When you are buy, sell or invest in property abroad, it is vital to maximise the value of the currency your are sending as this will save you a great deal of money. Currency specialists can source you the cheapest, quickest and most cost-effective solutions for international payments for buying overseas properties.Foreign currency specialists are experts in transferring money to pay for an overseas property and offer:
- Far better exchange rates than you would get from a bank
- No fees or commission
- Security against exchange rate fluctuation (talk to the providers below about fixing the rate)
- Fast international payments
- A dedicated account manager tailored to your requirements
Ensure that the foreign currency specialist you choose is authorised and regulated by the Financial Conduct Authority (FCA).
You can usually set up an account online using a simple form, or by speaking to a representative over the telephone.
You can use a currency specialist for all currency transfers, large or small. Smart Currency Exchange, for example, offers a Regular Payments Plan, which can be used to automatically send regular funds to your foreign bank account.