Foreign exchangeSave money when sending money abroad with Money Corp
If you’re buying or selling a property overseas, you’ll want to ensure you have a great exchange rate and an industry expert by your side. Mychaletfinder partners with leading foreign exchange broker Money Corp to offer our clients a personal service for their foreign currency transfers.
Whether you’re planning a move abroad or you’ve already made the leap to live overseas, the way you manage your foreign currency requirements can have a big impact. So, whether you want to move a one-off lump sum overseas, or need to make regular payments abroad for pensions or property costs, you’ll be able to enjoy a fantastic exchange rates.
Get competitive exchange rates and expert guidance when buying a property abroad
If you are buying a property abroad you may need to exchange funds to meet the different payments involved in the process. The purchase price agreed will also be mostly determined by the exchange rate applied at the moment of transferring the funds, and this is why it is very important to seek some guidance from a foreign exchange specialist early in the process. Covid-19 and Brexit has created even more uncertainty in deciding when to buy abroad and the best way to exchange your funds.
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What can you do?
Our mission at moneycorp is to alleviate that burden by offering you the tools to take control of foreign exchange and support you on the journey from the beginning –when deciding what properties you can afford, and how to stick to your budget, to the end – by assisting you to plan the final completion. Asides from competitive rates, moneycorp offers great tools for property buyers as well as for those that already own a property and need to make smaller payments such as the mortgage. You can target an exchange rate or fix a rate two years in advance via a forward contract to take advantage of a favourable rate. Locking in a rate with a forward contract may require a deposit but you’ll know exactly much money you’ll receive when you convert money for your overseas payment. Opening an account with moneycorp is free. Your account gives you 24/7 access to our secure online platform, plus a dedicated account manager who will guide you through the choppy waters of foreign exchange. You can also receive regular market reports and expert insights by email or SMS, helping you to plan ahead and buy a house abroad with ease.