For those buying property in France, there will soon come a point when you need to send funds overseas to pay your property deposit and, later down the line, the remaining balance.
When dealing with what is most likely your lifesavings, you want to have complete confidence in the service you’re using to send your funds overseas.
That’s why we recommend Smart Currency Exchange. With them, you’re not just getting a great service. You get an account manager, available by phone and email five days a week. They can also offer guidance regarding the markets, offer invaluable support in times of stress, ensure that you get the best possible exchange rates and that your transactions are smooth and secure.
But why use a currency specialist/FX broker over my high-street bank?
Well, they typically offer competitive exchange rates that aren’t weighed down by costly transaction fees. High-street banks typically have higher margins on currency exchanges, which means you might end up paying more than necessary. Currency specialists, on the other hand, operate with lower margins and can offer more favourable rates, potentially saving you a significant amount of money on large transactions like property purchases.
Another advantage is the personalised service that currency specialists provide. Unlike high-street banks, which often treat currency exchange as a secondary service, specialists focus solely on foreign exchange. This means they can offer tailored advice and solutions based on your specific needs and circumstances. For instance, Smart Currency Exchange assigns a dedicated account manager to each client, ensuring that you receive expert guidance throughout the entire process.
Currency specialists also offer a range of risk management tools that can protect you from adverse currency fluctuations. These tools include forward contracts, which allow you to lock in an exchange rate for a future date, and market orders, which enable you to target a specific exchange rate. Such tools can provide peace of mind, knowing that your budget won't be affected by sudden changes in the currency market.
Moreover, the speed and efficiency of transactions with a currency specialist are often superior to those of high-street banks. Specialists are equipped to handle international transfers quickly and efficiently, ensuring that your funds reach their destination without unnecessary delays. This can be particularly important when dealing with tight deadlines in property transactions.
To register with Smart Currency Exchange, simply fill out this short form today. To enquire about a forward contract, click here. Alternatively, you can reach Smart Currency Exchange at 0808 163 0102.
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