Foreign exchange
When you are buying a property overseas, whether as an investment, holiday home or to live permanently, you will have to pay for your property in a foreign currency.
Given the sums of money involved in a property transaction and the associated additional costs, you will no doubt want to save money wherever possible.
In many cases, you will need to make a number of staged payments over the duration of the property purchase and it is essential to understand the implications of rate fluctuations over that period. In recognition of this fact, and to help our customers, MTS Investments has formed a partnership with Moneycorp Commercial Foreign Exchange.
As many as 80% of buyers of overseas property do not think about whether they could save money when exchanging their currency to pay for their purchase. By using high street banks when the time comes to pay, buyers are losing money on their hard-won bargains.
Alternatively, we can agree a sterling rate with you as long as it is sent by same day Chaps transfer and within 24 hours. |