Buying a property abroad is often the realisation of a personal dream and probably represents one of the greatest expenses of your life. As part of the purchase process, you will inevitably need to transfer a sterling sum into another currency in order to pay for your property, mortgage or furniture pack. This vital element of the purchase process - one that is often overlooked - can make a huge difference to the price, in sterling, that you will have to pay for your dream home or new life.
Exchange rates change constantly and 10% fluctuations in a relatively short space of time are not uncommon. This could effectively increase, by 10% or more, the sterling amount that you will have to pay.
Moneycorp is the UK's leading foreign exchange specialist and provides tailored services to help companies and individuals save money on their overseas currency transfers. They can help protect you from adverse currency fluctuations and help you lock into favourable exchange rates, even if you don’t have all the funds available immediately.
Making transfers with Moneycorp is faster, cheaper and more convenient than using a bank. They will monitor the currency markets on your behalf, achieving the best possible rates of exchange. Moneycorp doesn’t charge commission and guarantees no receiving bank charges. Plus, their low transfer fees will save you that little bit extra.
|Using Moneycorp – The main benefits:|
|Expert guidance from your own dedicated Account Manager.|
|Highly competitive exchange rates.|
|Free use of their secure credit and debit card payment gateway to pay your reservation deposit.|
|Ability to fix exchange rates for a set time period, protecting from adverse currency movements.|
|No commission or receiving bank charges.|
|No cost and no obligation in opening a Trading Facility.|
|Extended opening hours: 7.30am – 10.30pm Monday to Friday, 10am – 4pm Saturday (UK Time).|
About Moneycorp Moneycorp is a trading name of TTT Moneycorp Limited, which has been dealing in foreign exchange since 1979 and last year traded over £11 billion in currencies.
The company has been accredited to ISO 9000 Quality Assurance since 1996 – a unique achievement in the foreign exchange industry – and has offices in the UK, Australia, Cyprus, Portugal, Spain, Turkey, the UAE and the USA.
The Royal Bank of Scotland (RBS) Special Opportunities Fund is a significant shareholder in the Group.
To transfer money with Moneycorp, you need a free, no-obligation Trading Facility. You can apply for one online, by clicking here or by calling +44 (0)20 7589 3000.