Currency Exchange Advice
Tenerife Property Consultancy recognise the importance of choosing a reputable and helpful foreign currency exchange provider to assist you to transfer your British pounds to Euros.That is why we are affiliates of Currencies Direct, who are listed in the 2005 Sunday Times Fast Track 100.
Using a foreign exchange specialist means that poor exchange rates, high transfer fees and commission charges will not affect your capital.
How can I protect my capital?
Buying options include spot deals, forward contracts and limit orders, many of which are usually not available to private individuals through a bank.Spot Deal - If you need to transfer money quickly, this option will give you the best rate available right now and guarantee it.
Forward Option - If you've got a purchase date agreed or payments due on given dates, you can fix a rate for up to 2 years. This allows you to protect yourself against any movements in the market.
Limit Order - This is used when you want to achieve a rate that is currently not available. You set the rate that you want and the market is then monitored. As soon as that rate is achieved the currency is purchased for you.
Benefits to Tenerife Property Consultancy clients
- A personal currency broker to guide and assist customers through the foreign exchange process
- Superior rates of exchange
- Free transfers (on transactions over £5,000)
- Low minimum transfer amount of just £2,000
- Transfer of funds to international destinations within 48 hours
- Rate watch and notification service - we watch the currency markets on your behalf
- Forward buying which guarantees a fixed rate from 3 days to 2 years
- Confirmation when funds have been sent by HSBC Bank plc
