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Magna Financial

Hosted by David Simmons

4.5 (642 Reviews)

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Reviews 642

4.5

Out of 5.0

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PAUL GILES
Feb 27,2025

We are in the process of buying our first apartment in Lanzarote. We needed to find a company who do currency transfers for our deposit from the UK GBP to Euros. This is a scary thing when you are transfering thousands of pounds to an account you don't know. We was advised to deal with a company called Magna Financial Ltd. We spoke to Marco & Saeed, both of them have been brilliant we cant thank them enough. They always kept us informed and our money was transferred to our Spanish bank account within 24 hours also with a very good currency exchange rate. I can highly recommend Magna Financial. Marco and Saeed just brilliant, if you are looking to transfer currency just use Magna financial you are in very safe hands. Thanks guys for everything 👍👍 Paul and Ryan

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Chris
Feb 27,2025

Helpful and friendly service. Would definitely recommend.

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Liz Peak
Feb 26,2025

A great service provided by Saeed and his team at Magna Finance. Very competitive rates were given and the process was explained well. Saeed was always available for any questions or queries I had. I would definitely use Magna again

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CMD
Feb 08,2025

My experience for the past year with Magna Financial has been exceptional. The staff has been professional, attentive, and supportive in a way that was easy for me to understand and to facilitate my financial needs.

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Victoria Hannaford
Feb 05,2025

This was the second time using Magna Financial buying a property abroad and both times Osman has been amazing. Osman listens very carefully and even when it can get a little stressful Osman is very calm in explaining everything in detail. I would highly recommend to use Magna Financial if you intend to buy abroad.

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Sue
Feb 03,2025

Saeed and his team were just excellent - such great service, even on a Sunday my messages were answered. If you want to take the hassle out of money exchange then Magna and Saeed are highly recommended

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Leon
Jan 31,2025

Ashish from Magna finance was very helpful and friendly, he was following up in daily basis until successful transfer of funds. He explained the entire process professionally and accurately.

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Lorraine Cowdery
Jan 30,2025

This was our first time using a financial agent for international transfer transactions and the process has been efficient and very smooth. It can be quite a nervous feeling sending funds from one country to another but Saeed was with us every step of the way. Saeed was quick to respond to any questions that we had. We would not hesitate to use Saeed and Magna Financial again. Lorraine and John Cowdery

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Bahjat Joubi
Jan 29,2025

Great experience with Ashish, he is always available to support and provide excellent experience, highly recommend him

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customer
Jan 29,2025

This was my first time working with Magna Financial and I can not recommend them enough. Osman and his team were a pleasure to work with. From my first conversation with Osman, I knew I made the right decision. He put all of my worries and nerves at ease. He has been super helpful when explaining the processes and was always patient with me when talking through the next steps and how the numbers worked. The team was always at hand and communication was never an issue. I can only describe my relationship as open and transparent, with clear guidance. Thank you Magna

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Consumer
Jan 24,2025

My Mother used them to buy a house in Spain. I was harassed weekly by Osman to transfer with them and then when I asked for a better rate he tried to baffle me with currency speak!! We were told by Osman it would cost around £800..well it cost them nearly £3000!!!! Went to the FCA but as they used old currency it couldn’t be proven!!!! Will NEVER recommend them!!!!!

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michaela Bennett
Jan 23,2025

We used Magna Financial for a currency exchange in Sept 2023 to Jan 2024. We were hugely ripped off ÂŁ5210. Told lie after lie, no explanations, no proof where these misding funds went. After a long struggle involving The Financial Conduct Authority (FCA) we finally got the money refunded after a year. Extremely stressful time. While holding our funds O Hanif told us when challenged " I will let bank keep your money". Absolutely awful company avoid avoid avoid.

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Ian Short
Jan 20,2025

A great big thank you to Saeed and the team at Magna Financial. We have just sold our apartment on Lanzarote and Saeed was brilliant with his advice and guidance when leading us through the tricky business of money exchange. His professional yet friendly approach was much appreciated and we would strongly recommend Saeed and the team if you are thinking of engaging with them. Many thanks Ian + Sue Short

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steven smith
Jan 20,2025

It’s a strange feeling transferring your life savings to a company you’ve never dealt with before and someone you’ve never met. However, magna financial came with great recommendations from our Spanish mortgage broker. They offered great rates and personal service. I am pleased to report that they delivered excellently on both counts. Their response rate to calls emails & WhatsApp was exemplary and the ease of using their system was remarkable. I’ve have had lots of problems with banks in the past but Magna cut all that out completely. I would happily recommend this company to anyone and will definitely be using them again in the future. Thanks to Osman & the team.

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Michelle
Jan 14,2025

Efficient and fast service. This was the first time I have needed to exchange foreign currency and transfer Euros to a solicitor in Spain. The process was explained to me clearly and the deadline was met.

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Debbie
Dec 12,2024

We have used Magna Financial quite a few times and found their service brilliant, quick, reliable and the staff have been more than helpful ( thanks Magna ) Would recommend Magna any time.

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Russell James
Dec 09,2024

Really great advice and competitive rates. It can be a bit daunting transferring such large sums of money, but Magna Financial were very supportive and professional. Would highly recommend them.

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Haroon Raja
Dec 07,2024

Saeed has been of a great help from the beginning to the end of the whole process. Very professional, proactive and certainly delivered what has been discussed, His overall market knowledge is extensive and will give you the advise one is looking for international transactions. Thanks Saeed

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Justin
Dec 02,2024

Although Magna Financial had come recommended via a known source, I still did my background checks on them as they would be handling a large amount of my money for a property purchase abroad, and they checked out excellently in all areas. Saeed Abbasssi was friendly, professional and extremely helpful right from the word go. He called back exactly when he said he would, kept me informed on what the market was doing, but most importantly for me, understood my concerns about transferring large sums of money across to a third party, and gave excellent communication throughout the whole process. That and the fact that his rate was more competitive than the other financial organisations I was dealing with meant I saved money with Magna Financial as well. All in all I would highly recommend Saeed and Magna Financial, and indeed I have already done so to my friends who will be needing foreign exchange in the future. Great service. Thank you.

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bob Darkins
Nov 28,2024

If like me you get anxious when exchanging Sterling into Euro's to an account overseas. Magna will put your mind at ease. The staff are friendly, knowledgeable and very polite, more importantly explain every aspect of the transaction to you. My calls were answered immediately by a human being not a robotic voice, and if they have to call you back they do. I was very impressed. I would use them again and sincerely recommend them to

0203 371 9200 [email protected]

1 Knightsbridge Green, SW1X7QN, London, GB

http://magnafinancial.co.uk

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