Currency Exchange
Moneycorp is a market-leading foreign exchange and international payment specialist, with over 29 year’s industry experience. Blue Bay Consultancy has partnered with Moneycorp to offer you a comprehensive, cost-effective way of making your overseas property payments.
1. Whether you are buying property for investment, holiday use, retirement or permanent living and whether it is resale, off plan or custom built; Moneycorp can help.
Buying a property abroad is often the realisation of a personal dream and probably represents one of the greatest expenses of your life. As part of the purchase process, you will inevitably need to transfer a sterling sum into another currency in order to pay for your property, mortgage or furniture pack. This vital element of the purchase process - one that is often overlooked - can make a huge difference to the price, in sterling, that you will have to pay for your dream home or new life.
Exchange rates change constantly and 10% fluctuations in a relatively short space of time are not uncommon. This could effectively increase, by 10% or more, the sterling amount that you will have to pay. Moneycorp is the UK's leading foreign exchange specialist and provides tailored services to help companies and individuals save money on their overseas currency transfers. They can help protect you from adverse currency fluctuations and help you lock into favourable exchange rates, even if you don’t have all the funds available immediately.
Making transfers with Moneycorp is faster, cheaper and more convenient than using a bank. They will monitor the currency markets on your behalf, achieving the best possible rates of exchange. Moneycorp doesn’t charge commission and guarantees no receiving bank charges. Plus, their low transfer fees will save you that little bit extra.
2. If you need to make international payments, Moneycorp can help. Their experts will monitor the currency markets on your behalf – achieving the best possible rates of exchange. This means your money will go a lot further. When moving overseas you are likely to have to make international payments. And with constantly fluctuating markets, when you make them is crucial.
3. Using Moneycorp – The main benefits:
- Excellent exchange rates
- Friendly, expert service
- Free market information and specialist guidance
- Special emigration offers
- Extended office hours, including Saturdays
- No commission or receiving bank charges
- Ability to fix exchange rates for a set time period, protecting from adverse currency movements
4. So why use Moneycorp instead of your bank?
Because making transfers with Moneycorp is faster, more convenient and more cost-effective. Whether you’re making regular transfers, or need to make a one-off payment, they don’t charge commission and guarantee no receiving bank charges. They also offer free information and guidance on the currency markets, helping you decide on the best time to buy.
Never underestimate the value of a good exchange rate. Currency markets are constantly fluctuating and making your transaction at the right time can make a big difference to the amount of money you will need to pay.
Client transfers $100,000 to America
Bank deal
- Client’s bank rate is 1.5550* GBP/USD
- Cost to the client £64,308.68
Moneycorp deal
- Moneycorp rate is 1.5830* GBP/USD
- Cost to the client £63,171.19
Client saves £1,137.49 with Moneycorp!
* Rates shown are provided by Lloyds TSB and Moneycorp on 9 October 2009.
The rates are indicative only and are not guaranteed due to currency fluctuations.
5. About Moneycorp
Moneycorp is a trading name of TTT Moneycorp Limited. The company was established in 1962 and has been dealing in foreign exchange since 1979. Since that time, Moneycorp has been providing clients with an exceptional level of service - as well as value for money. Last year alone they traded more than £11 billion in currencies.
To transfer money with Moneycorp, you need a free, no-obligation Trading Facility. You can apply for one online, by clicking here
