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FOREIGN EXCHANGE ADVICE


When transferring money into Europe from the UK, the simplest and most cost effective way is to use an International Foreign Exchange Company. Whether you are moving money to help fund a business or property purchase, or simply transferring money to live or work here, we can help you to get the best possible exchange rate as easily as possible, by introducing you to our Foreign Exchange Partners – Sterling Exchange, Ebury Partners or World First

We can assist you to not only transfer the amount you require at the best exchange rate available but also to open the bank account to receive the funds here in the Canary Islands. We will help you, when required, to maximise your available funds when you have made your move out here as well.

WHY USE OUR FOREIGN EXCHANGE PARTNER?
  • The rates that are available from your local bank are the ‘tourist rates’, which are very different from the interbank rates. Our Foreign Exchange Partner will be able to secure an exchange rate for you that will be only slightly less than the interbank rate
  • Our Foreign Exchange Partner will guarantee no commission charges
  • You will be appointed an account manager who will be your single point of contact throughout the exchange process
  • Whether you are making a one-off transfer (now or a few months in the future) or making regular money transfers overseas you can fix your exchange rate now. This removes any concerns you may have over currency fluctuations and allows you to budget your finances
  • Funds are delivered quicker through SWIFT (Society for Worldwide Interbank Financial Telecommunications). This process increases speed and efficiency as well as giving you more control over your transfers
  • Should you want to buy a currency but want to wait for a specific rate then our Foreign Exchange Partner can monitor the market for you 24 hours a day even outside of London trading time
  • Once the funds have been deposited into your destination account our Foreign Exchange Partner will confirm this to you. This helps provide peace of mind and also assists with any ongoing transactions you may need to make

To learn more then please go to our Foreign Exchange Partner’s website by clicking here



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