Foreign Exchange

Movements in the foreign exchange market are likely to be the single biggest factor that will impact the purchase price of your overseas property. As soon as you have made the decision to buy in a different currency you will have an exposure to the currency markets that constantly fluctuates. The time to act and secure your property at a known price is between when the first contract to buy and an initial deposit is paid, and final completion when the payment of your balance is due. What is important is that this issue is addressed as early as possible to ensure that extra cost is not needlessly incurred.

The traditional place for people to go to buy their foreign currency has been their High Street bank. Until recently there was little opportunity to buy currency elsewhere, or to get some impartial market information. MoneyCorp can provide currency at more competitive rates than the banks, and perhaps more importantly, these companies can provide you with all the help and guidance that you will need to make this part of the buying process as straight forward and efficient as possible

We believe that MoneyCorp do offer an excellent service. If you quote "House on the Costa Blanca" you should achieve a higher rate as we recommend Moneycorp foreign exchange to all of our clients and therefore should obtain a more competitive rate.

Foreign currency solutions: based on value, efficiency and dependability.

In today’s global business climate the protection and management of foreign currency exposure is becoming more and more important. When buying your property overseas the last thing you want to worry about is the volatility of the foreign currency market, which can drastically affect the final purchase price of your dream home.

As a private individual you may be subject to uncompetitive high street institutional pricing. In many instances you will only be offered market prices which are fixed for a period irrelevant of real market movement.

MoneyCorp excels in foreign exchange strategies.  We provide information and support to ensure that you achieve the most competitive rate when buying your property. MoneyCorp promise to quote you from the live FX market to ensure your transaction saves you money!