Buying Foreign Currency
To help make your money go further when buying or selling an overseas Property,
Property-Abroad.com have teamed up with Halo Financial to give
you access to some of the most competitive exchange rates available in the market.
Halo Financial Ltd offers a costs effective alternative to your bank; providing
a far more efficient and effective way for you to save time and money when transferring
currency overseas. Halo Financial are our recommended currency provider. They are
preferred because of the proven savings and the unrivalled customer service they
deliver to their clients. Whether you are:
- Buying an overseas property
- Repatriating the proceeds of an overseas property sale
- Needing to make regular currency payments for rent, pension or mortgage transfers
- Transferring a one off payment
Best Foreign Currency Exchange Rates
Halo Financial’s dedicated currency dealers are qualified technical analysts
holding internationally acknowledged accreditation and frequently feature on financial
media television such as CNBC. Halo Financial’s team is highly trained, experienced
and will identify your priorities and suggest the best available options that match
your personal circumstances.
View Halo Financial Currency Converter
Whether you want to cut your risk, secure an exchange rate for now or later settlement
or have a regular currency transfer requirement Halo Financial has the answer!
For a professional, sincere and reliable foreign exchange service, please call or
e-mail the Private Client Team for further information or click here
to request a call back.
Telephone: +44 (0)20 7350 5474
Web: www.halofinancial.com
5 Top Currency Tips
Identify your budget: When transferring large sums of money from
Pounds Sterling into Euros, or another foreign currency, the rate of exchange you
receive will determine how much or how little you will need to pay for the property.
It’s worth remembering at this stage that the price
of the property differs from the cost of a property. The
cost to you and therefore how much you pay in Pound Sterling can change substantially
dependent on the Exchange Rate you achieve. For example: A European property priced
at €250.000 would have cost you £194.850 on the 11 th August 2008, but
£204.580 by the beginning of September! That’s an increase of £9.730
in less than three weeks!!
Regular currency updates: It is always valuable keeping regular
tabs on the exchange rates and the sentiment in the currency markets. A good currency
dealer should be able to provide you with a daily or weekly currency report providing
you with an insight, like Halo Financial, into where the exchange rates are and
why they are moving. Information is an invaluable resource especially when transferring
large sums of money and when volatile exchange rates can have such a direct impact
on the cost of a property overseas.
Guarantee your exchange rate for each of your stage payments: Most
overseas property completions take up 2 to 3 months and over 12 months when you
are purchasing off plan. Purchasers must take into account their currency exposure
between the time the initial contracts are signed and the completion date. Forward
contracts reduce this currency risks by giving you the possibility to secure an
exchange rate for up to 2 years. This will enable you to calculate from the outset
how much your property will cost you in Pounds Sterling (or other currency)!
Don’t take unnecessary risks by gambling on achieving better exchange
rates : Understanding how to achieve the best exchange rate will save
you money. Halo Financial will not only be able to provide you with a highly competitive
exchange rate, they will also help you choose the different options to buy your
currency. Whether you need to urgently transfer a lump sum or secure an exchange
rate to prevent the exchange rates pushing the cost of the overseas property out
of reach, your dealer will suggest strategies that ensure you to minimize your currency
exposure.
Speak to Halo Financial for expert guidance : In an era of overseas
and automated call centers, what a refreshing change it would be if you had a dedicated
currency dealer to assist you in buying your currency? Halo Financial will provide
you with your FX consultant who will open your trading facility, explain our services,
give you regular market updates and provide solutions for your currency requirements.
10 Reasons to use Halo Financial
- Better than bank exchange rates
- No commission charges
- A single point of contact
- 24 hour monitoring of exchange rates
- Appropriate risk management strategies to improve your currency transaction
- Proactive account management with relevant market news
- Fast onward payments
- Confirmation of your payment with any nominated third party
- An industry leading service delivered in a prompt, professional and courteous manner
- Commitment to adding value and exceeding your expectations
Contact Halo
To speak to one of Halo Financial’s Foreign Exchange consultants, please call
+44 20 7350 5474. Alternatively,
visit the website www.halofinancial.com
to find out how you can save time, money and worry.
For more detailed information on foreign exchange planning please click here:
Currency Converter
Why not use the Halo Financial Currency Converter to see what your current currency
is worth in many of the more popular currencies from around the world.
This is ideal for checking prices and converting euros, dollars or other currencies
into £'s.