Buying or selling French property?
French-Property.com’s currency service is here to help you save money and time when it comes to making payments to and from France.
You may not be aware that using a specialist currency service can save you up to 3.5%* compared to using your bank for transfers, because your exchange rate will be much more competitive, resulting in more Euros for your Pounds, or vice versa.
It’s enough for a saving of up to £4,435* against a typical €150,000 property transaction. But just as importantly, high street banks are not usually able to provide guidance about what’s happening in the market to affect rates (and therefore your budget), or to help with ensuring your payments get to the right place in good time for any completion deadlines, and with the right communication and paperwork.
With French-Property.com’s currency transfer service, you deal with a team of dedicated professionals, based in the UK, who are only ever a phone call away. When it comes to large payments, dealing with experts in property transactions, will save the stress of negotiating your way through bank call centres. You will be provided with timely updates, payment confirmations, and crucial friendly help from a dedicated point of contact throughout your journey.
Fix your exchange rate in advance
You can also fix and guarantee your exchange rate in advance using our service. This can be very useful when exchange rates are volatile (which is often!) and you don’t want a falling exchange rate to potentially increase the cost of your completion payment by thousands of pounds.
By using a Forward Contract, you can ensure the sterling cost of a Euro payment in the future, is fixed – giving you one less thing to worry about.
Repatriating funds
You can also use our service if you are repatriating funds from France after a sale – with banking facilities in France, we are able to receive local payments from your French bank or even your notaire, to help a smoother sale process, ensuring you can benefit from our competitive exchange rates. Sellers who transfer funds directly to their UK bank are often losing out thousands of pounds in poor exchange rates when their funds are automatically converted – don’t let that be you!
Safety & Security
French-Property.com’s currency service is provided by A Place in the Sun Currency Ltd, which is regulated in the UK (FCA firm reference 504353) and has been helping buyers and sellers of overseas property with their currency transfers since 2008. As the only currency company dedicated solely to property transactions, and as part of the A Place in the Sun group of companies, your payments are looked after with the highest levels of safety and security. A Place in the Sun Currency is regulated under the Payment Services Directive 2017, which includes the use of safeguarded and client bank accounts.