Whether you own a holiday home, investment property or other assets overseas, by selling them and moving money back to the UK, you may benefit from favourable foreign exchange rates.
Very slick and professional.
Ron Sharpe
However, the process of repatriating money can be a complicated one, and it's worth bearing in mind the following:
- Exchange rates are constantly fluctuating – so knowing when to trade can be tricky.
- In some countries, banks can charge up to 1% of the value of your transfer.
- Legal issues, which differ from country to country, can be confusing and costly.
- People often repatriate funds to the UK believing they will make a profit, only to lose money unexpectedly.
Our repatriation service addresses these issues
Making international transfers with Moneycorp is faster, more cost-effective and more convenient than using your bank. Our experts will monitor the currency markets on your behalf to secure you the best possible rates of exchange. You'll also benefit from free guidance on the currency markets, 0% commission and some of the lowest transfer fees around.
The benefits of choosing Moneycorp
- Highly competitive exchange rates
- Expert market guidance from a dedicated Account Manager
- No commission to pay
- Fast transfers and low fees
- The ability to fix exchange rates for a set time period, helping protect you from adverse currency movements
- There's no cost to opening an Account