When purchasing a property overseas, your ability to set a budget is made difficult by the fluctuations in the foreign exchange market. Bardell Real Estate are pleased to work with Foreign Currency Direct plc to make the property buying process simple, cost effective and risk free.
Why use Foreign Currency Direct plc rather than my bank?
FCD will save you money and provide you with a personalised service that will save you hassle compared to your high street bank. They are one of the UK’s leading foreign exchange specialists. This means that the volume of currency trades and lower operating costs allows them to pass significant savings onto their clients. At FCD, any Bardell clients are assigned to our personal dealer David Rapp. As a Trading Supervisor at FCD he will guide you through the whole procedure from start to finish. One of the key factors to making significant savings on your currency exchange is timing. David will keep you informed of market activity, which could further enhance your savings.
How do I begin trading with Foreign Currency Direct plc?
Register for a trading facility online or request an information pack in the post. Once you have opened an account, for which there is No Cost or Obligation, you are in a position to secure rates by telephone. FCD will go to work for you to get you the best rate possible. Should you accept the rate they will immediately e-mail, fax or post confirmation of the contract. Simply confirm your onward payment details by return and as soon as cleared payment is received your funds will be transferred.
Can I fix my exchange rate now for a future purchase?
Yes, an exchange rate can be fixed for up to 2 years in the future. This means that you can determine exactly how much you need to spend on a future purchase without having to worry about fluctuations in exchange rates. This type of contract is called a called a Forward Contract.
How long does it take to transfer my funds abroad?
FCD uses priority SWIFT method for all transfers. This is the quickest and safest way to transfer funds worldwide. As with all bank-to-bank transfers, the time it takes to receive the funds in the beneficiary account is also dependent on the receiving financial institution, which can sometimes cause delay. With this in mind, FCD are the only company to provide an IPD (Irrevocable Payment Document). This is a globally recognised proof of payment to confirm the date and quantities of your transfer.
To find out more information, please don’t hesitate to contact our dedicated dealer,
David Rapp on:
0800 328 5884 Or (+ 44) 1494 725 353
Alternatively email: dar@currencies.co.uk