Foreign Exchange

Buying a property overseas? Want to get the best deal on foreign exchange? We understand, and that's why together with Moneycorp, we've put together this guide to currency exchange for overseas property buyers.

Once you've read through the guidance, you should know how to plan your currency exchange, what the different currency purchase options are, how to protect yourself from adverse currency movements and how to get in contact with Moneycorp for guidance or to make currency transfers an unbeatable exchange rates.

Exchange rate volatility will play a key role in your local currency transfer. It is not uncommon for currencies to fluctuate by as much as 10% over relatively short periods For example, a couple wishing to purchase a property in Florida for 200,000 dollars would have paid the sterling equivalent of £108,113 in January 2006. Four months later, they would have paid £112,720 for the same property. By securing an exchange rate in advance, they would have made a saving of over £4,500.

Key Benefits

Moneycorp can help you achieve the best exchange rates making your money go further. We can also offer a range of services that will help protect you against adverse currency movements.