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Currency Transfer to Spain,
The Only Way To Transfer Your Money
With No Bank Charges
You need to take firm control of your finances and get the best rates possible
when moving your money overseas.
Moving to a new country is a massive decision. People often forget the impact exchange rates can have
on their future wealth, however with some simple planning you can protect yourself against constantly
fluctuating exchange rates.
Protecting your money is easier than you think, the earlier you begin thinking about your currency
requirements, the more likely you are to make your money go as far as you do!
Once you have bought your Spanish property, you may still need to make a regular currency transfer
for a variety of reasons including:
- Foreign mortgage payments
- Pension transfers
- Rental income repatriation
- School fee payments
- Salary transfers
The majority of people who have bought property on the Costa Blanca will have used high street banks to convert
their cash into foreign currency before they purchase property.
Banks are in effect charging up to 4% over the odds for the currency exchange. This could cost over
£3,000 extra on a property worth £100,000.
Most high street banks offer uncompetitive exchange rates, but many people aren’t aware that there is an
alternative.
Foreign currency specialists such as HIFX, Money-corp and Commercial FX (CFX) offer a better
deal because they deal in huge volumes every day.
They offer commercial exchange rates that are more competitive than the retail rates from banks and
bureaux de change.
The Foreign currency specialist that I use is HIFX; just
click here.
if you would like more information on their services.
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