Emigrating can be a lengthy and complicated process. learn how to save money on your currency transfers

Emigration

Committing yourself fully to a new life abroad is an exciting, yet daunting prospect. Emigrating can be a lengthy and complicated process, involving legislation and important decisions that may well add to the stress already involved. It can then become even more complex when you have to negotiate a volatile exchange market.
During the time you are preparing to move, you may notice varied and sometimes quite astonishing movements in the Foreign Exchange market, making budgeting extremely difficult.
Interchange can help you avoid sudden movements in the exchange market, which could abruptly end your dream of a life in the sun.

To fully understand the options that are available to you, please feel free to contact one of our dedicated account managers who will help identify your needs and meet your requirements.

Case Study

John was a 63-year-old successful entrepreneur who had found his dream home in South Africa.
The plan was to retire.
The deposit on the property was the Rand equivalent of £8,000, which he placed through a high street bank.
It was at this point he thought their charges were rather high.
After all, the inter-bank rate looked quite different from the one he was given, but then the inter-bank rate was for large amounts of money.
But wasn’t he about to spend substantial amounts of money in the form of the full payment on a house?
John wondered whether he could get anywhere close to that inter-bank rate for himself.
At that point he talked to our currency experts.
They offered him something very close to that seemingly elusive rate.
And because he wanted a 3-month forward option in a currency with high inflation, they were actually able to improve on the rate of exchange further, and lock his rate above the inter-bank rate.
The amount required to complete the transaction was £2,800 less.
John now uses our experts for even the smallest transactions of rand into pounds and vice versa.
To learn how you may benefit from our experts advice , please fill out the following form.