Foreign Exchange Account


If your funds are in a currency other than Euros, say Pound Sterling,  you will need to exchange. Using a currency broker is by far the cheapest way to do so, and will save you thousands on your house purchase, if you did the same thing in your High Street Bank.   The Bank takes all the commission that can be around 2%. The currency broker, charges much less and works with your Bank, who technically is no longer making the exchange, so cannot charge a commission to you for this. We arrange the account for professionally at the early stage of the conveyance. It is important this is set up correctly due to the money laundering regulations and Land Registry requirements.

Foreign Exchange Account

Updated on 2017-09-29T12:18:40+00:00, by Jordan.