Spanish Property Deals

Currency Exchange

When making an overseas purchase, currency exchange may not be the first thing on your list. It can be equally as important as the purchase price though, as the exchange rate has a direct and noticeable impact on your bank balance.

For example: A property costing 250,000 Euros

250,000 Euros purchased on the 24 June would have cost £165,175. However the same 250,000 Euros purchased on the 21 July, less than one month later would have cost £174,775. A difference of £9,600. (costing you £ 9,600 extra)

The extraordinary increase in price is due to movements in the foreign exchange market, a highly complex system of banks and trading companies working continually to speculate on, and control, our global economy.

Although you have no control over this market Sterling Exchange have a dedicated team of brokers, analysts and support staff that are working non stop to ensure that you are aware of its movements while offering you the products and services that will save you both time and money. For more information on the services and products we offer please click on the banner on the left.

Chris Pugh will be your designated Currency Broker, if you prefer you can telephone him direct on (0044) 0207 329 9977

Always quote "Spanish Property Deals" to ensure the best rates

Using Sterling Exchange couldn't be easier.

Follow the three steps below for an efficient, free service.

Step 1. Open an account

This is done by registering through the website, download and fill out the application form, then simply return the application form along with two forms of ID. One must be photographic, and the other must contain proof of residence. Once received and processed, your currency planner will contact you within an hour. He will then ask what your requirements are in order to suggest the best course of action.

Step 2. Buy your currency

Speak to Chris Pugh your designated currency planner and he will give you the current market rate. If you are happy with the quotation, he will buy the currency on your behalf. They will then confirm this trade in writing by way of a deal receipt and provide instructions on how, and when, to make payment for your currency.

Step 3. Get your currency

Once they have received your cleared funds, will promptly transfer your exchanged currency to any bank account of your choice, worldwide, the same day.

Help and advise

The currency planner will be happy to discuss, help and advise how the transactions work before you make any financial commitment.

Always quote "Spanish Property Deals" to ensure you get the best rates