When you’re making a large transfer, for example when buying or selling property in France, the timing of your transfer can become more important. Even a small change in exchange rate can make a big difference to the amount you receive.
So if you’re making a transfer of over £10,000, you may prefer to book the transfer over the phone with one of our dedicated currency specialists.
And if you’re transferring more than £50,000 in a year, you’ll also get access to your own account manager, who will get to know your individual requirements.
They’ll keep you up to date with relevant market moves and make you aware of economic factors that are likely to influence the exchange rate. They can talk you through the different options available to you when making a transfer, which are designed to help protect you from negative exchange rates and provide peace of mind:
- Spot contract: if you have access to your money now and you want to convert it straight away.
- Forward contract: secure an exchange rate for up to two years, so you don’t have to worry about currency fluctuations.
- Market order: let us know the specific exchange rate you are looking to achieve. Your currency will automatically be bought when your desired rate becomes available to you.