Magna Financial Reviews 

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!!!!!

We used Magna Financial for a currency exchange in Sept 2023 to Jan 2024.
We were hugely ripped off £5210. 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.

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

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.

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.

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.

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.

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

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.

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

The communication with Magna Financial right from the start was fabulous,no queuing up, very helpful and polite, and very professional, even when things got a bit stressful, there was a speedy solution.
I would highly recommend them.

Good customer service. Take care there customer.

From the point I reached out to Magna and got in touch with Saeed from a recommendation I can only say from the first call and last call talking to Saeed he was world class , his service was excellent very helpfully he settled any doubts /nerves me and my wife had with a the euros being purchased , he worked around the clock to always put our mind at ease ,
His Personell skills and customer service is bar far the best I have ever experienced , very quick to deal with actions , requests ,

Saeed advice daily was great when to buy or not buy and the advice was perfect and worked in our favour and really helped u out as a family. His knowledge and advice of all the factors that could be effecting when to buy was again spot on

I would for sure be recommending people his way with the work he done with me was world class service could not have wanted more assurance on something I have never done and always felt he was at hand to help me.

Saeed was recommended to me by my estate agent in Spain. As a long-term single mum I've had my fair share of money worries, and was nervous about making a large (for me) currency transfer, but Saeed was very kind and reassuring from the outset. He took the time and trouble to talk me through the whole process, and also explained how secure my money would be in a segregated client account with Magna. He really couldn't have been more patient, informative and professional!
Nothing is ever too much trouble for Saeed, despite his demanding and often hectic working environment. I asked him once how he could remain so patient with a relatively small player like me, and he replied, "Every client is a million-dollar client!". This absolutely sums up Saeed's approach and I am so grateful to have found him!

Just had a second experience with Magna Financial. I was helped by Saeed Abbassi who was amazing. Everything went very smoothly and my transfer in euros went through very quickly. Communication was excellent and I would highly recommend them to anyone. .

Osman and Magna are always on point and happy to assist whenever required, great rates, service and highly recommend!!!!! Been using for years and have never been disappointed. keep up the good work guys. 👌🏽

I recently had an excellent experience with Magna Financial for transferring money from Germany to Dubai! The rates were very competitive, much better than I expected, and the entire process was quick and efficient. I was impressed with how smoothly the transaction went, and the customer service was top-notch, answering all my questions promptly. I highly recommend them for anyone looking for a reliable and fast money transfer and exchange service with great rates. Thank you Nada & Harrison!

The customer experience was great. Saeed did exactly what he said he would do. Phone calls got returned promptly without the need to chase. The transaction was explained clearly and concluded within the time frame as promised. Would heartily recommend.

Good advice regarding economic forecasts.Opinions you can trust.
We get good rates and being trustworthy and professional gives you peace of mind.

Always dealt with professionally but in a very polite and friendly manner. It’s a pleasure to deal with Magna Financial personnel.