
If you are buying overseas property, emigrating, investing abroad or making any other international transfers, it is important consider exchange rates.
Fluctuating exchange rates can have a significant effect on the cost of your transaction.
Using
the services of a foreign exchange brokerage gives you direct access to the currency markets and the specialist knowledge of an experienced broker.
Typically this will save you a great deal of money by obtaining the most competitive exchange rates available.
Overseas Property site work in partnership with a team of currency brokers who have helped thousands of clients save money on their currency transactions and with their 'Best Rate Guarantee' you can be assured you achieve an unbeatable rate.
As an example, a user of Overseas Property site recently used the service to transfer €265,000 to Spain to pay for a villa they had purchased.
The comparison below shows the cost involved using the major banks to exchange currency and the savings achieved using us.
|
Currency Provider |
Exchange Rate |
Cost in £ Sterling to buy €265,000 |
| Halifax |
1.4822 |
£178,788.28 |
| Lloyds Tsb |
1.4857 |
£178,367.99 |
| HSBC |
1.4979 |
£176,914.34 |
| Barclays |
1.4981 |
£176,890.72 |
| Natwest |
1.4991 |
£176,772.73 |
| Foreign Exchange Broker |
1.5201 |
£174,330.63 |
| Comparison made on 22nd January 2007 using rates obtained from bank representatives |
| Using a Foreign Exchange Exchange the client saved
up to £4,457.65 on the cost of their property |
To request further information simply complete the form below to discuss your requirements with a broker.
Our Foreign Exchange enquiry service is free and carries absolutely no obligation.
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