Pound and euro notesWhether you are in the process of buying your property in France, or you have already made the purchase, you may need to make a number of overseas payments. Timing is crucial when you are buying a large amount of Euros – and trading at the right time will mean your money goes a lot further. With exchange rates fluctuating constantly, it is of course better to buy or sell currency when rates are in your favour.

Homebuyers who need to make a series of transactions on a longer-term basis can take advantage of Moneycorp’s Regular Payment Plan. Fully automated and hassle-free, this service removes the worry caused by exchange rate fluctuations when making currency payments over a period of time. They collect your Sterling by Direct Debit and automatically send the Euros abroad – so you won’t need to think about arranging individual transactions through your bank.

Moneycorp, the foreign exchange and international payments specialist, strive to make currency transfers as easy and cost-effective as possible. The Regular Payment Plan (RPP) is specifically tailored for transactions like mortgage payments and salary transfers. A number of frequencies are available, ranging from weekly to annual and there’s even the option to fix rates for a set period of time.

With the Regular Payment Plan you will benefit from an exceptional rate of exchange, low transfer fees and no receiving bank charges, saving you money on each and every transfer.

There are 3 transfer options available, which give you the flexibility to choose your payment schedule.

Option 1 – Fix the Sterling amount
You’ll know how much Sterling will be debited from your account for each transfer. The amount of Euros you receive will vary according to the exchange rate at the time of transfer.

Option 2 – Fix the Euro amount
You’ll know how many Euros will arrive in your overseas account every time. The amount of Sterling debited from your UK account will vary according to the exchange rate at the time of transfer.

Option 3 – Fix both
You’ll know exactly how much Sterling will leave your UK account and how many Euros will arrive in your overseas account. (Option 3 is available for a period of between 6 and 24 months.)

Benefits include:

  • Highly competitive exchange rates
  • No commission or receiving bank charges
  • Low transfer fees
  • Flexible frequencies (ranging from weekly to annual)
  • Premium service option for same-day or next-day transfer
  • Ability to fix exchange rates for a set time period
  • Direct access to our dedicated team of expertsHow do you register for the Regular Payment Plan?
    Registration is both quick and easy. To register, or for further information or help, please complete a Account Enquiry Form. Moving back to the UK?If so, you’ll need to move your money back too.Moneycorp can help you transfer your funds at the best possible time, at the best possible rate. And in today’s economic climate, it’s more important than ever to make the most of your money.Making international transfers with Moneycorp is faster, more cost-effective and more convenient than using your high street bank. You’ll benefit from free, expert guidance on the currency markets – and you won’t have to pay commission or receiving bank charges.

    Using Moneycorp – Key benefits:

  • Expert guidance from a dedicated Account Manager
  • Highly competitive exchange rates
  • No commission or receiving bank charges
  • Low transfer fees
  • Fully automated Regular Payment Plan – allowing you to fix rates for a set time period (all funds collected via Direct Debit) Regular Payment Plan
  • No cost and no obligation in opening a Trading Facility
  • Extended trading hours: 7:30am – 10:30pm (UK Time) Monday to Friday and 10am – 4pm (UK Time) on Saturdays.Visit www.moneycorp.com to find out more or call +44 (0)20 3773 6355.
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