Charity Payment
All payments to charities will be made by BACS through Charities Trust, who has been appointed as the entity to disburse de donations.
Charities Trust will charge 4% of the amount transferred. This cost will be fully absorbed by Currencies Direct ensuring the full amount donated reaches the charity selected by the customer.
Donations will be made one month in arrears, and no later than the last working day of the month following the date the transaction took place.
Because the money is being donated by Currencies Direct, which runs FX4Charity, not the customer, Gift Aid can not be applied to the donation. However Currencies Direct will claim back Corporate Tax Relief on its charitable donations and will pay this to the charity on a pro-rata basis
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