Foreign Currency Transfers

Foreign Currency Transfers – Our choice – Foreign Currency Direct

We get asked all the time about who looks after our customers needs for Foreign Currency Transfers and Payments, after over 3 years in this business we have distilled it to one company – Foreign Currency Direct.

Here is why.

When purchasing a property overseas you will need to transfer money. Whilst the natural inclination is to go to your local High Street bank to transfer funds abroad, this is usually a fairly expensive way of doing it. Exchange rates and commissions provided by high street banks are significantly less favourable than those typically offered by specialist foreign exchange brokers.

We therefore recommend the services of Foreign Currency Direct. Transactions arranged through FCD are always at the most competitive rates, and the service is fast and efficient. An estimate of the typical savings using FCD over high street bank transactions are in the region of 1 to 2%, or £1,000 to £2,000 saved for every £100,000 transferred.

To transfer money via FCD contact: Daniel Wright, Tel UK: 0800 328 5884 Tel abroad Tel: +44 1494 725 353 or create an account via the FCD website by visiting Foreign Currency Direct here FCD

We know you will be delighted with the service Daniel and his team provide. Daniel is also a contributor to our blogs/articles and his informative blog is a source of superb information.

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Sterling enjoys a fine week against Euro and Dollar

Sterling has continued a fine end to the week following growing concerns regarding the economy in Greece and the effects it may have on the Eurozone as a whole.

The Pound rallied against the Euro and a basket of major currencies in early morning trading and at the time of writing this Sterling/Euro was at a four month high – A welcome change in luck for those with upcoming property purchases.

European Central Bank President Jean-Claude Trichet said on Friday Greece had much work ahead to resolve its fiscal issues, after highlighting the fiscal challenges to a number of euro zone countries at a news conference the previous day.

This may well limit upside movement for the Euro in the short term so could create some excellent buying opportunities over the coming weeks, that paired with the huge drop in property prices overseas all means investors and people due to emigrate win both ways at present.

Ask Daniel Wright from Foreign Currency Direct for more details on 0800 328 5884 or UK 44 1494 725353

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