Wednesday, 21 September 2016

Wednesday, 21 September 2016

How to get the best exchange rates

Our partners Foremost Currency Group can help you achieve exchange rates up to 5% better than your bank may offer. In addition to better rates, you can also use our ‘Forward Contract’ to lock in the rate today, for a transaction up to 2 years into the future, simply by lodging 10% of what you need to convert. This protects you against the rate dropping away, and is very useful when buying overseas.

For example, once you have paid your deposit you may have a month or two until the balance is required for completion, during which time the exchange rate could change significantly. The Forward contract allows you to fix the rate for your completion, allowing you to budget effectively and know exactly what the property is costing.

To find out more, contact: Adam Bobroff, Director, The Foremost Currency Group and mention Allez-Français

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