Can I make repeat currency transfers?
Customers need to make transfers for various reasons such as sending
money abroad for salary, pension, mortgage, deposit or just often being
generous by sending money to friends/family overseas. You can fix the rate and
get more for your money with us by repeating transfers.
With Currency Solutions you can lock in a
rate for a certain date up to 3 years in the future whereas most places would
only do it for a year, this is what is known as a forward contract. It is ideal
if you want to know exactly what exchange rate you will get when the time comes
to make the purchase, for example, if the set day you need to send money overseas the exchange rate is not in your favour we’ll already have you covered as
we will have the best rate fixed for your ease and convenience.
Customers will also save money by not paying any cross-border charges or
bank fees for transfers. Currency Solutions does not charge any commission or
fees for the currency transfers service they offer when clients transfer
£10,000 and above. The process will involve a personal dealer who will help you
along the way giving you guidance on how to buy your currency and informing you
on the best live exchange rates and securing them in order to get you the best
rates and minimise your currency risk.