When selling property abroad, local taxes and fees can take a big bite out of your profit. You won't want to lose out on the currency exchange rate as well. Foreign and domestic banks can charge as much as 4% on currency conversions. There's a better way with Currency UK.
It goes without saying that Currency UK will offer you a fantastic exchange rate when compared with the alternative. However, it is Currency UK’s wealth of experience that you will find most valuable. For example, many people don’t consider the difficulties of transferring funds out of the country, particularly if they are trying to do so remotely. In some countries, this may be due to bureaucratic tax declaration processes, in others, it may be bank security protocols. Currency UK have helped thousands of people in these situations, and have ensured that the wealth of knowledge gained has been passed on to our dedicated account managers.
In addition to the above, you can take advantage of Currency UK's experience with overseas payment systems like SEPA, which make international payments even faster and cheaper. If you're selling a property outside the UK, get in touch.
Posted in Personal Resources on Jun 21 2017