Quote Originally Posted by Bluebirdjones View Post
I'm being a little naive here, or missing something...

But you are effectively giving your money to an unregulated / unlicensed
company
(.. there is no record of the company on the FSA's website)
which is basically trading on your "trust" in it.

If they go under, or disappear one day .... your money also disappears.
You have no recourse to anyone.

..... and for what ?
A few extra pesos on the FX rate ?

.. and the charges ain't that great.

I think I'll stick with PNB (Europe) .... at least it's regulated.
true, i can't believe people still send money to anyone who advertises as a remit company...

use a bank like many on here, i only use PNB, had only one problem in 5 or 6 yrs