Foreign Currency Transfers

Foreign Currency Transfers

When you're planning to buy or sell an overseas property, one of the things to think about is how you're going to transfer your required currency. Some people assume that your bank will be the best  way to send funds cross-border, when in fact you could find yourself paying more than you need to. The saving you could make by using a specialist foreign exchange provider can be significant, which is one of the reasons we recommend our clients to use Foreign Currency Direct (FCD) for all their currency needs.

Not only can they offer competitive rates of exchange when compared to high street banks, they also understand the nuances of the foreign property market. Having helped thousands of clients to buy abroad, they're well placed to organise the transfer of your exchanged funds and can send payment directly to your solicitor.

FCD has a number of different options available to help you manage your currency exchange. For example, a forward contract which is an agreement to purchase currency for a date in the future without having to pay for it all up-front. You can lock in an exchange rate for up to a year in advance, pay a small deposit to us and then draw down your currency up to three months prior to the date you have booked your funds until.

Foreign currency direct

Some of the benefits you'll enjoy as an FCD client are

Competitive exchange rates
Dedicated Account Managers with expert market knowledge
Knowing FCD is an Authorised Electronic Money Institution (FCA Reference Number 902022)
Simple and efficient transfer of funds when you need them
Long established reputation having traded since 2000
Recommended by clients: Thousands of 5 star feefo ratings

When you become a client of FCD, your dedicated account manager will take the time to understand your needs and explain the different options available to you in plain English. Their experienced team has extensive market knowledge to answer your questions about the factors that could impact your currency exchange.

Learn more about Foreign Currency Direct here

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Unless otherwise stipulated, the services provided through Heniam are rendered by independent and autonomous entities.  Whilst at Heniam we endeavour to offer the best quality in services to our clients, Heniam is in no way responsible nor can it be held liable for any of the services provided by any of our affiliates nor for any failings to provide such service.