For the latest Euro exchange rate predictions and news, check out our currency partner, World First, daily update. These pithy posts get straight to the point and explain, in layman’s terms, what the potential impact of the day’s events is likely to be on the exchange rate.
When completing your French property purchase it is likely that you will need to transfer money over to France. There are many reasons why this might be necessary, to pay a reservation fee, a deposit on the property, to cover additional purchase costs or simply to make your monthly mortgage and living expense payments.
Making payments in a foreign currency will mean you are exposed to movements in exchange rates which will affect the final cost of the property in France you are buying. Read our latest post on how a French mortgage can reduce your exposure to the exchange rate fluctuations.
Through our carefully selected, FCA-registered foreign exchange provider, World First Ltd we are able to not only save money on the exchange rate you receive but reduce your exposure to movement in rates.
Please talk to your consultant who will be able to answer any questions you may have. We will be happy to explain the difference between a spot and forward contract and discuss the advantages of looking at an alternative to your high street bank.
For further information on how World First can help you save money contact Thomas Coate on +44 (0)20 7095 0719 or email@example.com or open an account online now, and remember to mention International Private Finance to ensure you get the best rates.