We can help you find the best solution
Whether you are buying an overseas property, moving abroad or making regular international payments, market volatility could interfere with your plans. There are a number of ways we can help you avoid such a scenario, and get you more for your money.
A forward contract allows you to lock into an exchange rate for a period of up to two years. This means that if exchange rates do move against you, your rate – and therefore property purchase or transfer – remains unaffected.
Market orders can help you get the most for your money if you are not restricted by payment deadlines. You let us know what rate you want to trade at, and we book your deal when the market reaches that rate.
Track a rate
Once you have a moneycorp account, you can sign-up to receive an alert via email or SMS for when a currency reaches your chosen rate.
You may also decide on a spot contract, which allows you to use the current exchange rate for your money transfer. There is no need for a deposit, but you need to pay us before the currency is due to be paid to your recipient. This contract type is ideal if you need to make a payment quickly, but are looking for the most competitive rate available.
For more information from an expert please give us a call.
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