Money to transfer? Check your chosen broker has professional indemnity cover
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A recent article posted in dofonline.co.uk offers some sound advice on how to choose a money transfer broker. After all, there’s plenty of choice in the market.
In a list of points that includes checking the broker is authorised by the FSA and that client money is held in a designated client account, the article also recommends that you should definitely make sure the broker has robust professional indemnity insurance cover in place.
We can’t argue with that.
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