Open a specialist currency trading facility
It’s important to set up an account with a currency company to transfer any monies to and from your relocation destination, rather than using your high street bank. Don’t wait until the last minute and be forced into taking poor rates – with time on your side you will have more opportunities to secure a better rate.
Currency exchange specialists will save you money by …
- Offering better-than-bank exchange rates – on a £100,000 exchange, a currency company can save you up to £4,000 by providing better rates compared to those offered by your high street bank.
- Giving you the option to fix a rate of exchange for a currency purchase in the future. This is helpful if you know when you are moving and expect sterling to worsen against the currency of the country you are moving to. Also, by fixing a rate, you can set a budget rather than worrying unnecessarily about currency fluctuations – you will know in advance exactly how much money you have available when you reach your new country.
- Reducing or possibly eliminating receiving fees imposed by overseas banks. Some fees can be as high as £500.
- Servicing your international transfers with no fees, charges or hidden costs on transfers over £3,000.
- Streamlining regular payments at better-than-bank exchange rates for transfers such as pension, savings or mortgage payments.
There are several currency specialists, but the one that stands head and shoulders above the rest is Smart Currency Exchange. Give them a call on 0808 163 0102, or to get a currency quotation, go to: www.smartcurrencyexchange.com/smartsquotation.htm. Smart also offers an exceptional free guide plus currency worksheets explaining everything you need to know about sending money overseas. Although the guide is for people buying overseas property, anyone interested in sending money overseas would find it useful.
Kim Brown
The Overseas Guides Company
Visit my website at: http://www.emigrationguide.com/
No comments:
Post a Comment