Global Exchange Launches New Online Currency Conversion Service in Spain

Global Exchange, a leading exchange in Spain, has launched a new online currency conversion service in Spain to help customers manage their orders. While this service was initially launched in Spain, it will be gradually rolled out to the company’s 14 subsidiaries in Latin America, Northern Africa and the Middle East. The service allows customers to manage all aspects of their currency exchange orders without leaving their home. In addition, it lets customers make online reservations for any currency.

The new regulations include the registration of individuals and legal entities that offer services relating to virtual currencies. Legal entities that offer virtual currency exchanges and custodian wallets must register with the Bank of Spain. The Bank of Spain introduced this requirement last October through the Electronic Register. The registration process also includes a digital verification system that verifies the identity of the company’s owners. The Spanish government intends to make it possible for people and companies to exchange their currency on the internet. https://gidfinance-es.com

Besides Spain, MoneyGram and Western Union also offer mobile phone top-up services. The process is quick and easy. Just enter the mobile phone number and the desired amount, and you’re good to go. In addition, both MoneyGram and Western Union have mobile apps to track, pay, and recall erroneous transfers. To transfer money to Spain, you’ll need a government-issued ID document. A driving license, social security card, or passport can work.

Before sending money to Spain, make sure to check the exchange rate before committing to a particular provider. While the exchange rate may be high, the fees charged are usually reasonable. If you’re sending money to a loved one in Spain, the best option is to use an MTO. MTOs like Azimo can also be used. The exchange rate is competitive and they deliver the funds quickly. If you don’t want to pay a transfer fee, Azimo offers fee-free transfers for new customers.