If you are buying a property overseas, whether as an investment, holiday or retirement home, or to live permanently, it is likely that you will have to exchange your currency in order to be able to pay for the property.

Exchange rate volatility will play a key role in your local currency transfer. It is not uncommon for currencies to fluctuate by as much as 10% over relatively short periods.

For example, a couple wishing to purchase a property in Spain for 200,000 euros would have paid the sterling equivalent of £135,107 in December 2005. Three months later they would have paid £139,034 for the same property. By securing an exchange rate in advance, they would have made a saving of almost £4,000.

In addition, you can take advantage of the following:

* No commission charges
* No receiving bank fees
* Fast, efficient worldwide transfers
* A dedicated dealer to guide you throughout your currency transaction
* 24 hour market monitoring enabling you to benefit from currency fluctuations outside of normal banking hours
* Regular Payment Plan - smaller regular transfers
* Extended office opening hours 7:30am - 10:30pm and 10:00am - 4:00pm Saturdays
* TTT Moneycorp Privilege card to purchase currency and travellers cheques commission free and at preferable rates of exchange from any of our retail branches in
* central London, or at Gatwick and Stansted airports
* Peace of mind dealing with a company that has been trading foreign currencies since 1979, is the only foreign exchange company in the UK to have been certified to
* ISO 9000 Quality Assurance and last year (2007) traded in excess of £10 billion in currencies

For more information, please send us an email with your contact details: info@frenchmortgagedirect.com or find out more online by clicking here