Currency exchange for foreign property payments

An overseas property purchase usually requires significant amounts of money to be changed into foreign currencies for deposits, stage payments and completions. While estate agents and developers often assist their clients in opening foreign bank accounts, they generally prefer not to get involved with currency exchange transactions.

Foreign Currency Exchange provide an easy solution by offering you the best exchange rates available as well as transferring your funds to the account of your choice.

• We offer a variety of different contract types to suit your currency requirements.
• We do not charge any commission, and transfers are free on transactions greater than £10,000.
• We can fix your exchange rate for up to 24 months, protecting your funds against adverse market movements.
• We will supply you with a 'confirmation of transfer' report on all outbound transfers.
• Opening an account with us is quick and easy, and does not obligate you in any way to trade.

Spot contracts are ideal for deposit payments as agents and developers usually require funds quickly to secure the purchase of the property. With a quick and simple transaction through Foreign Currency Exchange, you can save valuable time and money.

Purchasing an existing property or a new build with completion or stage payments only due months later exposes you to the risk that your property will end up costing you far more that you originally anticipated due to adverse exchange rate movements. By using a forward contract you can secure a rate now for up to 24 months, thus fixing your property price and protecting you from unbudgeted currency exchange costs.

Our team of currency brokers are dedicated to understanding your unique currency requirements and providing you with guidance in selecting the currency exchange tools that will best suit your needs.