Whether buying an overseas property, repatriating funds or making regular international transfers for pension payments, market volatility could interfere with your plans.
But there are a number of ways we can help you avoid such a scenario, and get you more for your money.
- A forward contract allows you to lock into an exchange rate for a period of up to two years. This means that if exchange rates do move against you, your rate – and therefore property purchase or transfer – remains unaffected.
- Market orders can help you get the most for your money if you are not restricted by payment deadlines. You let us know what rate you want to trade at, and we book your deal when that the market reaches that rate.
- A foreign exchange option (provided by Moneycorp FRM) gives you the opportunity – without the obligation – to buy or sell foreign currencies at an agreed exchange rate on a fixed future date. This guarantees the rate at which you exchange.
Using Moneycorp – The main benefits:
- Highly competitive exchange rates.
- No commission.
- Fast transfers, low fees.
- Ability to fix exchange rates for a set time period, protecting you from adverse currency movements.
- Expert guidance from your own dedicated Account Manager.
- No cost and no obligation in opening a Moneycorp Account.
Sending regular international payments?
If so, the Regular Payment Plan (RPP) from Moneycorp is the service for you. It is specifically tailored for regular overseas payments like mortgage payments and pension transfers. The Moneycorp Regular Payment Plan is fully automated and takes the hassle out of overseas transfers. Your sterling is collected by Direct Debit – and the foreign currency automatically sent abroad.
Moneycorp is a trading name of TTT Moneycorp Limited, which has been dealing in foreign exchange since 1979 and last year traded over £11.1 billion in currencies. The company has been accredited with ISO 9000 Quality Assurance since 1996 – a unique achievement in the foreign exchange industry – and has offices in the UK, Spain and the USA.