When moving abroad we might be able to save you money. How?
We are aware our removal customers are often sending their money to their new home country. Whether it’s the proceeds of a house sale or the savings in your bank account, this can often be a sizable amount of money. Often the natural reaction is to ask our bank to transfer our money, but this isn’t the most cost effective way. Currency Exchange experts can often save between 3 – 4% in comparison to transferring currency with your bank.
A 3% saving on £100,000 house sale proceeds transferred abroad would save you £3000.
We are proud to work in partnership with currency specialist Global Reach We chose to partner with Global Reach due to their friendly approach and avoidance of hard sales techniques, so why not request a callback and see if they can help you. Want to know more, keep reading……
More about Global Reach and the services they offer
Global Reach are currency specialists and have been using their expertise to help customers transfer money overseas for over 10 years. When you sign up for a no-obligation account with Global Reach you’ll be assigned your own personal account manager who’ll be there to guide you through the transfer process. You’ll benefit from your account manager’s in-depth market knowledge which can help you choose the most opportune times to trade in a world of choppy exchange rates
Global Reach has greater flexibility in comparison to other brokers as it’s a Financial Conduct Authority (FCA) authorised E-Money institution—it was even one of the first in the UK. The E-Money status means that Global Reach can hold your money until you’re ready to transfer. If you’re planning a move overseas and haven’t had a chance to set up a bank account, they can hold your funds in sterling securely until you’ve had a chance to set one up. If the exchange rate is particularly favourable at that time they can exchange your funds and hold it for you in a currency of your choice.
Is It Safe?
Fund safety is of the highest importance to Global Reach and so customer monies are kept in separate accounts to Global Reach’s own business accounts, which guarantees your money stays protected. The company eliminates market exposure of client funds by purchasing currency immediately when a trade is agreed to keep your position completely covered and risk-free.
Best Exchange Rate Guarantee
If you’re looking for a great exchange rate, Global Reach offers their ‘Best Exchange Rate Guarantee’ on every trade to ensure you can rest assured that you’re getting the best deal. You’ll already receive up to 4% more on your currency transfer when you use Global Reach rather than a bank, but you can relax after you’ve made your transfer knowing that if you find a better rate, they’ll match or beat it.
There’s also a host of products and services available that your account manager can discuss with you. You’ll have the opportunity to lock in a current exchange rate to use at any point in the next two years which is fantastic for those looking to purchase property overseas with an unwavering budget. Currency fluctuations can result in the loss of thousands in just the space of a few months and it’s essential to speak to your account manager to plan a strategy and make the most of your funds, no matter what the market’s doing. If you need to transfer money abroad regularly for pensions or other payments, Global Reach can help you with those too. Each transfer is bespoke and will be completely tailored to your needs and requirements.
Global Reach has helped 25,000 people transfer over £5 billion and has earned itself a five-star Trust Pilot rating as a result. Contact them today to discuss your currency transfer, and see how you can make the most of your funds.
Global Reach is an authorised E-Money institution – FRN: 900205.