Currency Exchange Service
When buying a property overseas you will most likely need to make overseas payments in a foreign currency. Buying foreign currency through your bank can be expensive and time-consuming. Fluctuating foreign currency exchange rates and hidden bank charges can make a huge difference to the final price you pay.
Select Money offers a tailor-made service which delivers all your currency exchange requirements for an overseas property purchase. Whether you want to make a Single Transaction at today’s exchange rate, fix a favourable exchange rate for up to 2 years or set up a Regular Payment Plan, Select Money can save you time and money.
Select Money has partnered with Moneycorp, the UK’s leading foreign currency exchange provider, to offer a simplified and cost effective service to facilitate foreign currency payments for your overseas property purchase.
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Cheaper transactions
• The most competitive exchange rates on the market. Compare with bank.
• Zero bank charges and commissions
• No hidden charges
Simpler transactions
• Hassle-free account opening with your property purchase.
• A single point of contact for all your financial and property enquiries.
• The facility to forward book currency for 2 years to avoid fluctuations
Secure transactions
• All payments are processed through Moneycorp, the UK’s largest foreign exchange provider in the UK with annual currency trades of over £10 billion.
• The Royal Bank of Scotland, the UK’s second largest bank, is a significant shareholder in the group, helping to provide stability, security and peace of mind
It’s simple to open a Select Money account, find out more.
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