Foreign Exchange Services and the Best Rate

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Buying a property overseas? Want to get the best deal on foreign exchange? We understand, and that's why together with Moneycorp, we've put together this guide to currency exchange for overseas property buyers.

Once you've read through the guidance, you should know how to plan your currency exchange, what the different currency purchase options are, how to protect yourself from adverse currency movements and how to get in contact with Moneycorp for guidance or to make currency transfers an unbeatable exchange rates.

For example, exchange rate volatility will play a key role in your local currency transfer. It is not uncommon for currencies to fluctuate by as much as 10% over relatively short periods. A couple wishing to purchase a property in Florida for 200,000 dollars would have paid the sterling equivalent of £108,113 in January 2006. Four months later, they would have paid £112,720 for the same property. By securing an exchange rate in advance, they would have made a saving of over £4,500.

If you require any further information, or would like to discuss your requirements further, please use our call back facility.

Key Benefits

Moneycorp can help you achieve the best exchange rates making your money go further. They can also offer a range of services that will help protect you against adverse currency fluctuations.

If you have regular currency payments to make (e.g. overseas mortgage payments or montly management costs) Moneycorp can help you with the Regular Payment Plan.

In addition, you can take advantage of the following benefits:

• No commission charges or receiving bank fees.
• Fast, efficient worldwide transfers.
• A dedicated dealer to guide you throughout your currency transaction(s).
• 24 hour market monitoring enabling you to benefit from currency fluctuations outside of normal banking hours.
• Regular Payment Plan - smaller regular transfers.
• Extended office opening hours 7:30am - 10:30pm Monday - Friday and 10:00am - 4:00pm Saturday.
• A Moneycorp Privilege Card to purchase currency and travellers cheques commission free at any of our retail branches.
• You will also receive a 1% improvement in the rate of exchange at our airport locations.
• Peace of mind in dealing with a company that has been trading foreign currency since 1979, has been certified to ISO 9000 Quality Assurance since 1996 and last year transacted over £7 billion on behalf of its clients.

* Should a client incur such charges, Moneycorp will refund them in full.