Finance

Currency Conversion

When purchasing a property overseas you will, in most cases, have a need for Foreign Exchange. Instead of using a bank (and paying unnecessary charges) you can use a specialist Foreign Exchange company to get a better exchange rate, a smaller fee and a personal service. Once you've opened a trading account (by completing a couple of forms and providing copies of two forms of identification) you can start purchasing currency at any time, fixing the exchange rate with your personal dealer and protecting yourself against future fluctuations.

With a secure client trading account you can transfer funds directly from your bank via Telegraphic Transfer or on-line. Once the Foreign Exchange company receives your sterling, they will send your Euros to the developer's chosen account which will clear within 2 working days, although this will vary from country to country.