The best guide to help you exchange your funds

The best guide to help you exchange your funds

Do not allow your property budget to become exposed to unpredictable exchange rate fluctuations. Plan and get some guidance on the best options available to exchange your funds into euros with our overseas currency guide.

Why is foreign exchange relevant for overseas property buyers?

Whether you are buying a holiday home on the beach, an apartment in the city, or a chateau in the countryside, buying a property abroad should be exciting and stress-free. However, dealing with a different process, often in a different language and a foreign currency, can add a layer of complexity to purchasing your dream home.

Currency markets are unpredictable, and foreign exchange rates are constantly fluctuating. This means that when you decide to buy a property abroad, the real-term cost of your purchase can change with the rates.

Imagine getting to the point of buying your dream property, and the price is different from when you made the offer. That’s the reality of the foreign exchange market – small changes make BIG differences when you exchange a large amount of money.

The Overseas Currency Guide

To help you to get to grips with the process, Moneycorp has created a currency guide that covers all you need to know along the journey.

In here we cover some of the tools available to you when making your different payments, and what you have available to you with a currency specialist like Moneycorp to manage your payments efficiently and effectively.

You can download our currency guide for free here.

Why Moneycorp?

With a Platinum Trusted Service Award 2020 from independent review site Feefo and 40 years of experience in the industry, FrenchEntrée has been recommending Moneycorp for more than 15 years. During this time they have helped thousands of client planning the best way to pay for their property as well as supporting them afterwards with any further payment from paying bills, mortgages to repatriating UK pension payments for those who have retired to France.

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Furthermore, we have worked with the same person at Moneycorp for more than a decade! You might be familiar with her as she often writes for our French Property News magazine. She has 13 years’ experience in foreign exchange, and is a qualified European lawyer with experience in European transactions. Mar will be happy to answer any questions or enquiries to support you through these difficult times

Opening an account is really easy and free of cost. You can register online or over the phone in a couple of minutes and for FrenchEntrée readers there are no transfer fees in any payment.

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