Security

Security: Why is MoneyMo Reliable for Selling Foreign Currency for Euros in Paris?

Why is MoneyMo Reliable for Selling Foreign Currency?

MoneyMo is a Payment Institution regulated and approved by the Prudential Control and Resolution Authority (ACPR), specializing in buying foreign currency for euros, transfers, payments, and international collections. These services are offered to both individuals and businesses. Additionally, we have an Internal Control Body, a Good Practices and Anti-Money Laundering Manual, as well as a Compliance Department supported by a robust IT system.

Required Documentation to Sell Foreign Currency for Euros

To comply with current regulations, all individuals wishing to sell foreign currency for euros in France must provide certain documents and information, such as their profession and contact details. According to Articles L. 561-2 and following of the Monetary and Financial Code on Anti-Money Laundering and Counter-Terrorism Financing, we must identify the person conducting each currency exchange transaction. Therefore, during your visit to our office, it is necessary to provide a photocopy of your ID (National ID/Passport/Residence Permit) both front and back.

Process of Selling Foreign Currency at Our Office

At MoneyMo, all transactions for selling foreign currency for euros are conducted exclusively in cash and at our office. We do not offer remote selling services to ensure the security and authenticity of transactions. Visit our currency exchange office located in the heart of Paris to benefit from the best exchange rates.

Rates, Exchange Rates, and Commissions

MoneyMo Rates

Every day, our Rates Department is exclusively dedicated to reviewing all bank and sector company rates to improve them. In fact, we are so confident that MoneyMo offers the best rates for selling foreign currency for euros that if you find a better rate in Paris, we will match it.

Exchange Rates at Our Office

The exchange rates displayed online are for reference. However, the rates applied at our MoneyMo office take into account the costs of transport, maintenance, insurance, and taxes. By visiting our exchange office, you can be assured of obtaining a competitive and transparent rate. Moreover, you can get the best exchange rates with our discount card, which you can easily and freely obtain in 30 seconds on our website.

Commissions at MoneyMo

At MoneyMo, you can sell foreign currency without hidden commissions. Our exchange rates are fixed daily, and our commission is already included in this exchange rate. In other words, the price you see is the set rate for the transaction. There will be no variations. Before conducting the exchange operation, we will inform you of the applicable rate and exchange rates.

Monitoring and Security

Transactions at MoneyMo are carried out with the highest security. We have a dedicated Department for monitoring transactions to ensure the security of your operations. Identity verification is mandatory for each transaction, ensuring that only authorized persons can conduct currency sales.

Currency Stock

At MoneyMo, we accept more than 80 different foreign currencies, offering the largest stock of foreign currencies in France. Our Treasury Department is in direct contact with major banks worldwide, ensuring the authenticity and validity of the banknotes.

Payment

All currency buy-back transactions are conducted in cash. You will receive your euros immediately after the verification and authentication of the sold currencies. The MoneyMo team is constantly alert to detect, analyze, and report suspicious transactions, supported by a powerful system of procedures and control.

Return or Buy-Back

MoneyMo also offers a currency return service at the same price. For sales over 600 euros in the currencies accepted for this service, you can return up to 50% of the sold currencies within 45 days following the transaction date. To conduct the buy-back operation, you must also present a valid ID and the sales receipt. This guarantee is personal and non-transferable, and applies only once per transaction.

Important: Currency buy and sell transactions are considered separate transactions, even if they are conducted during the same visit.

Exclusions: The following currencies are excluded from the buy-back: ARS, BAM, BDT, BMD, BOB, BSD, BZD, CVE, GHS, KYD, MKD, MRU, MVR, PGK, PKR, PYG, SYP, UAH, UYU, XAF, XOF.

In summary

MoneyMo stands out for its reliability and commitment to offering secure and transparent services, tailored to the needs of each client. Visit us at our office located in the heart of Paris to benefit from the best exchange rates and quality service. For clients looking for the best exchange rates to convert dollars to euros, MoneyMo and Wechange Beaubourg are the top currency exchange offices offering the best rates in Paris.

Mohamed Founder

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