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
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
- Needing to make regular currency payments for rent, pension or mortgage transfers
- Transferring a one off payment
Click Here for the Currency Converter
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.
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 exchangerates:
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 or to request a call back click here. 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.
Halo Financial Currency Converter