CURRENCIES DIRECT SPAIN, EDE, S.L. (Spain) is an electronic money institution authorized and regulated by the Banco de España. CURRENCIES DIRECT SPAIN, EDE is focused on currency and money transfers. The company offers online money transfers, international money transfers, local money transfers to individuals, businesses, online merchants.
Simple, secure currency transfers
Bank-beating rates, no transfer fees
Make fast, secure transfers 24/7
Buy currency in advance
Local collection accounts
Batch payments
Risk management tools
(*)as stated by the company itself
13 August 2024, by Anna Mileiko
TheBanks.eu has developed a proprietary methodology to assign ratings to payment institutions based on their operating environment, company background, business model, market niche, product range, transparency, customer support and customer sentiment. According to the methodology, CURRENCIES DIRECT SPAIN, EDE, S.L. is assigned the overall rating 3.76 (good) which is explained in details below.
| Operating Environment | Friendly | (3.74) |
| Product Range | Focused | (2.29) |
| Market Niche | Average | (3.24) |
| Company Background | Poor | (2.32) |
| Customer Support | Good | (3.81) |
| Customer Sentiment | Excellent | (4.92) |
| Transparency | Very High | (4.42) |
| Overall Rating | Good | (3.76) |
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TheBanks.eu has also identified the following pros and cons of the company:
CURRENCIES DIRECT SPAIN, EDE offers money transfers between more than 60 countries in more than 20 currencies. Money can be sent from bank accounts, debit cards and received to bank accounts. Transfers made with CURRENCIES DIRECT SPAIN, EDE are usually completed within 1-3 days.
Currencies Direct normally performs money transfers within 1-3 days.
AED (UAE dirham)
AUD (Australian dollar)
CAD (Canadian dollar)
CHF (Swiss franc)
CZK (Czech koruna)
DKK (Danish krone)
EUR (Euro)
GBP (Pound sterling)
HKD (Hong Kong dollar)
HRK (Croatian kuna)
ILS (Israeli shekels)
INR (Indian rupee)
JPY (Japanese yen)
NOK (Norwegian krone)
NZD (New Zealand dollar)
PLN (Polish złoty)
SAR (Saudi riyal)
SEK (Swedish krona/kronor)
SGD (Singapore dollar)
THB (Thai baht)
USD (US dollar)
ZAR (South African rand)CURRENCIES DIRECT SPAIN, EDE do not conduct operations with cryptocurrencies.
Spain
CURRENCIES DIRECT SPAIN, EDE, S.L. is authorized by the Banco de España as a e-money institution (reference number 6716) for issuance of electronic money, distribution and redemption of electronic money, execution of payment transactions on a payment account (not covered by a credit line); the authorization was granted on 24 October 2019.
CURRENCIES DIRECT SPAIN, EDE, S.L. is not a bank, it can't collect deposits from public or loan out its clients’ money. Hence, it does not have to participate in deposit guarantee schemes. However, CURRENCIES DIRECT SPAIN, EDE is required to safeguard its customers’ money.
Due to EEA passport rules CURRENCIES DIRECT SPAIN, EDE, S.L., can conduct its activities in any of the 30 EEA member states. CURRENCIES DIRECT SPAIN, EDE, S.L. can provide its services toUK-based customers via Currencies Direct Limited (United Kingdom).
AV DEL MEDITERRÁNEO 341, 4638, MOJÁCAR, SpainEnglishSpanish
French
Portuguese
ItalianNorwegianSwedish
German
ChineseCURRENCIES DIRECT SPAIN, EDE has profiles on the following social networks:
Lithuania
Lithuania
Lithuania
Netherlands
Lithuania
LithuaniaNo. CURRENCIES DIRECT SPAIN, EDE, S.L. is not a bank, but an electronic money institution authorized and supervised by the Banco de España (ref number: 6716).
CURRENCIES DIRECT SPAIN, EDE is required by law to keep its own funds separated from its customers' money. In case if the company becomes insolvent, the customers' money will be unaffected and will be refunded to clients.
"EDE" is an abbreviation for Spanish "Entidad de Dinero Electrónico", literally meaning "Electronic Money Entity" or "E-Money Institution". "SL" is a company legal from "Sociedad Limitada", close to "Private Limited Company".
currency and money transfers 
