When purchasing a property overseas
you will need to transfer money. Whilst the natural inclination
is to go to your local High Street bank to transfer funds abroad,
this is usually a fairly expensive way of doing it.
Exchange rates and commissions provided by high street banks
are significantly less favourable than those typically offered
by specialist foreign exchange brokers. |
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We therefore recommend the services of
Foreign Currency Direct.
Transactions arranged through FCD are always at the most competitive
rates, and the service is fast and efficient.
An estimate of the typical savings using FCD
over high street bank transactions are in the region
of 1-2%, or £1,000 to £2,000 saved for every £100,000
transferred.
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