a contributing partner, maybe one that supports the site in a meaningful, tangible, way, such as by paying a significant amount of money toward its operation) and you're riding, unearned, on the coattails of its hard-earned reputation for trustworthiness by implying that you have the exceptional endorsement of the trusted regulars and moderators. Also, I am well versed in forum debate tactics, my friend, and I'm going to shut down your "call for evidence" tactic right now by saying you have made it perfectly clear in this thread alone to anyone with three brain cells and two pennies to rub together how much of an amateur you are. Maybe the Brits tolerate such a thing but this Yank resents being misled in this way by any business and chooses to take her business elsewhere.

Let me emphasize, in case you're still standing there with your mouth open protesting your innocence, that you have both admitted to negotiating with new "clients" from this forum and also to being legally unqualified to do the most important part, for most members of this forum, of the work you attempted to imply you were able to do. Not intelligent.

This is your first post in this thread. Please show me where in it you say that you have any limitations on trading currency to the USA. Those limitations where only acknowledged after you were questioned about your ability to trade with the USA.

You only get one chance to make a first impression