

Currency Exchange
NAVIGATION
If you are buying a property overseas, whether as an investment, holiday or retirement home, or to live permanently, it is
likely that you will have to pay for your property in (Euros, Dollars etc.). Currency exchange can be costly via a bank but considerable savings can be obtained via
a foreign exchange service such as Moneycorp.
Exchange rate volatility will play a key role in your local currency transfer. You may be surprised to find that it is not uncommon for currencies to fluctuate by as much as 10% over relatively short periods of time. Therefore it would be wise
to take this into account when when planning to purchase abroad or exchanging currency for other purposes such as mortgage payments or expenses.
EURO SAVINGS CASE STUDY
For example, a couple wishing to purchase a property in Europe for 200,000 Euros would have paid the Sterling equivalent of £134,526.13 in May 2005. Two months later they would have paid £136,873.80 for the same property.
By securing an exchange rate in advance, they could have made a saving of £2,000.
MONEYCORP CURRENCY EXCHANGE BENEFITS
In addition, you can take advantage of the following:-
No commission charges
Fast, efficient worldwide transfers
A dedicated dealer to guide you throughout your currency transaction
24 hour market monitoring enabling you to benefit from currency fluctuations outside of normal banking hours
Regular Payment Plan - smaller regular transfers
Extended office opening hours 7:30am - 10:30pm Monday to Friday and 10:00am – 4:00pm on Saturday
TTT Moneycorp Privilege card to purchase currency and travellers cheques commission free and at preferable rates of exchange from any of our retail branches in central London, or at Gatwick and Stansted airports
Peace of mind dealing with a company that has been trading foreign currencies since 1979, is the only foreign exchange company in the UK to have been certified to ISO 9000 Quality Assurance and last year traded in excess of £4 billion in currencies.
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