
Working overseas
Foreign mortgages

Export sales
Save a vast amount of money compared to retail bank services..





* on amounts above £5000, otherwise £10 fee applies
Don't get burnt by fluctuating exchange rates, our secure service through our broker provides:




Case study one:
On 5th November 2006 Mr. & Mrs. Phillips had found a property in US
with an asking price of $300,000 which they agreed to purchase by placing a
deposit of $40,000. As an off plan property they had a balance of $260,000
to pay by 1st March 2007.
With some urgency to buy the property they approached there bank who they
had used for 25 years with a request to pay there deposit to the US. They
subsequently found out what they thought would be a fairly straight forward
process soon became a time consuming hassle.
First of all the bank clerk had no idea what exchange rate they could
provide on purchasing $40,000 so they had to wait at the counter for the
clerk to speak to various bank personnel. Secondly when they did establish a
cost in sterling the clerk had little understanding of how foreign currency
transfers worked and stated it could take up to a week for the money to
arrive.
Last of all and perhaps most importantly, the bank provided a very poor
exchange rate of 1.7600 and
charged £40 to transfer the money.
When Mr. & Mrs. Fletcher came to preparing for the final payment in March,
they decided to carry out some research on the internet to see if any
company was offering better exchange rates and service than their bank.
It was at this point that they found
Dollars Today co uk on
Google by typing in
Pounds
Dollars in the search field. Here they were put in contact with a
reputable FSA regulated broker who
specialised in helping people transferring currency for property purchases
overseas. From the first point of contact a currency expert explained how
the process worked and what the associated costs were.
On 26th February 2007 Mr and Mrs Phillips with some helpful advice purchased
the remaining US DOLLARS they required from their very own personal broker.
They purchased at a much improved exchange rate of 1.9550 for $260,000
required. The bank quote offered was over
3% lower at 1.8924 saving
them over £4000! In addition to saving money they experienced a far
more specialist, personal service and paid no transfer charges or additional
fees. The broker simply charged less than the bank for carrying out the same
process and even ensured the money was in the US the same day.
In hindsight they only wish they turned to the internet before using their
bank but are grateful they used a broker when completing the largest chunk
of their property purchase.
For more information please complete the form at the top of this page.
...."It's a real treat to come across a group of
people who give the service they say they'll give & do it with excellent
communication. You gave me 1,600 US dollars more than my UK bank's offer on
a 40,000 pound sterling transfer and it all went exactly as you had
outlined. Well done & my thanks to you all.”
Bob L. Atlanta, United States
-
- GBP
-
- USD
- 1.5790
-
- GBP
-
- EURO
- 1.2447
-
- EURO
-
- GBP
- 0.8033
-
- EURO
-
- USD
- 1.2678
-
- GBP
-
- JPY
- 125.24
-
- GBP
-
- AUD
- 1.6041
-
- GBP
-
- NZD
- 2.0857
-
- GBP
-
- ZAR
- 13.229
-
- GBP
-
- CHF
- 1.4961
-
- GBP
-
- CAD
- 1.6091
-
- GBP
-
- SGD
- 2.0110
-
- GBP
-
- THB
- 49.452
-
- GBP
-
- HKD
- 12.266
-
- GBP
-
- TRY
- 2.9003
The rates shown above are "inter bank" exchange rates and are not the rates that you will be offered by Currency Today. Your rate will be determined by the amount of currency that you are buying.